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Blockchain may well become foundational to the business world and pervasive in insurance, but it is likely to evolve gradually over the next decade.

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.

The startup hub will operate as a standalone division of Fintech Australia, a local incubator founded in 2015.

The insurer's arrangement with the University of Illinois at Urbana-Champaign will have students working on mobile apps and more.

Eliminating the Obamacare component is seen as a way to pay for tax cuts, but its removal could cause instability in the health insurance market.

The business unit, created last year, leverages data science and extensive third-party data to price small business risk.

Artificial intelligence, the IoT, cloud computing and cryptocurrencies are among the technologies that will dominate new IT investments, according to the researcher.

Some 82 percent of companies have experienced at least one unplanned systems outage over the past three years, which lasted an average of four hours.

Individual state guidelines, dating back as far as the 1800s, cater to old paper-driven market, not a digital world where insurtechs produce data in real-time, says former NAIC president.

The new tool, LifeLink, leverages cloud communications and data analytics to connect users with 911 dispatchers

Optimism about the value of AI-powered applications in the enterprise is high and plans to continue investment in the technology are widespread, a new study reveals.

The $312 million invested in the past quarter follows an outlying peak in Q2, but still illustrates a year-long trend of gradual average increases.

Among selection of 9 emerging companies are several taking advantage of data from devices.

While keeping up with regulatory changes remains a big challenge, insurers are focused on cybersecurity and IT risk at high levels.

Australian insurer will leverage startup's machine learning platform to automate commercial underwriting.

Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger.

Policyholders like what digitally focused entrants have to offer, but are more likely to trust established players.

Solaria Labs has helped the insurer bring new ideas to market that impact all corners of its business, says innovation VP.

Organizations are rapidly adopting the technology to drive business opportunities, but the pool of experienced workers remains limited for the moment.

Companies are looking for tighter bonds with their customers, and insurance companies have lots of information to offer.