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CEO Interview: Metromile Shaking Up the Auto Insurance Industry With a Lifestyle Product
Metromile is one of the early InsurTech companies. It is also one of only a few InsurTechs that is really transforming the insurance business. Most InsurTechs focus on operating efficiencies in ...
How to Choose Third-Party Data With Predictive Power to Boost Your Results
This is the sixth in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. Making better ...
‘New Recipe’ Could Make Innovation Easier
Two years ago, when Michael Fitzgerald, a senior analyst at Celent, was interviewing Tim Attia, the CEO of Slice Labs, Fitzgerald asked Attia how much it cost to launch the InsurTech's first product. ...
Is Insurance Innovation Disruptive Enough?
Less than 10 percent of insurance carriers responding to a recent survey said they spend more than half their time on "disruptive innovation"—and that 10 percent figure has stayed roughly the same ...
Improve Retention and Increase Conversion by Getting the Most Out of Credit Data
In an era when insurers are increasingly reliant on data to automate underwriting and segment risk, lower new business application conversion has put pressure on company expense ratios. This is due ...
Five Leadership Lessons From an Insurance Industry VP
Over the course of my career, I've been fortunate—or purpose-driven enough—to have worked for companies that value leadership. One of my early jobs was with a wildly successful software company ...
Why Insurers Need to Offer Customers Self-Service Options
Today's smartphones are more powerful than the computer that once dealt a world-champion chess player his first loss. But when it comes to using the power of mobile to enhance the customer ...
Hippo Insurance’s CEO Looks Back on ‘A Banner Year’
Hippo Insurance was founded in 2015, started selling homeowners insurance policies online in 2017, and in October 2018, during its first policy year, faced one of the worst wildfire seasons in ...