InsurTech
Grid-by-Grid: How One Tech Firm Dissects California Wildfire Risk to Sell Insurance and Reinsurance
There is general consensus among insurance and reinsurance underwriters about the safest property risks to accept in the California market, according to the co-founder of ...
Evacuation Policies and Cat Strips: Wildfire Insurance and Reinsurance Ideas That Failed
Sometimes, it takes a few tries to develop the right insurance or reinsurance product—one that will align well with the needs and wants of customers.
In their 1999 paean to California, the Red Hot Chili Peppers sang that "Destruction leads to a very rough road, but it also breeds creation." The rock band was referring ...
California Wildfires Dwindle as Premiums Surge
InsurTech Profile: InsurAware CEO Reflects on the Power of Change
At 40 years old, Rajesh Krishnan sat in a Baltimore intensive care unit, recovering from a brain aneurism and a stroke. His solution-oriented mind had driven him to academic and insurance industry ...
More Signs of Life in Florida: New Insurers, More Citizens Takeouts
Florida's property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens Property Insurance and two new companies entering the arena.
CLARA Analytics Adds to GenAI Extracting Data From Demand Packages
Insurance carriers looking to quickly decipher demands in newly filed lawsuits can now do so through the use of generative artificial intelligence (AI), according to CLARA Analytics. The AI ...
Car Insurance Savings App Jerry Announces $110M C2 Funding Round
Jerry, a car insurance savings app, announced its series C2 funding round, securing $110 million in equity and debt financing. The up round allowed the company to double its AI-powered services for ...
Betterview, EagleView Launch Strategic Property Intelligence Partnership
InsurTechs Betterview and EagleView announced a strategic alliance. EagleView's aerial imagery will be integrated into Betterview's property intelligence platform to help insurers better understand a ...
Insuring the Future: How Gen Z Digital Natives Are Transforming Insurance
Generation Z insurance consumers – or those born between roughly 1997 and 2012 – want the insurance process to be authentic, honest, and immediate. That's according to guests on The Insuring ...