Homeowners insurance

As many as 2.4 million homes are at risk of losing protection in 2021 as year-long grace periods expire – though new disasters may extend their shields. In all, 18% of the state’s households could effectively lose protection, the largest single group since the moratorium law took effect three years ago.

In other news: Amerisure implements One Inc ClaimsPay tech; California drivers report distracted driving is getting worse; HSB adds social media income to home cyber protection.

In other news: Hippo launches Builders Program; handdii wins the 2021 ACORD Insurtech Innovation Challenge New York; Blockchain-backed title insurance launches in five states.

Customers will be able to compare Openly against other insurance agencies on the Policygenius online marketplace.

Smart sensors have the ability to offer insurers risk reduction and long-term return on investment in claims reduction while benefiting millions of homeowners.

The Simplisafe system, including HD camera, water and motion sensors, will be provided with eligible policies at no extra charge.

Insurers’ use of photos and videos for estimation increased during 2020.

Insurtech's chief risk officer is confident that the high-touch infrastructure Hippo has built can adapt in a positive manner to the post-coronavirus era.

Also: Swiss Re implements Majesco, new insurtech launch.

The carriers that use data and customer feedback to improve their products, as opposed to developing an awesome onboarding process or pricing scheme, will delight consumers today and will be ready to take on the challenges of tomorrow.