Insurance

Carrier's new digital marketplace will assist agents in the underwriting process with faster, more intuitive interface.

The insurance giant said it would need to make a “significant additional investment” to gain scale and be competitive. It has hired an investment banker to help it unload deposits and loans.

Carriers are able to leverage delayed flight information to provide customers with various other options of travel, similar to the hospitality online marketplace.

The insurance industry in the midst of major structural changes, led by those willing to take risks and go against the inertia of a venerable sector.

Applications include the faster delivery of claims payments, identifying fraud and leverging connected IoT data for improved actuarial models.

In a sign of its ambition, last month, CVS hired a senior executive from a startup that specializes in primary-care clinics to oversee expanded health-care services across the company.

By joining forces with the rental marketplace, the insurtech will be able to reach new renters at a time when their propensity to buy insurance is higher.

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.

This session's cohort features startup companies with expertise in computer vision, cybersecurity, big data analytics and more.

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.