carriers and digital technology Archives

Like Tech Entrepreneurs, Carriers Should Closely Track a Rapidly Changing World

For carriers seeking to innovate and digitize their operations, an awareness of a rapidly changing world and the need to continually adapt to it can help ensure success. Maintaining a strategic ...

Millennial Customers Open to Leaving Carriers for Upstart Insurance Rivals: Bain & Company

Traditional carriers have a big problem on their hands in terms of keeping millennial customers from switching to upstart rivals. A large majority of millennials are open to switching to upstarts ...

Digital Carrier Next Insurance Starts Offering Commercial Auto Insurance Policy

Digital carrier startup Next Insurance is debuting its first commercial auto insurance policy. Small businesses can now purchase a commercial car insurance policy separately from Next, or at a ...

Munich Re Will Buy an IoT Startup Focused on Business Clients’ Digital Needs

Munich Re said it will acquire relayr, an Internet of Things-focused software company the reinsurer claimed is valued at $300 million. The acquisition is taking place through Munich Re subsidiary ...

Carriers’ Slow Adoption of Digital Tech Hampers Agents’ Push to Do the Same

Insurance carriers' slow pace in adopting digital technology is hampering agents' push to do the same, according to a new industry survey from the Insurance Digital Revolution Initiative. The IDR ...