The application simplifies the claims process for policyholders by providing an intuitive tool to file a claim and submit photos of the damage to their home. In addition to on-the-spot assistance, the application has the ability to locate and provide directions to emergency recovery units. These units will be deployed by Security First Insurance Co. after damaging storms, offering claims processing on site and to answer questions.
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"Solve a problem the industry actually has — and prove people will buy the answer, before you fall in love with building it," Henley says in his advice to other insurtechs.
July 30 -
Insurers, reinsurers and brokers are already predicting increased premiums and bigger losses tied to natural catastrophes.
July 30 -
The property-and-casualty insurance industry is undergoing a major digital transformation with the rise of generative artificial intelligence, writes Abhishek Peter, manager of digital marketing at FECUND Software Services.
July 30FECUND Software Services. -
The rise in infostealer malware and increasingly sophisticated phishing campaigns is compounding the problem for insurers.
July 30
Enzoic -
Insurance has been an underperforming industry that resists tech disruption, according to a McKinsey report. However, insurers are finding the technology enables them to cover more risks, and do so more quickly and readily.
July 30 -
Florida changed how the legal system applies to insurance companies, making it more onerous for homeowners to use the courts to challenge denied claims or low payouts.
July 29





