Innovation
Insurers Lead The Pack in Appointing Chief Digital Officers
Insurers – both from the property/casualty and life sectors – are far ahead of other industries in appointing a chief digital officer, according to Strategy&, PwC's strategy consulting ...
American Express Boosts Next Insurance’s Series A Round to $35M
Next Insurance, a digital insurance agency for small to medium businesses, announced that American Express Ventures has joined its previously announced Series A Round led by Munich Re/HSB Ventures. ...
It Can Take a Movement to Transform Company Culture
Property/casualty insurers often talk about the need to transform their companies into a culture unafraid to embrace change that's also able to develop new ideas beneficial for their peers and ...
Insurance Industry Disrupters Lead to New Risks, Uncertainty Among Insurers
Disruptive trends in the insurance industry are changing the risk landscape and creating an atmosphere of uncertainty as insurers seek to move forward in the wake of new technology and transforming ...
Reinsurer Scopes Out Innovations on the Horizon
As the world has advanced, we have seen some astonishing developments in technology. Computers used to fill a room; now one can sit on the palm of your hand. Phones once required an operator in a ...
A Pop-Up Lab Project: The Washington State Transit Insurance Pool Example
"On many of our projects, we work with tech startups and our clients," said Wendi Bukowitz, Innovation Lab leader at Munich Re, US. "We work with tech startups because the future of risk management ...
Cape Analytics Brings Cutting-Edge Property/Data Analytics Offerings to 8 More States
Cape Analytics, a startup that relies on machine learning, computer vision and geospatial imagery to produce propriety property data for insurance carriers and others, is expanding. After a start in ...
AIG’s ‘Smart Contract’ Is First Multinational Insurance Policy Powered by Blockchain
American International Group, IBM and Standard Chartered Bank have successfully piloted what they say is the first multinational, "smart contract"-based insurance policy using blockchain. Utilizing ...