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The second year of the worldwide competition brings eight regional finalists from four regions.

Companies will work to develop claims automation platform for home leaks.

The program is built with an SDK from the startup Sensely.

Sami will try to compete with major rivals such as UnitedHealth Group Inc., whose Amil unit in Brazil is one of the nation’s biggest health insurers by number of clients.

The goal of every claims organization has been and will remain quickly adjusting a claim at a low cost with high levels of customer satisfaction.

Also: Fabric's new CMO, telematics in Utah.

There is a tug-of-war between AI for transformational purposes and AI for tactical purposes.

Company uses AI to assess insurability of phones at any age.

Metromile says the coronavirus pandemic has increased customer interest in its product, with squeezed consumers looking for ways to reduce their costs.

The startups will work closely with 18 member corporations to establish proofs of concept and partnerships.

Also: Swiss Re implements Majesco, new insurtech launch.

The trend toward accelerating digital interaction development is happening, but it's not coming with a lift in financial resources.

Also: CSAA launches sharing economy unit Mobilitas, and more

The industry has long talked about embracing digital technology — but the time for talk may be over.

The best way for insurers to maintain business continuity and thrive on the other side of current crisis is by getting smarter about people, processes and content.

The 23 rounds of more than $10 million is indicative of a noted shift toward mature companies.

As carriers, distributors, service providers and insurtechs consider how to adapt these initial pandemic responses into long-term strategies, we see heightened interest from investors to provide strategic support.