Industry News

insurance-could-improve-gun-safety

Insurance could improve gun safety, report suggests

According to a ValuePenguin survey, 75% of American consumers believe gun owners should be required to have liability insurance on their firearms.
assurant-partners-with-updater-to-become-renters-insurance-provider

Assurant partners with Updater to provide renters insurance

Assurant, a global business services company that supports, protects and connects major consumer purchases, has signed a multi-year partnership with Updater, to become the preferred renters insurance provider.
american-international-group-finalises-MGA-deal-for-hgih-net-worth-markets

American International Group finalises MGA deals for high net worth markets

American International Group (AIG) has finalised its agreement with funds managed by Stone Point Capital to form an independent managing general agency (MGA) to serve high net worth and ultra-high net worth markets.
insuritas-teams-up-with-crdit-one-bank-for-its-digital-insurance-agency

Insuritas teams up with Credit One Bank for its digital insurance agency

Insurance agency Insuritas has been engaged by Credit One Bank to install its full-service digital insurance agency platform.

How tech is boosting sales and improving customer experience

Artificial Intelligence (AI) has become a pivotal force in the retail sector, offering an innovative solution to the daunting challenge faced by retailers. Scanbot...
swiss-re-benekiva-team-up-for-digital-claims-management

Swiss Re and Benekiva team up for digital claims management

Swiss Re Reinsurance and Des Moines-based InsurTech Benekiva, have formed a strategic partnership to develop an end-to-end digital claims management solution.
Silicon-valley-telematics-startup-novo-insurance-selects-duck-creek

Silicon Valley telematics startup Novo Insurance selects Duck Creek

Duck Creek Technologies, an intelligent solutions provider looking to define the future of property and casualty (P&C) insurance, has been selected by Silicon Valley telematics startup, Novo Insurance, as its technology platform of choice for policy, billing, insights, and data hub solutions.
clearcover-launches-embedded-car-insurance-solution

Clearcover launches embedded car insurance solution

Clearcover Insurance Company, a next-generation car insurance company, has launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop via Experian's auto insurance comparison shopping service.
questions-to-ask-when-swtiching-to-a-cloud-CCM

What questions should you ask when switching to a cloud CCM system?

When looking to make a switch from a legacy on-premise to cloud-based CCM solutions, Smart Communications stresses the importance of asking certain questions before signing a new vendor contract.
how-is-AI-transforming-impacting-the-industry

How is AI impacting the insurance industry?

Idolised by visionaries, dismissed by sceptics, artificial intelligence (AI) undeniably has the potential to transform entire industry ecosystems, according to InsurTech Tractable.

News Stories

AI budget Percentage in Insurance

AI investment is accelerating with two-thirds of insurance CEOs allocating 10 – 20% of...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
bolttech

ING picks bolttech for European InsurTech push

ING, one of Europe's largest banks, has selected bolttech, a technology-enabled insurance platform, as its strategic partner to expand embedded insurance and protection solutions...

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...

Why insurers fail when actuaries work in silos

Building a high-performing pricing model is a significant achievement for any actuarial team, but it is only the beginning. According to Akur8, the real challenge...
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