Strategy News from Digital Insurance

Younger consumers prefer digital insurance experiences creating challenges and opportunities for the industry.

Insurers and adjusters are using AI across the claims space to expedite the process, verify information and improve the customer experience.

ACORD's Somesh Mukherje, vice president of solution architecture at ACORD Solutions Group, shares the complexities of technology used in weather-related claims processes.

Texas Hill Country saw $1.1 billion in property damage to residential buildings, according to preliminary Cotality estimates.

Digital transformation is streamlining operations and enhancing customer experiences.

An academic paper presented at the Brookings Institute's annual conference found that future wildfire risks are already having economically significant impacts on financial markets, municipal borrowing costs and vulnerable communities.

Behavioral economics is gaining traction in insurance underwriting.

Figures released by the state's insurer of last resort show double digit percentage increases over last fiscal year, and triple digit percentage increases since four years ago.

A look at insurer innovations and strategies

State senator Roland Gutierrez points to National Weather Service cuts, and denial of mitigation project funding. Former FEMA administrator says cuts will worsen disaster impact on smaller communities.

It's a critical time for insurers to assess technology investments and infrastructure

Lenders and other businesses active in the state also stepped up with large donations and charitable campaigns in the days following the flooding disaster.

Keynova Group released the Q2 2025 Online Insurance Scorecard evaluating the digital offerings from the top 12 insurance carriers in the U.S.

The cost is down 16.5% from last year, according to The Insurance Information Institute.

Contingency plans should address protecting documents, establishing communications and ensuring the security of physical office locations.

Here are five questions for agents considering this transition.

Nationwide's Sarah Jacobs shares how technology is changing the risk profiles for homeowners.