Technology & Analytics
A New Baseline: InsurTech Shifts Insurer Expectations of Core Vendors
For decades, the insurance industry has bought, sold, replaced and implemented technology solutions in a predictable pattern. Analyst firms collected anecdotal and hard data on purchasing patterns ...
Act 2 of the InsurTech Revolution Is on Its Way
The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and ...
Technology, Trust and Ethics: An Actionable Governance Toolkit for a Disruptive Time
The Fourth Industrial Revolution has ushered in a brave new world few of us can begin to fathom— including those who fancy themselves cutting-edge techno-geeks, super experts and digital business ...
Travelers, Amazon to Sell Smart Home Kits, Promote Insurance Info to Clients
The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits and insurance/risk management information through a digital storefront: Amazon.com/Travelers. The property/casualty ...
InsurTech Needs to Go Full Stack on Policy Management Systems
InsurTech—the marriage of insurance and technology—suggests two giants aligning together to create a solution greater than the sum of its parts. Highly regulated, slow moving and tied to ...
Boost Customer Loyalty With a Dynamic Digital Claims Cycle
Loyal customers are the lifeblood of many businesses, and the insurance industry is no exception. A happy insured will renew their policy every year, promote the carrier to others and cost far less ...
Digital Transformation Strategy Tip: Hire the Innovators
For executives fretting about pursuing a successful digital transformation, here's a thought: Hire the innovators. There's plenty of pressure to pursue innovation and digital change with existing ...
Startups Nail Down Financing for Customer Management Software, Casualty Claims Tech
Glassbox closed a $25 million round of financing intended to fuel the growth of its digital customer management software. The company's clients include insurance companies such as The Hartford, ...