Insurtech

Legacy IT issues, complicated cloud migrations and budget constraints pose major hurdles to AI adoption.

There were about 53 funding events in the insurtech sector in April, according to a review by Digital Insurance.

Half of U.S. states allow the method of marketing to cyber security policyholders and clients, which has potential to reduce the impact of cyber incidents, according to research by The Institute for Security and Technology (IST).

A majority of the insurance industry has strong cybersecurity practices, but is lacking in some areas.

Many AI strategies focus on high-value tasks that provide new business opportunities for agents and brokers.

Discover how artificial intelligence is reshaping commercial insurance, enhancing efficiency, and driving profitability.

Clearwater Analytics acquires Beacon; Earnix buys Gen AI provider, plus more insurtech news.

These insurtechs have used AI to improve their businesses.

Embedded insurance leverages data and tech to offer coverage seamlessly online, meeting customers when and where they need it.

Nick Gerhart, executive VP at the insurer specializing in funeral and end-of-life coverage, spoke about its technology advances, and the role of insurtech on a broader scale in the industry.