Innovation News
Markel, EMC Join Global Insurance Accelerator Program
Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business focused on developing innovative insurance-centric startups. Eight insurers are already participating ...
Fresh Strategies, Experience, Tech and Innovation Can Help Insurers Succeed
If guesswork is the enemy of business efficiency, then precision is efficiency's closest friend. Whether speaking about an automaker's assembly line or a consumer's wireless communications, this ...
P2P Insurance Startup Lemonade Makes New York Debut; Further Expansion ‘In Due Course’
Peer-to-peer insurance startup Lemonade is open for business in New York, nine months after the startup's debut and initial venture funding announcement. The New York-based company said that it now ...
XL Catlin CEO McGavick: Some P/C Industry Products Now ‘Shop-Worn’
The insurance/reinsurance industry needs to innovate and become more efficient. It is facing more risk, but premiums are declining. Some of its products have become shop-worn and less relevant. ...
Customers Can Be Wary of Innovative Brands
Could having a reputation as an innovative brand actually have a downside? That's the question Kelly Goldsmith, an assistant professor of marketing at the Kellogg School, was looking to answer with a ...
Liberty Mutual Debuts Insurance Service for Amazon’s Alexa Voice-Controlled Device
Now shopping for insurance is simpler than ever. Just speak up. Liberty Mutual Insurance has launched the first insurance-focused service for Amazon's Alexa, a voice-controlled device that plays ...
Trov Teams With Munich Re for 2017 U.S. Launch of On-Demand Insurance Platform
Trov, an on-demand insurance startup, is revving up plans to enter the U.S. market in 2017, by way of a partnership with Munich Re. Plans call for phasing in Trov's on-demand insurance into all 50 ...
Uber-Like Video Service Lets Adjusters Assess Damage from Their Desks
A new service promises to provide insurance claims adjusters with videos of losses without them ever having to leave their desks. The videos would be supplied by an Uber-like network of smartphone ...