Insurance

New products can help insurtechs stand out from the competition and boost profit margins. Successful distribution, though, requires a strategy.

The industry’s reliance on historical loss data and traditional catastrophe models is limiting its understanding of future climate risks.

Why are companies outsourcing today? The simple answer: there’s a massive shortage of talent.

Ford partners with Wejo in Europe and Insurtech NY opens applications for its third accelerator class.

Customers look to the app for swapping cars, financing, insurance, warranties and paying parking tickets.

Startup pursues mission of accurately underwriting life insurance, getting more of the public to get policies.

The industry will increasingly harness data to meet the growing expectations and demands of switched-on consumers.

In other news: Appointments at Acrisure, Marsh and Tokio Marine Highland.

Insurers have closed shop in Louisiana and Florida, leaving in the lurch thousands of homeowners.

The IMA Labs arm of IMA Financial Group is selective in its choices of insurtechs to back, with rigorous evaluations

A real-world use case for AI and ML is leveraging it to analyze and extract insights from unstructured data.

An insurtech that uses AI and machine learning analytics to streamline the underwriting process in commercial auto.

Uber and Lyft Inc. are on the hook to show progress toward achieving their goal of switching entirely to EVs in Europe and North America by 2030.

Lawmakers on the Senate Banking Committee voiced some scattered support for changes to improve the finances of the National Flood Insurance Program, but comprehensive reform appears out of reach. 

Tornado damage can leave lasting financial burdens on the homeowners they affect.

Drivers who dropped coverage or were underinsured can get more choices of carriers and levels of coverage.

Hippo expands to Massachusetts; Jet Insurance offers pay-as-you-go surety bonds.

The new DriveWell Messaging platform provides automated customer engagement to improve driver retention and roadway safety.

Liberty Mutual and Safeco’s 2022 Agency Growth Study surveyed independent agents and found that 56% planned to be back in the office full-time.

Success in analytics isn't the only thing separating digitized competitors from the pack.