Innovation
Reinsurers Continue to Lead in Post-Pandemic Innovation
Innovation in the insurance industry, accelerated by COVID-19, has continued largely due to consumer appetite and market competition, according to a newly released report by AM Best. Predictive ...
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.
Carlos José Báez experienced the full brunt of Hurricane Maria when it made landfall in Puerto Rico as a catastrophic storm in 2017.
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 ...
Steadily Raises $28.5M in Series B to Scale Landlord Insurance Offering
Steadily, a landlord insurance company, announced that it has raised $28.5 million in series b funding. Steadily serves rental property owners of single-family and small multi-family rentals across ...
Automated Weather Insurance Could Offer Help in an Increasingly Hot World
Karna Joins American Family Ventures
American Family Ventures (AFV) has appointed Dr. Henna Karna as an Entrepreneur in Residence. With a career spanning over 25 years, Karna has held numerous senior-level positions. She is known for ...
Cognizant Launches Platform to Help Companies Deploy Generative AI
Cognizant announced a new, enterprise-wide platform - Cognizant Neuro AI - designed to provide enterprises with a comprehensive approach to accelerate the adoption of generative AI technology and ...
How Much Should Insurers Trust AI Chatbots?
Whether it's underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm Saxe, ...