Insurance

Services notify insurers of accidents, show drivers data on behavior behind the wheel

Agencies have no choice but to accelerate their digital transformation initiatives.

Undoubtedly, insurers are planning for expected and unexpected events that may disrupt their businesses in the new year.

American Equity rejected the all-cash offer twice, first on Dec. 12 and again on Tuesday, according to a statement, confirming a Bloomberg News report.

As its exclusive insurer, Nationwide will provide coverage, data and education to the many organizations of Adopt a Pet.

Underwriting depends on data, and data—how we source it, how we analyze it, and how we use it—is evolving at an exponential pace.

Alongside extreme weather events, issues like affordability and risk perception contribute to the lack of insurance protection.

Across the sales value chain, insurer executives generally have low satisfaction with digital sales capabilities.

Applying AI technology moves slowly, but has potential to produce more sophisticated insights

Baidu Inc.'s Apollo program, which allows customers to hail and ride a fully autonomous robotaxi, has racked up more than 1.4 million public journeys.

Automaker collecting more varieties of telematics data to better inform insurers' coverage.

The insurance and collision repair industries will see a wider range within the claim and repair mix.

Digital first notice of loss increases overall satisfaction for customers who use those tools.

Life insurance helps replace your income after you die by paying a benefit directly to any beneficiaries you choose, such as your spouse, partner, children or other loved ones. 

Improving data management technology can take routine work off insurers' plates, insurtechs and experts say.

Appraisal and eventual sale on the secondary market of a policy no longer needed can make sense for older clients, says an industry expert.

Progressive will decrease premiums with the AI-based Motive Driver Safety solution.

First-party claims service makes real-time communication possible.

Also: The Hanover's agent tech platform, Descartes Underwriting launches a carrier.

The National Flood Insurance Program is a primary source of flood insurance but Risk Rating 2.0, could change that.