Claims

The usage-based insurance startup believes that driving frequency is a crucial data point for carriers.

Carrier will offer all policy services, from quoting to claims, completely online via its customer portals.

The insurtech intends to make its cloud-based distribution platform available to carriers globally.

New products announced by startups this week show companies expanding their portfolios to manage more kinds of risk.

In the wake of hurricanes Irma and Harvey, insurers need to use all tools at their disposal to ensure risks are covered adequately.

Most of Florida will face hurricane-force winds as the storm cuts a path through the peninsula into Georgia.

Modeling and experimentation are common across the industry, but nothing replaces the value of real-world events, says IBHS president and CEO Julie Rochman.

Insurers' investments in technologies to settle claims faster and with more accuracy are answering the bell of massive storms.

Florida property insurer has opened satellite office in Atlanta and is distributing VOIP devices to ensure uninterrupted service.

Company CTO has successfully replaced four legacy systems without failure, bucking industry trends.

But with a variety of software for reinsurance claims management increasingly available, that may be changing.

Attracting workers with these skills is becoming an imperative for carriers, which are trying to fill a number other tech-related jobs.

Captured images from planes are run through the insurer's analytics software to reimburse policyholders on flooded automobiles.

The insurer has deployed an army of adjusters and UAVs in the storm’s wake.

With more powerful tools on the way, new technologies are already improving hurricane risk and claims management.

With data warehouses and modern reporting tools, insurers are better equipped to understand the impact of the catastrophes.

Brokers warn low portions of Harvey’s costs will be covered by insurers because regular homeowners’ policies don’t include flood damage.

The units allow the insurer to quickly move into devastated areas and service policyholders.

Insurers deploying drones, accessing mobile uploads and analyzing weather data to ensure proper settlement.

Harvey’s cost by one estimate could mount to $30 billion when including the impact of flooding on the labor force, power grid, transportation and other elements.