Special Program Root Tag

The founding members include three insurtechs that are focused on developing standards related to the use of AI within the insurance industry.

We surveyed 83 professionals at insurers, TPAs, agencies/brokerages and reinsurers to find out their tech agenda for this year, including investment plans, tech priorities and thoughts on transformational tools. Here's what we found out.

Much of MGAs' success can be attributed to how versatile they can be.

Banks are holding their fintech partners to a higher compliance standard as regulatory scrutiny of banking-as-a-service increases.

AI-powered catastrophe and risk models use varied sources, including aerial imagery.

It can eliminate geographical barriers and allow teams to access and share data more freely.

The talent shortage in the insurance industry is real. But Martinelli says recruiting and retaining young workers is not impossible.

Agency networks and associations provide benefits historically harder to come by as a standalone business or agency.

The senior data scientist shares about his work in identifying demographic bias in machine learning models.

Kim shares with Digital Insurance her take on what is happening in the insurtech space in terms of venture capital funding and the impact of the climate crisis on digital solutions.

The insurance industry is trying to attract and retain a younger workforce as many insurance companies are facing an aging employee demographic. Insurers are working to diversify as people of color in the industry are still underrepresented and tapping into educational opportunities to create a direct talent pipeline.

Gen Z values employers with advanced technology solutions and remote work options.

The industry may want to build its own large language model.

Since 2020, the number of properties it insures has tripled to almost 1.4 million. Citizens estimates it may add another 300,000 by the end of the year

Colleges and universities are partnering with insurance carriers to offer insurtech, insurance and risk management programs.

He shares how new technologies like machine learning and AI are shaking up the industry and the role of insurance agents.

Total global insured losses from natural catastrophes were about $50 billion from January through June.

The release of two malicious language models — WormGPT and FraudGPT — demonstrate attackers' evolving capability to harness language models for criminal activities.

Putting the pressure on employees to return to the office could cost financial companies their leadership.

Carriers are building a talent pipeline through university programs and mentorships with partnered universities.