Insurance

Jeff Diem founded the insurtech to fix a problem he encountered as a residential damage contracting estimator: wildly divergent estimates of damage repair costs from contractors and insurance companies.

It can be hard to explain rationally why a digital insurance solution is trusted or not by customers, according to Burr, who is CEO of the iptiQ unit of the insurance company.

The first and fourth-largest home insurers in the Golden State won't issue new policies because of rising construction costs and exposure to catastrophes.

The deal values Amedisys at about $3.29 billion, based on the company's share count.

Automating the intake of unstructured data results in big improvements in efficiency.

Since 2019, there's been an 18% increase in alcohol-impaired fatal crashes, a new study has found. An analysis of traffic violations data can help accurately forecast insurance losses, according to the credit bureau.

The car is transforming rapidly and the opportunities to work with the vehicle ecosystem have never been more straightforward.

It's launching its Risk Exchange platform as a marketplace to connect underwriters with risk capital, including from institutional investors and insurance companies.

Virtual worlds can be a means to reduce risks in property, auto, workers comp and health insurance.

Groundspeed Analytics was seeking to raise venture capital funding when Insurance Quantified made the initial contact.

The best carriers provide agents with the tools that allow prospective customers the option to shop via chat, text and even in-app communications channels.

Baldwin Risk Partners has launched "Centers of Excellence"

For insurance companies, the impacts of biodiversity loss could translate into growing underwriting risks, notably for insurance lines such as flood, crop, liability, life and health.

Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information.

Coalition and Kin Insurance are named as two of the top fintechs this year.

Deepa Soni, EVP and CIO at the Hartford gives the keynote address; Nationwide's embedded partnerships; CSAA on workforce trends.

Liberty Mutual sells everything from property and casualty to life insurance in Spain and Portugal through agents, banks and affiliates, according to its website.

Sessions held throughout Dig-In 2023 with panelists from insurers such as New York Life, Arch Insurance and CSAA Insurance Group discussed the importance of technology in insurance and how to use data effectively.

The top five insurance companies had an average market share of 6.08% as of Q1 2023.