All the headlines from our InsurTech Topic Page, ordered by recency.
Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...
Sep 16 2019 // The parents of a Georgia Tech student killed by a campus police officer two years ago have filed a wrongful death lawsuit against the school, the university system and the officer.Authorities have said university police...
Sep 16 2019 // Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways.The San Francisco-based managing general agency describes itself as an “end-to-end cyber...
Sep 16 2019 // The workers’ compensation market apparently needs to do some catching up where it concerns technology.“Historically we’ve been really slow to adapt to technology and innovation,” said Shaun Jackson,...
Sep 16 2019 // I was having dinner with a close friend who is retired, has no debt and has decent wealth. He asked me why I think he needs insurance. He was wondering if insurance at this stage of his life was a waste.My heart sank. This...
Sep 16 2019 // The surplus lines marketplace is often viewed as the insurer of last resort, the marketplace for bad risks with poor loss records. But particularly in a time of great economic growth like now — we’re also the...
Sep 13 2019 // About 62 percent of insurance companies polled said they intend to increase staff in the next 12 months, according to the latest U.S. Insurance Labor Outlook Study conducted by recruitment firm The Jacobson Group and...
Sep 13 2019 // The National Football League wants a better helmet, and for the first time, it’s willing to pay for it.The richest and most-watched U.S. sports league has created the NFL Helmet Challenge, a $3 million, 18-month...
Sep 12 2019 // Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies.Next said the system, dubbed “Next for Agents,” had been in beta testing since April...
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country.According to CEO Jim...
Sep 12 2019 // Apollo Insurance Solutions, a Canadian insurance marketplace, has entered the American market with a liability insurance product tailored for educators in California. The product allows consultants, instructors, and...
Sep 6 2019 // The workers’ compensation market apparently needs to do some catching up where it concerns technology.“Historically we’ve been really slow to adapt to technology and innovation,” said Shaun Jackson,...
Sep 6 2019 // Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying...
Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model.August Capital led the new...
Aug 26 2019 // Independent insurance agents can find sifting through the many insurtech products to pinpoint ones suited to their needs is a daunting assignment.But it’s an assignment they must tackle, according to agency...
Aug 22 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...
Aug 19 2019 // The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated $1.3 billion in 2019, according to new data from Juniper Research.This growth will be...
Aug 19 2019 // Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. With this new partnership in Singapore, Tokio Marine will now have access to Plug...
Aug 19 2019 // There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners trying to decipher what is relevant to them, how to implement these products and...
Aug 19 2019 // 1. Quality Sales Managers. Invest in a quality sales manager who knows how to motivate and guide members to their goals.2. Transcribe with AI. Otter.ai is a platform that allows — through the website or mobile app...