Distribution

AI has great risks for underwriters but also great potential benefits, according to Randy Paez, chief information officer of Ambac. Paez spoke with Digital Insurance about how to leverage data and integrate AI into insurance operations.

This first part of a three-part series on the meaning and future of "Insurtech 2.0" considers how this buzzword is defined and the evolution of technology in the insurance industry that it represents.

Former RGA and startup executive joined Legal & General America in 2021.

Consumer telematics adoption, which includes programs often intended to provide discount offerings for drivers, was overall stagnant in 2022 after seeing some growth earlier in the year.

The company was founded in 2016 and operated under the name Cloud to Street until rebranding on Thursday,

Digitalization and new emerging technologies will continue to transform the insurance industry, company says.

The platform uses 14 questions plus data provided by the insureds to generate up to four specific quotes. 

Insurers who automate workflows and communication can get ahead of the curve, compete more effectively and thrive

Small business insurer adds to cyber coverage with broader tech-enabled fraud policies accessible through API provider.

Younger people perceive their risk acutely, and react in similar ways despite their income level.

Agencies are exploring new channel partners in the distribution ecosystem.

The insurance will initially roll out, sometime in the next year, in Africa.