Insurtech

There were about 57 funding events in the insurtech sector in March, according to a review by Digital Insurance.

The Standard completes the acquisition of Allstate's employer voluntary benefits business for $2 billion, plus more insurtech news.

DORA applies to roughly 22,000 entities in the EU and violators can face fines of up to 2% of gross revenue.

Rigorous underwriting procedures are improving financial performance in this sector.

The most successful advisory practices will blend human and artificial intelligence to create symbiotic relationships that elevate client experiences.

The integration of cell phones into daily life makes mobile engagement a top strategic priority for insurers.

As insurtech adoption grows, three trends are emerging.

Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.

The insurer's AI Working Group set policy for ethical and responsible use of AI, including data handling and managing risk.

IoT technology is changing the face of home-based risks, allowing carriers to be proactive instead of just reactive.