InsurTech
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale - could exceed $70 billion in premium by 2030, according a new report by Conning. ...
What to Expect: 7 InsurTech Predictions for 2023
The year 2022 was not kind to the publicly traded InsurTechs. But beyond that smokescreen, new and growing InsurTechs continue to drive innovation. Here are seven trends ...
InsurTech Spotlight: bolt CEO Values Thoughtfulness, Timeliness, Intent
Jim Dwane compared his experiences in insurance to learning how to play the piano. When he first sat down at the figurative keys at Travelers and later at AIG, he watched his fingers as they learned ...
Joyn Insurance Completes $17.7M Series A Funding Round
Delaware-based InsurTech Joyn Insurance announced in January that it completed a $17.7 million Series A funding round led by OMERS Ventures, with participation from Avanta Ventures, ManchesterStory, ...
InsurTech FloodFlash Officially Launches in U.S.
Parametric flood insurer FloodFlash announced that it has entered the U.S., aiming to augment the market by using its parametric technology to make flood insurance ...
InsurTech Spotlight: Longtime Jeweler Shines With BriteCo
Three generations of Dustin Lemick's family have sold the rings, necklaces, bracelets and watches inside Cy Fredrics Jewelers buildings near Chicago. The craft was passed down to Lemick like a ...
Five Lessons for Carriers to Launch Innovative Insurance Products
The insurance industry faces myriad challenges, ranging from a rapidly evolving technology landscape, to minimizing ongoing product maintenance costs, to adapting to changing consumer behaviors and ...
Root Inc. Investigating at Least $9.5M in Unauthorized Payments by Former Employee
Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series of payments made without prior disclosure to the ...