Innovation

A new report from Forrester examines the risks, innovations and technology landscape for insurance.

Technology is enabling the creation of new products to enhance existing services and provide solutions to old problems.

At the recent Most Powerful Women in Banking 2023 event, executives shared their leadership insights for thriving in a constantly changing business environment.

Digital Insurance is fielding its 2024 Predictions survey about technology and issues affecting insurance.

Insurers' tech strategies have expanded but enterprise-level policy administration systems remain a vital backbone.

Application programming interfaces act as intermediaries between back-end systems and technologies.

Digital Insurance has named 15 honorees for this year's Women in Insurance Leadership award and five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. You can find those profiles, here.

Digital Insurance has named five Women in Insurance Leadership: NEXT honorees, recognizing the next generation of leaders who will continue the industry's digital transformation. Additionally, we have 15 honorees for this year's Women in Insurance Leadership award. You can find those profiles, here.

Climate change presents uncertainty for insurance companies but also creates opportunities for technological innovation

Women in Insurance Leadership 2023 honoree finds crowdsourcing approach to insurance product development also has applications for Boston-area charity efforts.

Insurers need to find new ways to grow their business while mitigating the risk of employee burnout.

Jim Ryan, who joined State Farm as an innovation executive at the start of 2023, spoke with Digital Insurance about his ideas for how to innovate technology and operations at the carrier, how telematics will continue to change auto coverage, and how tech advances can reduce risk.

Bestow, Thrivent and Pacific Life all made the list of most-liked carriers in this sector.

If the U.S. and Canada don't develop a coherent framework for regulating the industry, North America risks broader losses to other growing industries, like fintech and artificial intelligence.

The nonprofit will work with the New York State Energy Research and Development Authority to fund innovators for insurance products that tackle climate-related risks.

Future success for insurers largely lies in data and analytics strategy. 

Digital Insurance spoke with Rose Hall, head of innovation for the Americas at AXA XL.

Innovation requires investments of both time and capital.

There are several avenues for insurers and insurtechs to collaborate, including acquisition, investment, software collaborations and more.

Insurance companies that best leverage data-driven technology solutions to predict and understand the intricate morass of new risks will position themselves to succeed.