Innovation
UK Insurer Brit, Google Team on First Fully Digital Lloyd’s Syndicate
Brit Ltd. and Google Cloud are partnering on the launch of Ki—what is being billed as the first fully digital and algorithmically driven Lloyd's syndicate. Debuting in 2021, Ki will be a ...
Supporting Underwriting, Claims Decisions With the Science of Behavioral Economics
Successful insurance product administration requires consistent, accurate decisions from the evaluation of submissions at underwriting to the adjudication of claims. Effective decision operations are ...
The Latest Launches at Guy Carpenter, IVANS and CyberCube
Guy Carpenter has unveiled a new Philippines Flood Model. IVANS now has a product designed to provide insurers with premium benchmarks to support price optimization and increase win rates. CyberCube ...
InsurTech CEO COVID Survival Guide: ‘Work for the Best; Plan for the Worst’
The challenge of delivering operating profits for investors while anticipated revenues tumble from COVID-19 lockdowns is as real for InsurTechs as it is for mature companies, the chief executive of ...
The Latest Launches From Tokio Marine and Axon
Tokio Marine is partnering with an InsurTech startup to use artificial intelligence as part of its auto damage evaluations. Axon Underwriting Services LLC is debuting a new offering as part of its ...
Not Magic, But Design Thinking Works
There is so much talk about the need for the insurance industry to innovate. More and more emphasis is being put on innovation. Heck, even AM Best has decided that it needs to assess innovation as a ...
The Latest Launches From AXA XL and W.R. Berkley Corp.
AXA XL Risk Consulting launched a new risk assessment service designed to continue evaluating loss prevention across business lines during COVID-19 restrictions. W.R. Berkley Corp.'s Berkley Program ...
The Latest Launches From Slice Labs and W.R. Berkley Corp.
Slice Labs has expanded the reach of its cloud-based cyber insurance for small businesses. W.R. Berkley Corp.'s Berkley One expanded into Georgia and Rhode Island. *** Slice Labs said that its ...