Technology & Analytics
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...
The Latest Launches From Nationwide, Starr Insurance and Hippo
Nationwide will debut an online insurance platform targeted toward businesses with fewer than five employees. Starr Insurance Companies said it is launching a construction-related insurance policy ...
State Farm to Use Drones for Assessing Hurricane Florence Damage
Drones will be allowed to fly long distances and over populated areas across four states to assess damage from Hurricane Florence, after U.S. aviation regulators granted the first such approvals to ...
Using Technology to Reduce Discovery Costs
Civil litigation is expensive in the United States. A plaintiff can file a suit based on evidence it knows or assumes will be in the defendant's files. To access that evidence, parties must ...
Fitbit Needed: John Hancock Moving Fully to Interactive Life Insurance Dependent on Devices
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health ...
Assurant Invests in Mojio, a Startup Focused on Building Connected Car Services
Assurant, a niche market specialty insurer, has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a ...
Homeowners Insurers’ Investment in Digital Channels Produces High Customer Satisfaction Scores: J.D. Power
Homeowners insurance companies are faring rather well when it comes to customer satisfaction. Consultants at J.D Power think the carriers' investments in improved digital channels and bundled ...
Unblocked by the Chain, Smart Ledger Systems Are ‘The Thing’ to Insure
The swollen tide of cryptocurrency mania appears to be receding, leaving perhaps the firmer ground of blockchain behind. But blockchain tides are also turning. Blockchains are slow, expensive and ...