Innovation News
Chubb Chief Digital Officer Ringsted Sounds Off on Innovation, ITC and the Future
Sean Ringsted was one of the 7,000 or so people who attended the 2019 InsureTech Connect Conference, held Sept. 23 to 25 in Las Vegas. Ringsted is executive vice president, chief digital officer and ...
Ways for Insurers to Master the Art of Innovation
Insurance industry conversations about digitalization have noticeably shifted. A growing number of carriers now see InsurTechs not as existential dangers to their business models, but rather as ...
The Future of InsurTech Innovation Is Intertwined With Regulation
It's no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and InsurTech industry ...
The Need for Both Innovation and Cybersecurity Forces Businesses to Strike a Balance
Companies are working to balance their desire for new innovations with their need for strong cyber defenses, a new report from CompTIA, a technology industry trade association, finds. CompTIA's ...
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...
InsurTech HomeZada Wins NAIC Startup Pitch Competition
A consumer home management software startup won the National Association of Insurance Commissioners' startup pitch competition. The winner is California-based HomeZada, an InsurTech whose consumer ...
Chubb, Chaucer, Other Lloyd’s Underwriters Team to Develop Products for New and Emerging Risks
Lloyd's underwriters including Chubb, Chaucer, Beazley and Hiscox are teaming up on a new initiative designed to quicken insurance/reinsurance product development for new and emerging risks. Known as ...
Managing Innovation Using a Managing General Agent
Digital disruption has reached the commercial insurance industry. Digital technologies are being harnessed in new ways that fundamentally alter value propositions and enable new business models. Many ...