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Venture Capital Insurance Investment Objectives Vary in 2018
What types of investment opportunities are venture capitalists seeking in the property/casualty insurance space for 2018? Carrier Management spoke to investors from Oak HC/FT, Accel and Munich Re's ...
Where Is the InsurTech Capital of the World?
There was a time not so long ago when Hartford, Conn., was widely known as the "Insurance Capital of the World." These days, Hartford has work to do to reclaim that title. But with insurance ...
Startup Bets on Underwriting By Friends and Family
InsurTech startup InsurePal (now known as VouchForMe) is developing an insurance platform that aims to revolutionize the industry's model for risk selection and fraud prevention by "social proofing" ...
Cyber FICO Ratings Could Benefit Insurance Underwriting in Multiple Ways
Nearly 30 years ago the Fair Isaac Corporation ("FICO") first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market ...
The Act of Automation: Proven Technologies Streamline Reconciliation and Reduce Risk
As InsurTech makes slow but steady inroads in the insurance industry, the focus is now on cutting inefficiencies and streamlining workflows—things that can be done today with proven technologies ...
Industry Needs to Join InsurTech Wave to Digitize Insurance: AFL’s Esser
There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we ...
Keeping Flood Insurance Above Water: Commentary
With the National Flood Insurance Program (NFIP) currently set to expire on Feb. 8, and many communities still recovering from this summer's hurricanes, it's no surprise that the 21st Century Flood ...
Want Innovation? Don’t Aim at Distribution
Having spent the better part of the last decade learning, practicing and, in many ways, participating in the creation of innovation as the new discipline in business, I've come to the conclusion that ...