Insurance

Advancements in natural language processing and machine learning algorithms are enabling machines to create human-like, digital conversations.

Home insurers have an opportunity to revolutionize their business like health and auto companies have with the Internet of Things.

Alaska senator reverses course from her vote against the effort to repeal Obamacare this summer.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

Carriers know they must adapt to meet customer expectations, but a downward trend of prices is concerning, says Simon-Kucher & Partners study.

Former Protective Life exec Frank Sottosanti joins the company with mandate to transform on digital platforms.

The P&C segment for the multiline insurer is building a more transparent experience on Guidewire's platform.

The smartphone application is a response to recent upticks in ransomware attacks, the company says.

ACA mandate repeal and medical expense deductibility may jeopardize the legislation, legislators say.

The carrier used information from the insurtech's network of sensors to respond to a weather event in Denver.

Less than one-fifth of top life insurance carriers have a policyholder smartphone app, according to Aite Group research, leaving lots of room for improvement in leveraging the channel.

Insurer will provide emergency assistance to drivers via Waze's mobile app.

Insuring against natural disasters could reach unaffordable levels for households and companies, while the potential damage is so unpredictable it may be impossible to model.

The emerging technologies are equally dependent on each other for best results, Novarica says

Commercial lines carrier says the goal is to get more customers together with agents to complete the policy purchase.

Republicans are considering repealing the coverage rule in the Affordable Care Act as a way to pay for far-reaching changes in the tax code.

Insurer will take stake in insurtech while leveraging its technology with clients.

At a news conference Tuesday, the Republican senator said its vital to use the new legislation to end the health mandate.

Insurance industry as a whole, however, lags other financial services somewhat in implementing robotic process automation, according to PwC.

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.