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Pandemic Challenges Driving Auto Insurers Further Into a Hard Market
A microchip shortage. Logistics industry backlogs. Supply and labor challenges. Worsening driver behavior. Social inflation. These are just a few challenges the auto industry is currently grappling ...
Real-Time Tech: Supply Chain Analysis Tools
Transparency is the key to managing supply chain risk. But some businesses only focus on selective financial information from their suppliers, which can leave them exposed. Beyond creditworthiness, ...
An Aerial View Into Reducing Claims Leakage
Claims can be a high-stress and high-stakes process for carriers and policyholders. Often called the "moment of truth," the claims process can dictate the moment when the client is secured for life ...
Pay-As-You-Go Cargo MGA Closing Insurance Gap for Shippers
Small and medium-sized businesses, which make up a huge portion of freight moved globally, have long struggled with underinsurance because traditional insurance products just have not met their ...
The Secret Life of an InsurTech CEO Leading a $5B Cybersecurity MGA
In the early aughts, when Shardul Shah first met technology entrepreneur Joshua Motta as undergraduates at the University of Chicago, Motta seemed unusually reserved. "I found it challenging to meet ...
Tractable’s Next Move: AI Property Claims Assessment Before Damage Photos
Tractable, an InsurTech that revs up auto claims assessment processes using artificial intelligence that's trained on photos of dented cars, is now teaching machines to handle property disaster ...
How Insurers Can Retain Skilled IT Talent With Workload Automation and Orchestration
Insurance companies faced a growing labor shortage before the pandemic, but now the challenge of hiring and retaining skilled workers is even more significant. In late 2021, millions of Americans ...
InsurTech Founders Say Launching an MGA Means Learning to Juggle
Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference. "I don't ...