Is This Claim Covered? Lawyer-Built AI Drafts Coverage Letters in Minutes
Dan Schuleman, the co-founder and chief executive officer of Qumis, unhappily remembers a time when he worked as outside coverage counsel for an insurance company ...
InsurTech
Insurance AI Pilots Without a Framework Are Risky Business
The insurance landscape is complex for many reasons. There are a multitude of products, riders and needs. Insurance is sold through four channels: company-tied agents (captive), multi-carrier brokers ...
InsurTech Investment Hits $60B Milestone But Pales AI Figures
Artificial intelligence is quickly reshaping the insurance landscape, and Gallagher Re's global head of InsurTech, Andrew Johnston, warned in the company's latest Global InsurTech Report that this ...
Don’t Get Burned: A Smart Approach to Choosing an InsurTech Partner
Walking the expo floor at an InsurTech conference can feel overwhelming. With over 100 vendors touting AI-powered automation for underwriting, service or claims, it's ...
Death of Pilots and MGA Burn: Execs Offer InsurTech Partnership Basics
Cultural fit, strategic alignment and systems compatibility are among the ingredients of successful carrier-InsurTech partnerships, according to a group of executives who spoke at a recent webinar ...
InsurTech Wefox Raises €151M to Build New MGA Focus, Core Markets
InsurTech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market positions in Austria, the Netherlands and Switzerland as well as its ...
InsurTech Slide Targets $2B-Plus Valuation in IPO
Insurance tech company Slide is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering, joining a lineup of insurance companies that have made ...
Upgrading Legacy Tech Can Be a Risk, But Inaction Is a Bigger One
While the insurance industry has historically been an early adopter of innovation, experts say a reliance on time-tested systems and methods now may be holding the industry back. "Insurance was a ...
Wildfire Experience Inspires New Contents Claims InsurTech
When Michael Balarezo emerged from the basement office of his Boulder, Colo., home in December 2021, smoke plumes from the nearby Marshall Fire were visible from his ...
