Insurance

Satellite technologies are leading the way in mitigating the mounting threats posed by climate change.

Digital Insurance spoke with Hareem Naveed, associate vice president of integrated analytics at Munich Re Life, about the ethical application of artificial intelligence in life insurance.

The emerging opportunities and risks of AI in our industry.

Howard Altschule, CEO of Forensic Weather Consultants discusses the current hurricane season and how technology is changing the ability to predict weather events.  

Insurance sector must foster innovation to ignite behavioral and buying changes to safeguard elderly individuals from financial insecurity.

Digital Insurance recently surveyed insurers, brokers and adjusters about the technology they're using in the claims space, and we'll share those insights.

Roughly 13% of homeowners in the top state are uninsured.

The Congressional Budget Office acknowledged limitations in its research of expected flood damage data.

More than 7 million homes in the US are already exposed to fire risk, a figure seen climbing to nearly 13 million over the next 30 years, according to a 2022 study.

Given the vast amounts of information collected and utilized by carriers, they are increasingly functioning as data firms and transforming more traditional practices.

The agency is stretched thin with a record number of billion-dollar catastrophes and a mission that's expanded to cover Covid-19 and the migrant care crisis.

What steps can be taken to successfully navigate through this difficult, complex market?

Department of Labor announced a settlement with Unum Life Insurance and four insurers sue Norfolk Southern, plus more legal news.

Powered by insurance technology, traditional barriers are fading as insurers converge in a collaborative digital landscape.

Climate change has brought an increase of more severe natural disasters, causing many insurers to change their processes and policies.

Speaking at a June 26 public hearing on California's Sustainable Insurance Strategy, insurers pushed for accelerated wildfire model reviews and called the proposal unsustainable, while consumer advocates and others supported more transparency in its models.

Insurers are introducing AI-driven technology and historical data analysis to combat the costly impacts of climate risks.

Zurich and Aon launch clean energy insurance facility and Mercury expands virtual home inspections, plus other insurtech news.

Using data & AI to drive transformation in the P&C insurance industry.

There were about 40 funding events in the insurtech sector in June, according to a review by Digital Insurance.