Finance

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.

Among selection of 9 emerging companies are several taking advantage of data from devices.

Australian insurer will leverage startup's machine learning platform to automate commercial underwriting.

Solaria Labs has helped the insurer bring new ideas to market that impact all corners of its business, says innovation VP.

The life carrier is keen on finding the startups that will define insurance user experience and distribution in the future, says managing director Doug Russell.

SVP Jerry Gupta notes the emerging technology has increasingly been used in distribution and claims straight-through processing.

The insurtech intends to make its cloud-based distribution platform available to carriers globally.

Commercial insurer joins Des Moines, Iowa-based program as investor and program mentor.

There are opportunities for carriers of all sizes to get involved, as many startups looking for pilot customers will lower costs to get their foot in the door.

Insurers, municipalities and venture firms are teaming up to identify winning startup technology companies and develop effective solutions for the industry.

Ten to 12 startups will be accepted into the three-month program each year and work out of the Upward Hartford WeWork space.