The Latest

Adoption of new technologies and ideas need not wait for epochal events, nor can we assume the benefits of a new technology alone will overcome the context of a situation and habitual factors at play.

Carriers can integrate with partners offering specialized capabilities and provide a comprehensive customer experience through a single unified platform.

Also: FRISS and Gore Mutual, Insured Nomads/Safesure.

MilesMyWay was in development pre-pandemic, but was prioritized as the carrier saw habits change.

Insurtech maturity and the pandemic are driving investment.

Digitally empowered customers are seeking better, personalized experiences, but product-oriented strategies handicap most insurers.

Robin Gordon will join on March 29.

Chubb had offered $65 a share for the Connecticut-based insurer, disclosing the proposal on March 18.

Many insurers have a traditional, albeit risk-averse, data mindset as evidenced by their reliance on traditional data and avoidance of emerging data sources.

The new product pays out a cash benefit for expenses within five days following a quake.