Underwriting

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.

Carriers looking to apply artificial intelligence and machine learning to business processes should make sure they understand the problem they are trying to solve, say panelists.

CIO Jamie Roser credits the carrier’s quick expansion over its five-year lifespan as a company to its digital strategy centered on a cloud-based core system.

Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap.

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

The firm's hire of Mike Schuster to work on AI may have implications for the small-business insurance platform it partially owns.

Anthony Vidovich takes over the strategic direction of claims for the carrier's general insurance business, encompassing commercial and personal lines.

Business-wide transformation begins with a thorough diagnostic of competitive strengths and challenges that enables leaders to prioritize where they want to start.

Carriers must be careful stewards of data in order to mitigate the impact on consumer privacy, experts say.

Kerry Goff previously served as senior director of infrastructure architecture and engineering for the life insurer.

The life and annuity insurer is banking on accelerated, data-driven underwriting in a strategic shift inspired by the proliferation of insurtech companies in its vertical.

The Iowa-based insurtech mentoring program, directed by Brian Hemesath, welcomes eight nascent companies for its fourth iteration.

Carriers enter the new year with a sense of urgency to deploy faster, higher-impact capabilities aimed at enhancing underwriting, claims and customer interaction, says Aite Group.

Vendor will integrate new claims, billing and distribution management tools into its existing cloud-based platform.

Artificial intelligence continues to be top off mind for insurance carriers, as they work collect new forms of data and interact with customers using smarter digital channels.

incumbent carriers turned to insurgent startups for telematics, big data and health and wellness initiatives, among others.

During a whirlwind year for the industry, readers were captivated by stories of new insurtechs and established players alike transforming the business.

Tom Bolt is charged with helping the company improve pricing decisions using data and analytics.

The insurtech will collect data on driver smartphone interaction, which will be analyzed to predict future underwriting losses.

A November report finds consumers prefer that carriers determine premiums based on driver behavior, rather than traditional factors.