The Latest

SMA research identifies a definite slowdown in the purchase of core systems in the P&C market.

Insurers will spend on average $90 million on artificial intelligence technologies by 2020, study finds

A convergence of ride sharing, autonomous driving, and vehicle electrification trends will drive the shift, BCG says.

Data visualization, dashboards, data integration and data quality are among the features cited as most critical by firms.

Move reinforces insurer's efforts to revamp underwriting practices, particularly product development and risk appetites.

Study suggests predictive analytics to combat the problem, helping carriers shed unwanted policies and validate client information.

Machine learning, deep learning and natural language processing are among the technologies that will help drive organizational success.

The two technologies account for nearly half of global insurance tech investment, up from 10% in 2015.

But producers seek better marketing tools and onboarding help rather than portals and mobile apps, says Celent research.

Farmers' subsidiary begins new core instillation with its dwelling fire and specialty homeowners lines.