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The Japanese company that has been aggressively supporting insurance startups is pushing values too high, some fear.

Carriers who develop internal innovation capabilities can outrun disruptors thanks to industry knowledge and information resources.

Insurance payments will increase by double-digit percentages for Obamacare plans in most states next year.

Biometric and mobile technology offer carriers opportunities to engage customers more often and with more value.

Several top colleges and universities are offering courses and concentrations in applying data to the sector.

CDPs enable reliable and standardized data to inform consistent, data-driven customer engagements, which is where data becomes information.

Insurers can expect to receive a lot of update requests during the claims process, and should turn to AI to process them efficiently.

The industry is not just building for prime, low-risk, high-end customers: The more sustainable value comes from a little bit of revenue from a lot of customers.

Innovation teams understand that the connected world is evolving rapidly, and that competition is coming from industry newcomers as well as incumbents.

Four out of five employees surveyed see significant opportunity for AI to create a more engaging and empowering workplace.

Bruce Gifford is selected for the role after serving in the P&C carrier's actuarial department since 2009.

We have seen solutions with a specific focus are easier to utilize in practice than general solutions that look to leverage an emerging technology for multiple use cases.

The former Esurance VP says incumbent carriers have an advantage in underwriting expertise and should explore emerging technologies to boost that.

Despite being the number one investment priority of CIOs today, few say they have reached a level of maturity in their data management efforts.

Insurers have been divided on the plans, with some insurers already offering them, while others worry they could undermine the ACA’s individual market.

Skill shortages, funding issues and other structural problems hamper efforts to modernize systems and processes for insurance companies.

The application, developed with Cambridge Mobile Telematics, is the latest example of carriers turning to telematics to thwart distracted driving.

For small to mid-sized insurers, moving to a cloud-based environment and embracing automation is unfamiliar territory that requires confidence in vendors.

Carriers are transitioning to a 'channelless' experience, where onboarding and service can begin and end at different touchpoints.

Incumbent insurers are becoming more active than ever in the insurtech sector, defining its path.