Insurtech

Shane Riedman, president of anti-fraud analytics at Verisk, will help carriers identify what data can be found on social sites and how it can help make underwriting more accurate.

7Analytics, founded in Norway in 2020, focuses on specific high-resolution land and building images and data for sophisticated conclusions about flood risks.

Raju Seetharaman, CTO of the U.S. unit of the U.K.-based financial services and life insurance firm, is bringing experience gained with the parent company to expand based on digital transformation of its technology.

Average repair cycle time for claims is down, but the average repair cost and premiums have increased, according to the 2024 U.S. Auto Claims Satisfaction Study.

Gaya, co-founded by two Stanford business school graduates, pivoted through two related ideas before arriving at a data auto-fill product serving insurance carriers.

Lincoln Financial appoints new EVP, CIO and Chubb announces North America business unit lead, plus more career moves.

Investors and insurtech professionals share their insights and predictions for next year at the 2024 ITC Las Vegas Conference.

Chloé Paillot, chief transaction actuary at Enstar, leads the team that evaluates client transactions in the legacy space, a specialty that gets rid of risky businesses for insurers and insurtechs through facilitating capital, offloading risk and finding reinsurance.

Former astronaut Scott Kelly discussed the importance of teamwork and continuing to strive to do the impossible.

Prudential-backed start-up uses AI technology to advise life insurance clients about medical care costs, addressing "sandwich" generation concerns.

Embedded insurance provides a seamless integration of coverage, but legacy systems can make adoption harder for some carriers.

There were about 58 funding events in the insurtech sector in September, according to a review by Digital Insurance.

The three largest unicorns had an average valuation of more than $9 billion, according to CB Insights.

AI-based customer service technology company provides insurers with more sophisticated assessment of claimants needs and how to serve them.

As carriers get more experience with implementing new AI technology, they are becoming proactive about meeting regulation and ethics standards before outside forces impose them.

In this compilation of top matters affecting the insurance landscape, Nationwide and other insurance agencies further explore artificial intelligence, and experts offer tips on preparing for hurricane season and more.

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.