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Synchrony Financial bought Pets Best ahead of a pandemic-driven surge in the pet insurance business. Now it's selling the subsidiary for a $750 million after-tax gain.

Tim Francis, enterprise cyber lead at Travelers, spoke with Digital Insurance about cybersecurity and steps businesses can take to reduce potential exposures.

Adjusters across the insurance ecosystem are utilizing digital technology to assess, document and close claims.

Every journey should begin with a test drive of ChatGPT on the road to developing principles, monitoring progress and celebrating success.

Insurance risks are constantly evolving and the latest research from Digital Insurance highlights the factors insurers should be watching in 2024.

Allstate adds a gas finder from GasBuddy and a parking reservation platform using SpotHero.

Atidot, founded in Tel Aviv, applies AI to life insurance policy service and marketing to policyholders, so carriers can better understand customer needs.

The Pipeline, gender consultancy, found that while women made up almost every third executive committee member in the FTSE350 as of July, they tend to be in so-called "functional roles."

The top five states have an average of 417.59 cybersecurity-related searches per month per 100k residents.

The reinsurer is working on how to use Gen AI to support decision-making without letting it fully automate decisions. PwC and others also see claims and customer service applications for the technology.

Arthur J. Gallagher & Co. has been a prolific acquirer, purchasing the insurance brokerages from multiple banks over the last year. Its management has indicated it has another $3.5 billion that it can use for more deals.

As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk of having to foot the bill, according to the Bank for International Settlements.

The same conservative activists who helped gut race-related college admissions at the U.S. Supreme Court have now set their sights on corporate diversity programs

This business, tied to the mortgage origination outlook, is becoming ly attractive for 2024, according to BTIG.

Russell Higginbotham, CEO, Reinsurance Solutions at Swiss Re, shares the ways he sees application of technology to data, risk and communication changing the insurance industry.

Insurers should ask how they can unlock the most value from technology?

Technology is trending in customer relationship management and underwriting capabilities, according to the insurtech CEO

Adopting new technology isn't just about buying and installing software. It's about understanding human behavior.

The unit will pay $48 million to consumers and $12 million to a victims' relief fund.