In conjunction with Apple iAd—Apple’s ad service, which is set to launch July 1—the insurer aims to support app developers who exhibit “interesting and relevant” ideas. The app is part of a marketing strategy to support new talent. State Farm took a similar approach with Chicago-bred indie rock outfit OK GO, funding the band’s video “
Younger workers are approaching their careers differently and flexibility, earning potential, plus work-life balance matter more.
Half of insurers are using internally developed AI tools, and 65% are using tools from a vendor or other third party, Versik says.
Carrier AI and tech executives emphasize governance, responsibility for decisions, and human judgment of more complex risks.
As the "Silver Tsunami" drives a wave of retirements, AI-driven tools are redefining how insurers capture and preserve institutional expertise.
Regulators from larger states have more resources, as shown by the ratio of staff per insurer.
Micro-captive insurance plans under the Internal Revenue Code are providing small businesses in California the ability to rebuild faster after wildfires.
