Digital distribution

The company is accelerating what it's been doing over the past four years to meet rapidly changing customer needs, says Ken Solon

Credit Karma worked with Zendrive to build driver scoring capabilities into its financial planning app, and Progressive will get the first referrals.

Through its “Partnership Platform,” launched in August, companies interested in leveraging the insurer’s products and brand have a streamlined way to pitch their ideas and begin a relationship.

Carriers who succeed will have found ways to harness their customer-interactions and data to optimize product pricing and features to address customer need.

The Insuramatch unit offers coverage for auto, home, boat, motorcycle, renters, umbrella and flood, among others.

According to research from Life Happens, 67 percent of Americans say the pandemic has been a wake-up call for them to examine their finances – and to look into life insurance.

Also: Travelers exec moves to ClarionDoor, more.

Also: Bestow API, Coverhound acquired.

Depending on how you count it, there are at least eight different models for distribution in P&C, and variations within each of those.

Amid increased work from home during the coronavirus pandemic, new product to launch with multichannel distribution.

I see the insurance industry going through many of the same challenges that we faced early on in e-commerce.

The program is built with an SDK from the startup Sensely.

Policyholders’ willingness to buy insurance from technology companies has increased from 2016 to 2020.

Also: Virtual home inspections for social-distancing compliance, digitalizing D&O wholesaling, more.

Also: The Philadelphia Contributionship leveraging Cape Analytics, Jewelers Mutual's new digital platform.

A focus on online acquisition for early entries into new markets will support agents down the road, says personal lines president Keith Daly.

Toronto-based company recently raised $3.5 million in seed funding for commercial insurance platform.

The new product operates in largely the same way as the company's signature offerings.

When coronavirus began causing many small businesses to view annual liability policies as burdensome, Hiscox hatched the distribution pilot idea to gauge appetite for short-term coverage.

Platform co-developed by carrier and tech company aims to help rebuild small-business books.