There was a moment in first-quarter 2021 when InsurTech Root met a long-desired loss ratio target, sending a promising signal that the cash-burning startup was squarely ...
Although three strategic pillars guide investments in technology and data science at InsurTech Root, the second pillar—one focused on "meeting customers where they ...
Early adopters of generative artificial intelligence (Gen AI) tools are working hard to employ the technology, which can help insurers innovate, enhance customer ...
A simulated cyber catastrophe highlights the benefits and problems cyber insurance carriers will encounter as a result, according to a report released by Lockton Re. The report, "A Kaleidoscope of ...
"Innovative" is not the word I'd use to describe the personal lines insurance space. Industry veterans even affectionately refer to insurance carriers as "slow first ...
Two-thirds of property/casualty insurers plan to start using AI in operational decisions this year, according to a survey, which also reveals that nearly all insurers already using AI have been ...
AXA SA's Chief Executive Officer Thomas Buberl says he intends to "scale up" the firm's business insuring corporate risks in the next phase of the firm's growth. "In a highly volatile and highly ...
What is the purpose of the insurance sector? Presumably, it's to provide financial security to individuals, enterprises and communities by transferring risk in a way that ...
In early 2021, former executives with the Auto Club Insurance Co. of Florida, affiliated with AAA, decided to form a new property insurance company in Florida — even ...
Today's newsletter provides free access to the 10 most-read feature articles published by Carrier Management in 2023. It's just a small sample of the content written by property/casualty insurance ...