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.

Priorities are notably centered around the insurance agent for growth as well as investments in AI and data analytics.

Carriers looking to apply artificial intelligence and machine learning to business processes should make sure they understand the problem they are trying to solve, say panelists.

CIO Jamie Roser credits the carrier’s quick expansion over its five-year lifespan as a company to its digital strategy centered on a cloud-based core system.

While carriers may not be able to replicate the exact science, they should understand that organizational and cultural shifts can both attract the right talent and encourage the emergence of internal ideas.

Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap.

A look at how leading property carriers are leveraging connected devices to improve the customer experience.

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

By using updated tools to analyze driver behavior, insurers can work with underwriting partners to dig into data and develop personalized coverage.

The firm's hire of Mike Schuster to work on AI may have implications for the small-business insurance platform it partially owns.

Said Taiym will implement emerging technologies that will aid the broker in delivering improved strategic risk solutions for clients.