Innovation News
Are You Tapping the Positive Innovation Energy in Your Company?
The insurance industry is facing seismic and unprecedented shifts on multiple dimensions. From increasing client expectations to new emerging risks, from the emergence of robo-underwriters to the ...
Slice Labs, Marketing On-Demand Insurance Platform, Raises Another $20M From Multiple Carriers
Slice Labs disclosed it has pulled in another $20 million in venture financing, with plans to use the money to accelerate globalization of its platform that enables on-demand insurance. The ...
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...
InsurTechs, Mutual Insurers Gain Plenty by Joining Forces: A.M. Best
Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual P/C insurance companies continue to face ...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Collaborators
Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the InsurTech space. The Swiss insurer launched what it is calling ...
Travelers CEO Schnitzer: Agents, Brokers Have a Place, Even With InsurTech Investments
Travelers Chairman and CEO Alan Schnitzer said that independent agents and brokers still have a place with the insurer even as it continues exploring InsurTech innovations for its operations. "Yes, ...
Lloyd’s Begins Search for Transformative InsurTech Talent
Lloyd's of London has begun a search for InsurTech talent that can help grow and advance its digital capabilities. The venerable specialist insurance/reinsurance market said the process will take ...
CNA Formally Launches Shiny New HQ
CNA moved into a new state-of-the-art global headquarters, marking its official opening on June 1. The Chicago-based insurer's new space at 151 North Franklin Street in Chicago's Loop business ...