Insurance

Many AI strategies focus on high-value tasks that provide new business opportunities for agents and brokers.

The aging global population will shift the insurance industry by 2050, according to a new report from The Capgemini Research Institute.

Discover how artificial intelligence is reshaping commercial insurance, enhancing efficiency, and driving profitability.

Clearwater Analytics acquires Beacon; Earnix buys Gen AI provider, plus more insurtech news.

Berkshire's Vice Chair of Insurance Operations Ajit Jain said Geico reduced the insurer's headcount from approximately 50,000 to roughly 20,000, though he didn't specify the time period for the reductions.

These insurtechs have used AI to improve their businesses.

While insurance carriers and insurtechs are excited about the technology, independent agents point to their unique hold on insurance customers.

Representative of the state's insurance industry tells regulator that insurers have to pass on the cost to stay solvent. Comments on the proposal are open through May 5.

Embedded insurance leverages data and tech to offer coverage seamlessly online, meeting customers when and where they need it.

Nick Gerhart, executive VP at the insurer specializing in funeral and end-of-life coverage, spoke about its technology advances, and the role of insurtech on a broader scale in the industry.