Insurtech

AIG has pulled away from writing some business in California, while other insurers have taken similar steps in that state as well as in Florida.

Insurtech founded in 2018 uses AI to evaluate small businesses' risk, making it possible for them to get coverage from top carriers.

Mind Foundry has raised $22 million in funding, the latest sign of growing demand to deploy AI.

A representative for Bolttech declined to comment.

How does mentorship yield dividends for leading a major carrier's technology efforts?

As technology advances, risk assessment becomes increasingly complex and requires more advanced techniques.

As the insurance industry undergoes digital transformation, it has a unique opportunity to integrate diversity, equity and inclusion into its structure.

Insurtechs able to optimize the explosion of better data to accurately model and price risk, will become a vital link in the fight against climate change.

Digital Insurance is fielding its 2024 Predictions survey about technology and issues affecting insurance.

In other news: Markel names head of cargo and Aspida appoints CIO.