CTO / Technology
Travelers CEO Schnitzer: Agents, Brokers Have a Place, Even With InsurTech Investments
Travelers Chairman and CEO Alan Schnitzer said that independent agents and brokers still have a place with the insurer even as it continues exploring InsurTech innovations for its operations. "Yes, ...
Legacy Insurance Systems Are Shaking Under Weight of Innovation
Garbage in, garbage out. It's a phrase as old as computing, attributed to an Army specialist in an era when the cutting edge of processing was 16 bits on a device the size of a commercial ...
China’s Ping An Insurance Behind Launch of Hong Kong Banking Blockchain
Hong Kong's banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC , on Tuesday said they will jointly launch a trade finance platform in September using blockchain ...
To Build a Blockchain, Keep Expectations Measured and ‘Park Your Ego’ at the Door
Insurers hesitating about blockchain investments should definitely get into the game, but keep their expectations reasonable and measured, according to a recent panel of experts who spoke at the ...
Nationwide, Munich Re Contribute to Next Insurance’s New $83M Financing
Next Insurance raised $83 million in a new financing round, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. "Our ...
Trōv Expands Into U.S., Launches in Arizona With On-Demand Single Item Insurance
Trōv, a global on-demand insurance tech company, has expanded into the United States, starting with insurance for single items in the state of Arizona. Munich Re's Digital Partners provides ...
Blockchain Is Technological Evolution That Will Create Insurance, Reinsurance Revolution: B3i’s Marke
Blockchain technology is moving out of the lab and into the insurance business. It's moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. ...
P/C Insurers Struggle to Match the Digital Customer Service Wizardry of Others: J.D. Power
Property/casualty insurers have a long way to go toward meeting customer expectations about their digital interactions, the new J.D. Power 2018 Insurance Digital Experience Study found. J.D. Power ...