Insurance

The insurer will still sell policies over the internet as it phases out the Esurance name next year and reworks how consumers are directed to its web-based platforms and agencies.

But many insurers are putting all their investment “eggs” into few baskets and ignoring – or at best shortchanging – other opportunities.

Huckleberry, online insurance purchasing and management platform for small businesses, will use its $18 million Series A funding to build out its paperless platform, says CEO Bryan O’Connell.

Several launches in the space have been reported as the year comes to a close.

Chicago-based homeowners insurtech aims to educate customers to get the best coverage possible.

Terms of the deal were not disclosed.

Digitizing flood insurance has the ability to automate claims, add consistency to regulatory compliance and assist with fraud control.

More than 1,000 customers in the line of business have taken advantage of the new program.

Paula Bartgis has also worked at Voya, MassMutual and Travelers.

Here’s a look at two use-cases for AI in health insurance that are starting to make headway.