Insurance

Commercial property insurance customers are concerned about climate risk, and most are willing to invest $20,000 or more to increase resilience.

The medical professional liability insurer will implement Origami Risk's SaaS platform for policy, billing and claims processes.

There is a new active approach that promises to revolutionize the workers' comp landscape: artificial intelligence that analyzes workplace video to effectively lower risks, injuries and premiums.

Jason Rosenthal, an Illinois-based attorney at the law firm Much Shelist, spoke with Digital Insurance about the ruling.

Nationwide and Petco news, plus Chubb's StreamLabs launches Scout and more.

While no single weather event caused more than $10 billion in losses for insurers last year, there were 37 thunderstorms that each cost at least $1 billion, according to a report by Aon Plc.

The average insurance premium for EVs jumped to £1,344 ($1,700) at the end of last year, around double the cost of cover for traditional cars, according to UK insurance broker Howden Group Holdings Ltd.

Making payments is the cornerstone of the customer experience in insurance and digital engagement is vital.

Digital Insurance is working on some research around how the industry views the use of AI and its associated risks. 

Insurance companies are likely to upgrade their core insurance management platforms in the next two years, according to research from Novidea.