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Loop, a B-Corp MGA focused on using AI, big data and telematics to build more inclusive auto insurance, announced the close of a $3.25 million seed round on Wednesday. Freestyle.VC led the funding ...
One year ago, as insurers looked toward the start of a new decade, the industry was beginning to hit its digital stride. Long seen as technological laggards, insurers ramped up their investments in ...
The announcement that Dr. Henna Karna, formerly global chief data officer at insurer AXA XL, had been retained by Google to lead a new insurance initiative was greeted by the insurance and InsurTech ...
Over 25 years leading RMS, and now even more so with my new colleagues at Archipelago, I've developed an affinity for the built environment: the hazards and risks of these assets, the imperatives for ...
"Unprecedented" is hands-down the word of 2020. It has been used to describe everything that's occurred during the pandemic from Supreme Court nominees to infection rates, lock downs, social ...
If you just read the headlines, you'd think the Golden Age of technological integration has arrived in our industry. After all, less than six months ago, Lemonade—the app that boasts the ability to ...
Are you using your vehicle to transport people? That's just one of the "archaic questions" that insurers might be still be asking, Chetan Kandhari, Chief Innovation and Digital Officer for ...
What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging ...
There are some algorithms in life that, even with the very best marketing, don't really matter too much. For example, if Netflix's recommendation algorithm points me toward the first episode of a ...
With interest rates near zero percent, insurance carriers are facing a shifting paradigm. Investment income will not be able to drive return on equity alone, and the combined ratio will have to bear ...
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