Innovation
CEO Viewpoint: Challenge of Disruption Awakens a Sleeping Giant
This is a fascinating time to be working in the insurance industry. The technological and social changes that are taking place are transforming the world around us and changing how we do business. ...
EverQuote, a Rising Insurance Matchmaker, Raises $23M Series B
Digital insurance matchmaker EverQuote Inc. reports that it closed a $23 million Series B investment led by Maryland-based Savano Capital Partners, with participation from Stratim Capital, Oceanic ...
Allstate Drones Continue Assessing Hurricane Matthew Claims in Ga., S.C.
Allstate will continue using drones in parts of Georgia and South Carolina to assess Hurricane Matthew-related roof and home damage claims. The drones will be used in Savannah, Ga., and several South ...
Reporter’s Notebook: 10 Takeaways From InsureTechConnect
You've probably heard there is tremendous investor interest right now in technology-first insurance startups, or InsurTech firms. The first InsureTech Connect Conference in Las Vegas in early October ...
Allstate Debuts Revamped Commercial Insurance Quoting Platform; Pledges Policy in 5 Minutes
Allstate debuted a revamped commercial insurance quoting platform that it said will help small business owners buy a policy in about 5 minutes. Allstate's move comes with the emergence of InsureTech ...
InsurTech Founders Are Often Not Insurance Industry Veterans
As InsurTech companies increase in number and scope, the P/C industry may be surprised about one thing: only a small number of founders may actually be insurance industry veterans. So says, Tim ...
Commercial Lines Tech Startup Embroker Now Open for Business
Technology-inspired startup insurance broker Embroker, which bills itself as the first modern business insurance platform, has officially launched. Embroker is a commercial lines platform that ...
AIG CEO Peter Hancock’s Innovation Sources: Nobel Prize Winners, Client Councils and More
Here's an innovation you may not have heard about in the insurance world: client councils. AIG President and CEO Peter Hancock said that his company forms and hosts client councils in order to ...