Finance

The life insurer's unit does more than just provide capital to interesting startups; it also serves an innovation nexus in the company.

The israeli vendor will merge Adaptik's core offerings with its cloud-based analytics platform.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Vendor will offer insurtechs the opportunity to showcase their technology as ancillary features on its flagship InsurancePlatform.

Insurers and insurtechs have an opportunity to join forces in raising the profile of the industry as a digital destination.

A review of the list of startups included in two insurance technology winter accelerator programs shows that almost half are headquartered outside of the U.S.

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

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

Carriers worldwide opened up their checkbooks this year in efforts to support the transformation of insurance.

The New York-based startup had raised $60 million before Tuesday’s announcement.

While Silicon Valley aims for raw profits, carriers are looking for revolutionary solutions to improve their producs, say panelists at EY event.

The buys of Networked Insights and HomeGauge are part of the company's commitment to data science and AI, says busines development leader Peter Gunder.

Commercial insurer partners with insurtech SizeUp, helping entrepreneurs maximize profits.

Rather than looking to innovate on products, startups in life insurance concentrate on distribution as a way to improve the sector, say Accenture panelists.

American Family Insurance built a team from diverse backgrounds to develop digital initiatives.

The incubator launched in September by Startupbootcamp kicks off early next month in the traditional insurance capital.

New unit will invest in startups with expertise in mobility, connected health, data intelligence and cybersecurity.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

Many of these dangers stem from the increasing reliance of financial services companies on outside technology firms.

Midwestern insurer creates accelerator and venture capital fund intended to build up Milwaukee's startup community.