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As the use of AR and VR technologies continues to accelerate, insurance businesses may be able to perform more critical operations in the metaverse.

Insurance brokers are seen as attractive targets for private equity thanks to their asset-light business models and the fragmented nature of the industry.

Until now, some paying customers have been blocked from accessing the feature known as FSD because they didn't score high enough on metrics Tesla uses to set insurance rates.

The US insurer is working with Bank of America Corp. on the possible divestments, which could fetch more than 1 billion euros ($1 billion), according to the people, who asked not to be identified because the discussions are private.

Digital Insurance spoke with Eric Sellenberg, technical director, Zurich North America.

Auto and property rates in the third quarter of 2022 were also influenced by inventory changes, Hurricane Ian, and recession fears.

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The initiatives at the top of insurers' agendas in 2022 include those involving data and analytics.

The groups are utilizing a blockchain technology known as Provenance, which serves as a ledger to issue and transact across private investments.

Underwriting technology company shifts focus to workbench product