Industries

The industry will increasingly harness data to meet the growing expectations and demands of switched-on consumers.

An insurtech that uses AI and machine learning analytics to streamline the underwriting process in commercial auto.

Uber and Lyft Inc. are on the hook to show progress toward achieving their goal of switching entirely to EVs in Europe and North America by 2030.

Drivers who dropped coverage or were underinsured can get more choices of carriers and levels of coverage.

Aviation faces significant challenges that are affecting rates and challenges attracting and retaining highly skilled talent.

Munich Re partners with ERGO, in-tech and others to launch the Mobility Technology Center.

Munich Re's HSB to offer customers a digitized equipment maintenance platform.

The insurance offering is currently available in just eight states.

Customers can purchase telematics devices and dash cameras through Razor Tracking.

16 lawmakers issued letters to more than a dozen insurance companies, including American International Group Inc., Berkshire Hathaway Specialty Insurance Co. and Chubb Ltd.

Some states have begun using the technology or are considering it to find uninsured drivers.

Cambridge Mobile Telematics research has shown that the right type of insurance telematics programs can help maintain and even improve safe driving behaviors.

Only 24 states have such laws in place but there is legislation in the works in 21 others.

Nationwide, Travelers discuss the epidemic and possible mitigation efforts insurers can lead.

Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects.

Battery-powered cars and trucks tend to be far heavier than their gas-burning counterparts. That extra bulk translates into a mixed bag of benefits and concerns.

The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure on Vladimir Putin’s regime.

Digitizing the salvage process can enable faster settlement of claims, improve insurers’ NPS scores and lower vehicle storage costs.

Keeping track of frequent changes to homes has become a complex issue for many insurers. With limited resources and rising customer expectations, many insurers are moving beyond traditional forms of customer outreach – emails, phone calls, and on-site inspections— to obtain the latest underwriting data about the properties in their portfolio.

Lessors of planes stuck in Russia since the onset of sanctions have warned insurers of possible claims to come if the jets aren’t returned. Insurers, meanwhile, are canceling some policies, including for war risk, and may challenge claims on coverage still in force, industry participants say.