Innovation
Move Over InsurTechs: Chubb’s Digital Marketplace Is Live and Serving 1,000 Agents a Day
Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial investments in digital technologies including cloud, mobile, APIs, ...
Chubb Marketplace: Design Principles and Key Features
According to Bennett "BC" Verniero, senior vice president of Business Solution Architecture at Chubb, there are four major principles that have guided the development and evolution of the company's ...
The Latest Launches From Bunker, BHSI, AXA and USAA
Bunker is now offering a real-time proof of insurance process for on-demand workers. Berkshire Hathaway Specialty Insurance is expanding its North American Transactional Liability Insurance business ...
InsurTech MGA Clearcover Pulls in $43M Series B; American Family Among Investors
American Family Insurance joined onto a new $43 million financing round for Clearcover, a managing general agent with an artificial intelligence-driven platform focused on car insurance. The Chicaco, ...
QBE Joins $30M Financing Round for Machine Learning Startup HyperScience
HyperScience, a startup using machine learning to automate office work-related data entry and more, attracted $30 million in Series B financing from investors including Australian insurer QBE. New ...
ArgoGlobal and Italian InsurTech Firm Provide On-Demand Insurance for Gig Workers
ArgoGlobal Assicurazioni S.p.A, a subsidiary of specialty re/insurer Argo Group International Holdings Ltd., is working with InsurTech startup Axieme to provide on-demand, pay-as-you-go insurance for ...
The Latest Launches From Travelers and AXA XL
The Travelers Companies Inc. will start offering transactional risk insurance in the United States, through a new partnership with a managing general underwriter. AXA's AXA XL Insurance is now ...
Give Your Innovation Team Autonomy to Get the Job Done
One obvious step executives could pursue to bring innovation to their companies is to create a team to make it happen. But that's not enough. The team also needs autonomy within the main company to ...