Insurance

There were about 20 funding events in the insurtech sector in December, according to a review by Digital Insurance.

A partnership between life insurer and fintech have introduced an embedded micro life insurance product for underinsured individuals.

Banks' sales of insurance agencies for eye-popping multiples emerged as one 2023's notable trends. Though the bandwagon shows no sign of slowing, several prominent community banks appear to be holding on to their insurance operations.

Digital Insurance curated a list of our top Q&As with insurance executives for the year.

The top five states have an average rate of uninsured drivers of 4.3%.

Banks large and small are selling some or all of their insurance subsidiaries, enticed by the high prices they're being offered. Here's a rundown of the deals that were struck in 2023.

Exploring ways organizations should review, evaluate, and improve deadly weapon incident prevention and response plans and resources.

Digital Insurance reached out to insurance professionals about property and casualty trends to expect next year.

Cover has now surged to about 0.5% of the value of a ship's hull, according to three people involved in the market.

NFP Chief Executive Officer Doug Hammond will continue to lead the business as an independent, connected platform within Aon, reporting to Aon President Eric Andersen.

Responses from insurance professionals about insurtech related trends and uses for next year. 

The rise of online shopping during the holidays increases the prevalence of unlicensed shipping insurance and merchants must ensure any coverage offered follows regulatory requirements.

Engineers at the company are racing to make changes to algorithms on the device that measure a user's blood oxygen level — a feature that Masimo Corp. has argued infringes its patents.

The deal with landlord Ping An Insurance Group grants Lloyd's an option to stay until 2040, but also involves a commitment to invest in reducing the Grade I-listed building's energy footprint, the Financial Times reported.

The top five states have an average rate of uninsured drivers of 24.42%.

Now in his second year with GNY (Greater New York Mutual) Insurance Companies, CIO Vasudevan Veeraraghavan is leading a digital transformation of the insurer's data management to support decision making.

Life insurers are embarking on a digital transformation journey to leverage data technology.

Gen AI is particularly useful to search, generate, classify, cluster, and summarize information as well as extract valuable data and insights which could prove useful in the claims process.

Markel, Chubb, W.R. Berkley, Central Insurance and Ascot Group appointments.

Research from Deloitte and Gamma Iota Sigma reveal insights to help shape recruiting strategies.