Innovation

Working together with new incumbents, customers and internal employees is a trend we will see take off.

Insurers need to rethink their approach to innovation, which is a complex, company-wide endeavor.

In partnership with Rev1 Ventures, the P&C insurer's three-year-old innovation organization has already deployed several transformative offerings.

Darrius Jones is the new senior vice president of enterprise digital, design and innovation.

Digital Insurance spoke with Dan Campany, vice president of innovation and head of IoT at The Hartford.

Erie Strategic Ventures will primarily focus on early-stage North American-based companies.

Ecosystems, sustainability and workforce transformation were the main topics of the EY 2022 Global Insurance Outlook, which comes out in January 2022. It’s important to understand how digital transformation is uniquely related to each of those topics.

At this point in the insurance sector’s lifecycle, change is inevitable. Now more than ever, especially with the rise of technology and insurtechs, competition in the space is cutthroat. And that is why first and cheap are no longer going to cut it.

Despite decades of corporate talk and experimentation, digitization strategies remain largely piecemeal, unfocused, and ineffective. Is change finally coming?

It’s been a great reminder to me that the industry can be stretched and challenged in a number of ways, and that it may require more of this type of risk taking at a micro scale in order to better manage the macro risks we all face.

The commercial and personal lines P&C subsidiary of Cincinnati Financial gained the JobsOhio Grant by promising to grow its insurtech R&D operations.

The insurer repurposed a former theater for its new ideation site.

Advice from the Apple co-founder at Dig | In on how to create successful products, why he craves privacy and why companies should value engineers and inventors.