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When coronavirus began causing many small businesses to view annual liability policies as burdensome, Hiscox hatched the distribution pilot idea to gauge appetite for short-term coverage.

Many insurers miss out on the full benefits of transformation programs for key reasons.

Agents who aim to become a true “digital powerhouse” should focus their attention in two key areas: digital marketing and streamlined self-service.

The data types that firms perceive as adding the most value to the business include pre-fill data from third-party vendors, images from cameras and smartphones, PDFs of all sorts of data, and customer segmentation.

People buy insurance for peace of mind, and there are steps insurers can take to help further ease customers’ minds during this difficult time.

Also: How insurtech Skywatch.ai worked with Google, and Foxquilt looks to expand.

The sharing economy and pandemic-reduced driving volume are raising consumer interest in UBI.

Computer vision helps us turn the vast amount of geospatial imagery generated by satellite, reconnaissance planes, and drones into geospatial intelligence to be used in risk assessment, loss prevention, risk management, and product innovation.

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

Partnership with HSB helping in de-risking expensive collections.