Capital markets

The star-studded funding round includes money from funds associated with Jay-Z, Kevin Durant and Robert Downey Jr., indicating insurtech's broadening appeal.

Business value is being generated by many startups – and no insurer is going to walk away from that.

Its venture arm is investing in a number of artificial intelligence companies, most recently machine-learning company HyperScience.

The digital giant's involvement with an Indian insurtech doesn't mean it will be selling policies soon, but does give insurers something to think about.

The $724 million in deal volume so far this year is a significant increase from the same period in 2017, say Willis Towers Watson and CB Insights.

The company has signed on with three companies in 2018, seeking early traction and a strong team., says business development VP.

Carriers cite the speed of product development in these programs and the ease of access to dozens of startups in one location as major benefits of these relationships.

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.

The NAIC's three-year plan to adopt emerging technologies and a newly announced focus on distracted driving are sure to catch carriers' eyes.

The cash and companies are flowing in, but there are still only a small number of visible use cases that have made a difference in the industry.

Startups and their carrier and venture capital partners are looking to cooperate to transform the insurance industry, not simply 'disrupt,' says panel.

Carriers’ efforts to nurture startup companies in the region are paying off with increased innovations and deals, according to Willis Towers Watson.

For insurers, thinking of the network of capabilities available in specific geographical areas can provide tangible advantages when it comes to delivering on the promise of major technological advances.

Life insurer announces 'collab 3.0 EMEA,' in search of new products tailored for improved customer engagement, sales and operations.

Carriers are going digital to cut operating costs and break into the younger consumer market, according to a new report from Celent.

More than 75% of fintech executives surveyed in a new report acknowledge their primary business objective is to collaborate with banks and insurance companies.

AI promises to disrupt insurance and to provide major competitive advantage. The result is a flood of investments for leading players.

The life insurer's unit does more than just provide capital to interesting startups; it also serves an innovation nexus in the company.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.