Amjed Al-Zoubi had been CTO for the company that he joined in 2018.

Folksam Group, which oversees about $50 billion in insurance assets, said it shared client data with Facebook, Google, Microsoft, LinkedIn and Adobe, according to a statement on Tuesday.

About $5 billion has been invested in insurtech this year, and top-tier insurers have taken part in more than 60 deals.

Also: One Inc., Majesco partner; Mercedes-Benz gets into home automation too.

Ting's customer-installable sensor monitor the home’s electrical system to detect hazards like arcing from faulty wiring.

The insurer is the parent of Aloi Nissay Dowa Insurance and Mitsui Sumitomo Insurance.

The Columbus, Ohio-based company sold 24.2 million shares, together with investors selling 2.6 million shares of their own, at $27 each.

Consumer adoption is steady but still modest, Novarica finds.

Amid increased work from home during the coronavirus pandemic, new product to launch with multichannel distribution.

I see the insurance industry going through many of the same challenges that we faced early on in e-commerce.

And where can insurers deploy them for the most value?

The second year of the worldwide competition brings eight regional finalists from four regions.

Companies will work to develop claims automation platform for home leaks.

The program is built with an SDK from the startup Sensely.

Sami will try to compete with major rivals such as UnitedHealth Group Inc., whose Amil unit in Brazil is one of the nation’s biggest health insurers by number of clients.

The goal of every claims organization has been and will remain quickly adjusting a claim at a low cost with high levels of customer satisfaction.

Also: Fabric's new CMO, telematics in Utah.

There is a tug-of-war between AI for transformational purposes and AI for tactical purposes.

Company uses AI to assess insurability of phones at any age.