Insurance

The Indianapolis-based company also said the combined carrier would fortify the online insurance exchanges created under the Affordable Care Act.

The startup was rapped by state regulators, who said its employees were selling insurance without the appropriate licenses.

Insurers have many options when it comes to marketing via the mobile channel, but the most underused is the art of texting.

The telecommunications company will add Yahoo web services that still draw 1 billion monthly users, gaining share in the $187 billion digital-advertising market.

The new AMsuite platform will support American Modern's refreshed suite of personal lines products.

Customers are now encouraged to provide service-specific ratings on the carrier’s website.

Carriers will continue to invest in managing and analyzing both structured and unstructured data from telematics, wearables and weather, Celent predicts.

The strategy remains a good way for newcomers to enter the market, but carriers must provide additional value propositions to the consumer, Novarica says.

With the acquisition, the health insurance technology provider expands its services into the group benefits market.

Other concerns for insurers include how to allocate liability when accidents occur and driver safety on roads, Munich Re notes.