Insurance

The carrier has made aggressive moves to partner and enroll more customers in usage-based insurance.

Also: Travelers exec moves to ClarionDoor, more.

Also: Bestow API, Coverhound acquired.

Tech leader for commercial insurer discusses becoming more agile, working with Google, incorporating automation.

Employees often don’t take advantage of supplemental insurance because of the difficulty of the claims process.

Depending on how you count it, there are at least eight different models for distribution in P&C, and variations within each of those.

The insurer is the parent of Aloi Nissay Dowa Insurance and Mitsui Sumitomo Insurance.

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Consumer adoption is steady but still modest, Novarica finds.

Amid increased work from home during the coronavirus pandemic, new product to launch with multichannel distribution.

I see the insurance industry going through many of the same challenges that we faced early on in e-commerce.

That represents a major lift from 2017, when J.D. Power reported that customers were slow to adopt digital interactions

The program is built with an SDK from the startup Sensely.

The goal of every claims organization has been and will remain quickly adjusting a claim at a low cost with high levels of customer satisfaction.

Metromile says the coronavirus pandemic has increased customer interest in its product, with squeezed consumers looking for ways to reduce their costs.

Also: Swiss Re implements Majesco, new insurtech launch.

Customers were ready to leverage drones and self-service after weeks under social-distancing regulations, insurers say.