Artificial intelligence, real-time data and social capital can reverse the fate of individuals, families and communities.

Customers are reporting increasing comfort with carrier’s digital initiatives, including usage-based insurance, according to o J.D. Power.

The coverage can be purchased via an app and covers passengers on all rides they take over 24 hours.

Details are sparse but an announcement says there will be a focus on using tech to drive better outcomes.

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

The move follows earlier investments by the carrier in its website, customer portals and core systems.

AI, automation and data cut cycle times while reducing human intervention in the claims process.

Designed to close protection gaps in China, data-driven product pays off in near-real time after a storm passes through.

As the sector grows, more policyholders are taking advantage of insurers' digital offerings, according to EY survey.

The rise in demand is driven by the Internet of Things, enterprise resource planning integration and a greater focus on the cloud.