Insurtech

Berkshire Hathaway Homestate Companies names SVP, chief underwriting and analytics officer and Lincoln Financial Group Names James Reid executive vice president, head of workplace solutions.

The insurtech has digitally transformed the insurance process with its all-inclusive platform.

The professional employee organization had the solution provider’s tech up and running in a couple hours

Global funding to startups fell 23% in the the second quarter from the first, to $108.5 billion, according to a recent report from CB Insights.

The push comes from the available technology and customer desire. Younger customers, especially, want services via digital platforms.

Ranger, a personal insurance startup, is promising to revolutionize the way agents connect with consumers by creating a digital platform for agents to advise and connect with clients.

New products can help insurtechs stand out from the competition and boost profit margins. Successful distribution, though, requires a strategy.

The funds will be put toward expanding into new markets -- including the Netherlands, France, Spain and the UK -- and building out the platform, Wefox said.

Digital Insurance spoke with Sherriff Balogun, head of platform transformation at MassMutual.

The insurtech has launched technology that proactively detects and mitigates boating risks.