Insurance

Razer is looking to tap into its user base that is largely underserved by traditional financial companies.

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.

The home insurance insurtech is looking to improve its customer experience while starting a portfolio of companies.

HL7’s Fast Healthcare Interoperability Resources standard is the linchpin of health insurer Humana’s efforts to support data sharing with provider organizations to improve care for its members.

The opacity of data-analysis tools can make it difficult for workers to fully understand how much employers can see.

While consumers grow more at ease with digital contact every year, they remain more at ease with non-digital status updates on the whole.

Formerly Verifly, company has rebranded to bring short-term commercial policies to a range of professions.

Working with the insurtech Flyreel, new policyholders will be able to provide crucial data to the insurer.

Farmers and other carriers are engaging and empowering their customers’ self-service lifestyle and thirst for real-time access to information.

The global value of insurance premiums underwritten by AI have reached an estimated $1.3 billion this year.

Launch of Des Moines-based BrokerTech Ventures shows distributors increasingly interested in digitalization.