Commercial lines

Insurtech's technology will power smartphone-based telematics initiative to help score oil and gas drivers.

Insurtech's DriveCam system will be offered to fleet customers of the insurer.

A diverse range of carriers including Travelers and Chubb are deploying internet of things devices to aid customers in several business lines.

A quarter of commercial insurers are now leveraging AI, and other new entrants are picking up steam as well.

Company capitalizes on new connected-device requirements for truckers to roll out program.

The insurers has partnered with Safe Drive Systems on an accident-avoidance pilot.

Many new insurers focused on commercial lines see value in the core systems that incumbent insurers already use.

Carriers are able to leverage delayed flight information to provide customers with various other options of travel, similar to the hospitality online marketplace.

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.

Priorities are notably centered around the insurance agent for growth as well as investments in AI and data analytics.