Insurance

Tamara Simpkins Franklin is new Chief Digital, Data, and Analytics Officer for the brokerage effective October 1.

Policyholders’ willingness to buy insurance from technology companies has increased from 2016 to 2020.

The carriers that use data and customer feedback to improve their products, as opposed to developing an awesome onboarding process or pricing scheme, will delight consumers today and will be ready to take on the challenges of tomorrow.

BNY Mellon has launched a system that automates medical and dental insurance claim payments, attaches benefit explanations and enables virtual card support for medical providers.

Born from insurer HCI Group, subsidiary harnesses mobility, big data, analytics, and AI to complete 58 underwriting steps in 300 milliseconds.

Those who choose to sign on get full access to Metromile's suite of products.

The Federal Highway Administration recently published success stories, one of which included the use of telematics technology in action.

Also: Virtual home inspections for social-distancing compliance, digitalizing D&O wholesaling, more.

Amazon Halo John Hancock Vitality integration to launch

Coefficient Insurance will sell stop-loss insurance, a type that helps cover unexpectedly large claims against employers who self-fund their health-benefit policies.

In the long term, a realignment of customer behavior will have a profound impact on life insurers.

Progressive and others see opportunities to increase adoption as technology base grows.

Also: The Philadelphia Contributionship leveraging Cape Analytics, Jewelers Mutual's new digital platform.

While technology brings its share of distractions, it also enables tools that can be used to help reduce distracted driving and facilitate good driving rewards through telematics and UBI, says Lexis-Nexis

New Chief Underwriter and Underwriting Transformation Officer Dawn Boitnott will focus on automation, she says.

Insurtech says it hopes to get credit scores out of the underwriting process by 2025.

Consumers are becoming more focused on how much value they're getting from their insurance policy, says survey from Cambridge Mobile Telematics.

Samsara provides inward- and outward-facing dash cams that provide truck drivers with in-cab feedback on their driving.

A focus on online acquisition for early entries into new markets will support agents down the road, says personal lines president Keith Daly.

Company also is expanding reach beyond best drivers in order to draw more into UBI.