Innovation
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...
HSBC May Bid for Aviva’s Asian Assets
HSBC Holdings Plc, the bank that shook up its senior leadership this month, is considering a bid for Asian operations being sold by Aviva Plc as it seeks ways to diversify its business in the region, ...
ReinsurTechs Break Through: Reinsurance May Finally Be on InsurTech’s Radar
InsurTech startups targeting the property/casualty insurance industry proliferated in multiple ways over the last few years. Relatively few of them focus on reinsurers, however, and Will Dove has ...
The Latest Launches From Sompo International and BHSI
Sompo International in Asia plans to use an InsurTech startup's on-demand cloud platform to bring on-demand insurance to Asia. Berkshire Hathaway Specialty Insurance says it updated its Asia ...
Carriers and InsurTechs Go Together Like Peanut Butter and Chocolate
If you had visited the Berlin Industrial Exposition of 1879, you would have been transfixed by a new kind of train that seemed to move by invisible means. It was powered not by steam but by ...
Data Science Startup DataCubes Is Ramping Up Carrier Partnerships
InsurTech DataCubes raised its first funding round of $2.5 million just under two years ago and continues on a growth trajectory today. (Hint: more fundraising is planned in the near future.) The ...
InsurTech Product News: A Carrier Partnership and Workflow Management Pilot Project
The Hartford is working with Cape Analytics to apply artificial intelligence to its property insurance quote and renewal process. An InsurTech focused on streamlining workflows for independent ...
Mobile Sales Assistant Vymo Raises $19M; AXA, Allianz Among Customers
Vymo, a technology company whose mobile app captures and automates data for insurance sales reps and others on the go, has raised $18 million in new financing. The India-based SaaS (software as a ...