Insurtech

The UN Environment Programme, which convened NZIA two years ago, said Wednesday in a statement that NZIA members will no longer be obligated to set or publish targets.

Jim Ryan, who joined State Farm as an innovation executive at the start of 2023, spoke with Digital Insurance about his ideas for how to innovate technology and operations at the carrier, how telematics will continue to change auto coverage, and how tech advances can reduce risk.

By digitizing the payout process, insurers empower claimants to choose how money is received.

Bestow, Thrivent and Pacific Life all made the list of most-liked carriers in this sector.

There were more than 30 funding events in the insurtech sector between June 1 and June 30, 2023, according to a review by Digital Insurance.

Having first focused on pet insurance, the seven-year-old firm has since expanded into parcel, fire, home and health products. It also insures digital assets from hacking and malware and theft.

Predictive models are a tool to address a business problem, not a solution.

Jeff Diem founded the insurtech to fix a problem he encountered as a residential damage contracting estimator: wildly divergent estimates of damage repair costs from contractors and insurance companies.

It can be hard to explain rationally why a digital insurance solution is trusted or not by customers, according to Burr, who is CEO of the iptiQ unit of the insurance company.

Digital Insurance spoke with Kieran Stack, head of delivery excellence and insurance operations at Aon.

US lawmakers on Thursday questioned how new rules for artificial intelligence can protect against the technology's risks without reinforcing the early advantages enjoyed by tech giants such as Microsoft and Google.

Issues behind insurers developing their own software or deciding to purchase an external solution and the pitfalls of both paths.

Virtual worlds can be a means to reduce risks in property, auto, workers comp and health insurance.

Groundspeed Analytics was seeking to raise venture capital funding when Insurance Quantified made the initial contact.

The best carriers provide agents with the tools that allow prospective customers the option to shop via chat, text and even in-app communications channels.

Baldwin Risk Partners has launched "Centers of Excellence"

Grand Rapids, Michigan-based Acrisure is expected to be valued at well over $20 billion in an initial public offering, the people said, asking not to be identified discussing confidential information.

Coalition and Kin Insurance are named as two of the top fintechs this year.

And more career moves.

Embracing remote work and providing access to online training resources and professional development opportunities can attract high-caliber individuals.