SMA research identifies a definite slowdown in the purchase of core systems in the P&C market.

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

A convergence of ride sharing, autonomous driving, and vehicle electrification trends will drive the shift, BCG says.

Data visualization, dashboards, data integration and data quality are among the features cited as most critical by firms.

Study suggests predictive analytics to combat the problem, helping carriers shed unwanted policies and validate client information.

Machine learning, deep learning and natural language processing are among the technologies that will help drive organizational success.

The two technologies account for nearly half of global insurance tech investment, up from 10% in 2015.

But producers seek better marketing tools and onboarding help rather than portals and mobile apps, says Celent research.

Farmers' subsidiary begins new core instillation with its dwelling fire and specialty homeowners lines.

Carriers must take care to prevent ‘innovation theater,’ says Novarica report.

By 2020, 90% of organizations will adopt a data environment that has both cloud and on-premise computing services.

Virtually every organization will be affected, putting new pressure on creation, collection, utilization and management.

Initiative pushes customers to adopt autonomous driving features for auto premium discounts.

Vehicle-to-vehicle communication and streaming video of drivers can revolutionize both personal and commercial lines.

Carriers need guidance from outside the industry to truly get digitalization, says Munich Re exec.

Launching in three states today, the company provides a range of financial assistance products for city dwellers.

But carriers are interested in improving customer relationships with more value-added services, says NTT Data survey.

Insurtech is approved to sell renters insurance with homeowners coverage coming.

Carriers have a ways to go to incorporate insurtechs’ innovations into their processes, Accenture says.

Insurers work with the e-commerce giant and other voice-assistant providers to open new customer channels.