Investments

Life & annuity carriers have had valuable opportunities to learn about new technologies, and not necessarily from their own mistakes.

Startups and their carrier and venture capital partners are looking to cooperate to transform the insurance industry, not simply 'disrupt,' says panel.

SMA sees significant spending and shifts in personal lines projects that are aimed at aligning insurers’ strategies to transformation and growth.

While there has been a great deal of hype around the technologies that make up AI, that will change to action this year according to Gartner analysts.

The German insurer is reportedly looking at XL as a potential target to grow its casualty coverage business in the U.S.

Without a clearly articulated set of business value metrics for IT, it can be a challenge for leaders to create compelling business cases for new investment opportunities.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Tech execs have become less certain of their ability to satisfy end users.

Todd Fancher will lead the carrier’s strategic investment in artificial intelligence, machine learning and advanced analytics aimed at better customer service.

The New York-based startup had raised $60 million before Tuesday’s announcement.

Rather than looking to innovate on products, startups in life insurance concentrate on distribution as a way to improve the sector, say Accenture panelists.

The life carrier is keen on finding the startups that will define insurance user experience and distribution in the future, says managing director Doug Russell.

he software-as-a-service product creates tailored reports for end users across the insurance organization.

Replacing obsolete tools with a modern solution reduces costs despite significant business growth and supplies heretofore-unavailable analytics to unlock business insights.

The markets are forecast to rise by 100 percent or more over each of the next four years, according to a new report from International Data Corp.

Company's Technology Growth Fund has invested in at least two insurtechs.

As the sector grows, more policyholders are taking advantage of insurers' digital offerings, according to EY survey.

Insurers will spend on average $90 million on artificial intelligence technologies by 2020, study finds

Insurer's board says it will conduct a comprehensive search for a new leader, after meeting Wednesday.

Though insurance tech budgets are leveling off, companies are still pushing digital, says SMA.