Hartford, Conn.-based The Hartford Fire Insurance Co. (The Hartford) licensed a policy administration system, from Chester, Pa.-based AdminServer Inc., to further strengthen the company's growing technology platform. According to AdminServer, it worked closely with The Hartford to ensure the AdminServer platform aligned with the company's strategic direction and comprehensive processing requirements. AdminServer's system includes a rules-based engine that enables clients to define complex and comprehensive products while minimizing program changes.
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Automation and AI offer ways to tailor the shopping and management experience, but the digital interaction must be balanced with human support.
October 16WoodmenLife -
Consumer-facing applications like chatbots and personalized product recommendations make interactions faster, more tailored and more transparent.
October 16TheZebra.com -
Stand Insurance has raised $35 million in a Series B funding round to expand its artificial intelligence-powered coverage for homeowners.
October 16 -
Jay Koh, a private equity veteran and former Carlyle Group Inc. executive, says investors should be paying a lot more attention to the new economy forming around extreme weather.
October 16 -
AI is transforming every aspect of insurance from claims to underwriting, allowing carriers to personalize policies to customers' needs.
October 15Newgen Software -
Preliminary insured losses for the first nine months of 2025 already stand at about $105 billion, according to a report Wednesday by Gallagher Re.
October 15