Insurance

The carrier piloted Snapsheet’s technology before launch, and found claims were settled up to 40% faster using the insurtech's software.

The firm is releasing new cloud technologies to fight disease and help health providers abide by privacy laws as the medical sector moves to internet-based computing.

More than 75% of fintech executives surveyed in a new report acknowledge their primary business objective is to collaborate with banks and insurance companies.

The life insurer’s LifeScore Labs division is ready to make its data tool available to other carriers in the space.

Puneet Bhasin arrives at the carrier by way of Waste Management, and will lead the company's new multi-year digital transformation initiative.

AI promises to disrupt insurance and to provide major competitive advantage. The result is a flood of investments for leading players.

Carriers who develop internal innovation capabilities can outrun disruptors thanks to industry knowledge and information resources.

Insurance payments will increase by double-digit percentages for Obamacare plans in most states next year.

The industry is not just building for prime, low-risk, high-end customers: The more sustainable value comes from a little bit of revenue from a lot of customers.

Innovation teams understand that the connected world is evolving rapidly, and that competition is coming from industry newcomers as well as incumbents.

The former Esurance VP says incumbent carriers have an advantage in underwriting expertise and should explore emerging technologies to boost that.

The application, developed with Cambridge Mobile Telematics, is the latest example of carriers turning to telematics to thwart distracted driving.

Carriers are transitioning to a 'channelless' experience, where onboarding and service can begin and end at different touchpoints.

Incumbent insurers are becoming more active than ever in the insurtech sector, defining its path.

Organizations combining innovative talent, diverse data, and applied intelligence can use data-driven insights to improve customer experience, says Accenture's Debbie Polishook.

The German insurer is reportedly looking at XL as a potential target to grow its casualty coverage business in the U.S.

Carriers must be careful stewards of data in order to mitigate the impact on consumer privacy, experts say.

IT jobs will be concentrated at the insurer's Cleveland and Colorado Springs locations as it looks to fill 7,500 total positions across departments.

Commercial insurer will make technology available to clients that reinforces proper lifting form, with the goal of reducing workers' comp claims.

Bahr Omidfar is responsible for strategic direction of architecture and application development for the commercial insurer.