Insurance

By freeing associates to exercise higher-level judgment, Gen AI could make a 'bionic enterprise' possible, Nationwide's CTO says.

Frequent federal budget impasses increase insurance concerns and threaten to jack up financing costs that are already straining lenders.

With personal auto insurance rates increasing across the country, drivers are seeking ways to manage costs for mandatory insurance.

UBI and telematics program information from the top auto insurers.

The market could find out next year how well foreclosure prevention innovations and home equity protect borrowers from growing strains on affordability.

Capco predicts a greater emphasis on collaboration between insurers and the DOI to ensure ongoing coverage for policyholders as the DOI will take on additional governance and responsibilities when partnering with insurers to protect insured individuals.

Insurers can help companies to develop risk management plans, conduct compliance audits, and provide training on relevant regulations.

A new report from Forrester examines the risks, innovations and technology landscape for insurance.

Proceeds from the sale provide the bank with "flexibility to evaluate and pursue various strategic initiatives to redeploy capital in support of our core banking business," Evans CEO David Nasca said.

Global insurtech funding increased from about $917 million in the second quarter of this year to about $1.1 billion in the third quarter.

The top three companies have combined net premiums written of more than $53 billion.

In a report published Monday, the International Association of Insurance Supervisors outlined key areas where supervisors can help improve the affordability, availability and uptake of insurance against natural disasters.

More news: Markel appoints digital and portfolio executive in distribution strategies and business development.

Climate change is driving an increasing reliance on electric vehicles and the means to charge them.

Adam Fox, MassMutual's head of distribution technology & data science, spoke with Digital Insurance about the main objectives of its Health and Wellness Program.

Leveraging telematics can improve risk assessments, streamline operations and improve fleet safety.

As insurers automate more aspects of the insurance experience, it expands how services are provided and priced for policyholders.

There were about 50 funding events in the insurtech sector in October, according to a review by Digital Insurance.

The first step: every agency needs a disaster plan which outlines a course of action if an event occurs. Owners should identify the most likely disasters and determine key steps to take. Will employees evacuate or stay put? How will they communicate with customers? How can they begin working again?

By capturing employee attention with popular benefits, employers can piggyback communication about the most valuable enhancements for their workforce.