How Electric Vehicles are Shaking Up the Auto Insurance Industry
The rise of electric vehicles has major implications for the auto insurance industry, including risks to legacy carriers that don’t prepare for the shift and opportunities for technological innovation and partnerships.
Reducing Insurance Claims Costs with Subrogation
Subrogation is one area of opportunity that insurance companies can explore to attempt to recoup some of their losses.
As Catastrophe Bonds Rebound, What’s Next for Insurance Innovation?
As the market for catastrophe bonds rebounded in the latter half of 2023, what’s on the horizon for catastrophe bond innovation?
As Cost of Cyber Attacks Increase, Insurtechs Step-Up Protection
The evolving risks and sophistication of cyberattacks has brought on a new sense of urgency for businesses to seek cyber insurance.
Insurtechs Help Commercial Fleets Drive Value from Telematics and AI
Advanced technology like artificial intelligence and telematics can help fleet operators promote safer driving, reduce risk, and lower their insurance costs.
How IoT is Reshaping the P&C Insurance Industry
Insurers are taking advantage of opportunities to build IoT offering and capabilities around connected cars, smart home features, and commercial lines.
How Insurance Industry Clouds Can Bolster Operational Efficiency and Agility
As insurance carriers look for ways to stay competitive in today’s digital-first world, there may be value in considering cloud-native tech stacks known as “industry clouds.”
The Rise of Computer Vision in P&C Insurance
To stay competitive, P&C insurers need to invest in technology that enables them to streamline claims processes, effectively manage risk, and deliver a positive customer experience. In recent years, computer vision has emerged as one way for them to do that.
Insurtechs Pave the Way for Gig Economy Insurance Innovation
In response to the growing need for gig economy insurance, several insurtechs have entered the game to offer solutions specific to the needs of the space.
Payments Modernization is Key to Unlocking Faster Disbursements in Insurance
Embracing digital payments could enable insurers to gain a competitive edge, optimize operations and cost-efficiency gains, and elevate their customer experience with seamless and faster disbursements.