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Nationwide Insurance: Using a Decade of Learnings to Create Next-Generation Telematics Solutions
Telematics insurance has traversed more than two decades, cycling through phases of curiosity, dedication and subsequent disappointment. Only recently has the U.S. auto insurance sector acknowledged ...
The Bottom Line: Why Property Insurers Need to Move Past IoT Exploration to Strategy Integration
Bottom-line impact from technology investments starts at the top for property insurers. At HSB and the IoT Observatory, we believe that simply offering sensor technology through InsurTech ...
Creating the Tipping Point for Insurance IoT: How HSB and Its Partners Are Creating a Playbook for the Future
Over the past several years, the property/casualty insurance industry's use of Internet of Things (IoT) has significantly accelerated. Beyond auto telematics, P/C insurers—from major carriers to ...
The State Farm Vision: Ecosystem Capabilities for the Insurer of the Future
A century-old insurer is evolving to help people manage the risks of everyday life, recover from the unexpected and realize their dreams in an increasingly hyperconnected world. The State Farm ...
More Than an Observer: Carbone Still Igniting Industry’s IoT Passion
There's an image accompanying the next article of this special report showing a closeup profile view of a visionary whose mind is connected to a network of things. (The State Farm Vision: Ecosystem ...
Why Totaled Auto Losses Are Hard to Pin Down This Year
Depending on what report you have read, totaled auto losses are up, down or relatively stable. Ever since the personal auto segment recorded a combined ratio of 112 last year—a figure not seen ...
Economic and Social Inflation: Insurance Claims Execs Preview 2024 Trends
In its Global Economic Outlook report for 2023 through 2025, Allianz reported that the company expects global inflation to fall to 4.3 percent in 2024, down two percentage points from 2023 levels. ...
Cats Where They Shouldn’t Be: ‘A Whole New Challenge’ for Claims Pros
The number of global climate catastrophes and weather events costing at least $1 billion reached 23 in 2023, eclipsing the record of 22 set in 2020, according to the National Oceanic and Atmospheric ...