Drivers under 25 years old file collision and property damage liability claims less and it's likely because of crash avoidance technology, according to three separate studies from the Highway Loss Data Institute.

In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.

Digital technologies are transforming the delivery of financial services and reshaping consumer expectations. At the heart of change is the speed of money movement, which now represents the future — success for those who deliver, challenges for those who don't.

Amazon will require third-party sellers to secure product liability coverage after reaching $10,000 in sales in one month on Amazon.

Arturo, a spin-out of American Family Insurance, was founded in 2018 and is a real estate data and analytics startup.

Challenge comes with increased awareness of structural racism in financial services.

In other news: Cowbell Cyber releases API; Discount Tire, Motorq offer data analytics platform; and Roamly announces new hire and expansion plan.

SynchronoSure has three insurance products available in 48 states, and will be adding new products over the next 60 days. GigBOP, a low-end property/casualty product for the gig economy and small business accounts; a trucking general liability product designed to protect the office and garage operations for small trucking companies; and a recently announced excess liability product.

There were about 12 funding rounds in the insurtech sector in August 2021, according to a review by Digital Insurance and with data from Crunchbase.

General Manager Amrish Singh on how the company maintains a distinct strategy from the insurance business.

In other news: Breeze's new hire; Guidewire acquires HazardHub; New York Life partners with Empathy.

Chief executives from across the business world are set to join President Joe Biden for a discussion Wednesday on how industry and the federal government can partner to improve cybersecurity in the face of debilitating ransomware and cyberattacks.

Consumers still trust established traditional insurance companies over newer insurtech startups. A majority of respondents said they would prefer to buy a policy from companies like AIG over startups like Lemonade.

Future automobiles will likely need to include passive technology to monitor for driving under the influence and automatic emergency braking.

Over half or 62%, of insurers, say they will invest in risk management over the next year, with 55% saying they’ll invest in customer and employee data protection, according to the FIS’ 2021 Readiness Report.

In other news: Nexar partners with New York’s Black Car Fund and Hannover Re collaborates with ExamOne.

Several companies are using artificial intelligence and data analytics to better map properties for coverage in potential high-risk wildfire areas.

The insurance enables motorcyclists to customize their insurance all year round and pay for the time they ride instead of high predetermined rates.

The data and decision-making insights gathered from IoT devices have been revolutionary for insurers, and the potential of this technology is just starting to be realized.

The company discovered three main problems in the insurance market in Mexico. One was that people, in general, lacked information about insurance plans, the potential benefits, and how they could save money in terms of healthcare, legal services, and other areas.