Commercial banking

The top ten insurtech deals in the property and casualty market brought in roughly $800 million in funding for the first three months of 2025.

Zywave's loss data reveals the median loss over $1 million grew from about $2.5 million in 2012 to nearly $5.4 million in 2024.

In an interview following remarks at Insurtech Insights, Sarah Jacobs, a product executive at Nationwide, said lowering costs is the first step to transform insurance's value proposition.

Because of its soil and its status as the world's fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region's potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.

(Bloomberg) --California's insurance regulator has launched a formal investigation into State Farm's handling of claims related to January's Los Angeles wildfires, after groups of survivors complained that the process could lead to confusion and delayed payouts.

Markus Infanger is the senior vice president of RippleX.

Pet insurance needs to do more than reimburse. It must actively support pet owners in predicting problems and delivering real-time value.

Insurers that invest in modernizing how funds are held, moved, and monitored will be the best positioned.

The insurance industry is seeing a disproportionate increase in liability claims compared to a rise in general inflation.

There were about 48 funding events in the insurtech sector in May, according to a review by Digital Insurance.

Brian Feeley is Senior Vice President of Marketing for Corporate Synergies and provides messaging on the firm's ability to deliver unique services focused on group employee benefits and P&C insurance. He leads a skilled in-house marketing and communications team focused on client education and industry thought leadership.

In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.

Tech isn't a replacement for strategy or a substitute for process design. And it won't deliver results without the right people behind it.

Todd Greenbaum is the President and CEO of Input 1, a leading insurance technology provider. With more than 40 years of experience, he is a recognized expert in digital transformation and insurtech innovation. Under his leadership, Input 1 currently manages $16B+ in annual premiums and serves +two million users.

Craig Walker is Head of Product Strategy at Digits, where he's helping to reimagine accounting in the age of AI. A seasoned industry leader, Craig was co-founder and founding CTO for online accounting and small business software, Xero. Craig is bringing that experience to building the next generation of accounting software in Digits.

Dr. David A. Wood is passionate about understanding new technologies and implementing them into the curriculum of Brigham Young University, where he works as the Glenn D. Ardis professor of accounting. He has published over 200 articles in a combination of respected academic and practitioner journals, monographs, books, and cases, including a recently released book on AI titled, "Rewiring your Mind for AI: How to Think, Work, and Thrive in the Age of Intelligence". He has helped companies and organizations around the world learn about and implement GenAI and other tech topics. He was previously named by Accounting Today as one of the 100 most influential people in accounting. He is a cocreator of a free generative AI governance framework (see http://genai.global/), and of two companies related to GenAI training and reviewing Excel workpapers (http://skillabyte.com/ and https://hiddenhawkai.com/).

Dr. Becca Baaske is an Assistant Professor of Accounting in the Sykes College of Business at the University of Tampa. She brings practical experience from both public accounting, having worked as an auditor at PwC Chicago, and corporate accounting, where she served as staff at the former John Marshall Law School. Her research primarily contributes to the auditing and accounting information systems (AIS) judgment and decision-making literature, with a focus on experimental methodology. Specifically, much of her work examines how auditors may overlook risks or audit issues due to insufficient skill sets related to data or limitations in skeptical cognitive processing. Additionally, she contributes to the accounting education literature, exploring topics such as motivation, learning, and initiatives aimed at strengthening the accounting pipeline. She has published in academic journals such as Auditing: A Journal of Practice & Theory, Journal of Information Systems, and Accounting Horizons. 

Uber sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida.