Insurtech

Startup launched in 2023 with Loss Scan, an AI-based product that organizes and presents loss run data, helping agents and carriers identify insureds with risks they can cover.

Travelers annual survey of 1,200 business executives found that 62% were most concerned by cybersecurity risks, and more businesses are getting cyber insurance coverage.

Rapidly changing technology and evolving customer expectations highlight the need for insurer and insurtech partnerships.

Insurers are adding artificial intelligence to streamline processes including claims and underwriting, while also combating fraud.

USAA, MMG Insurance and Munich Re executives spoke about these insurers' efforts to model risk and use data proactively to serve policyholders and prevent bias.

The use of telematics allows auto insurers to tailor policies and pricing to customers based on their driving habits.

Creating and validating an accurate database involves data verification, data cleansing and quality checks.

Embedded insurance enables insurers to engage with evolving markets and capture unique risk profiles.

The top three largest deals had an average round amount of $117 million.

Equisoft's Brian Carey shares the impact of technology on underwriting and the customer experience in the life insurance space.