Insurance

With market growth for usage-based insurance plateauing, parents of teen drivers and the elderly offer new avenues for carriers to leverage for a much-needed lift in business, according to a study by LexisNexis Risk Solutions.

Thousands of would-be drone pilots are racing to get licensed under new U.S. regulations that have opened an aerial stampede.

Strategy Meets Action and the Silicon Valley Insurance Accelerator offer guidance for insurers looking to refine their digital channel strategies.

The level of property and casualty cover taken out by Italians is among the lowest of the industrialized countries.

The state's largest workers' compensation provider implements a new cloud-based tool to cut processing costs.

The insurer of last resort needed a cost-effective way to improve service levels, digitize and modernize internal processes and ensure that customer information and case files were secure and easy to access

The venture capital firm’s managing partner Tom Hutton will also join Lemonade’s executive board.

KPMB and CB Insights revealed the top-invested insurance technology companies so far this year.

The reality is the market for core system replacements is shrinking.

The U.K. auto insurer is eliminating manual processes and cracking down on avoidable phone communication with customers.

The insurer's new order-entry platform is scheduled to launch this fall.

The carrier says that its agent population will benefit from being able to offer the new capability as a component of its workers' compensation products.

Entire states such as South Carolina and Alabama may be down to one insurance option on the Affordable Care Act's exchanges.

The company will implement iPipeline's iGO in an accelerated model in order to meet distributors' needs.

A hot market in insurance technology vendor M&A can be attributed to core systems players looking to branch out, experts say.

The company's mobile app allows drone enthusiasts to buy coverage right before a flight starts.

Scott St. John will lead the insurer's claims operations effective Aug. 22.

The company has adopted three components of the vendor's suite.

The broker will use Instec technology to process homeowners insurance.

Low consumer adoption and a lack of data standards around smart devices mean home insurers are taking a slow approach to integrating the technology into their products.