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If insurtech is to truly transform insurance, it must ultimately affect the key financial metrics of the industry.

The Iowa-based insurtech mentoring program, directed by Brian Hemesath, welcomes eight nascent companies for its fourth iteration.

Life insurer also announces a brand new venture capital investment fund, led by its chief digital office.

There will be a shift from products that change consumer experience to core solutions that will bring greater efficiency to an industry, says XL Innovate expert.

The insurance industry faces a couple of big hurdles: risk aversion and a culture that is also very averse to change.

Carriers enter the new year with a sense of urgency to deploy faster, higher-impact capabilities aimed at enhancing underwriting, claims and customer interaction, says Aite Group.

Fifty-one percent expect a raise from their current employer while 21 percent also expect a promotion.

Core system vendors like Guidewire, and Majesco have announced new digital capabilities that could significantly change how insurance technology firms compete.

Former chief claims officer Glenn Shapiro takes on a new role with telematics as a priority.

A new study finds that nearly three in four organizations plan to incentivize employees to improve data hygiene and take accountability for compliance.