Technology & Analytics
Carriers Will Gain Sales and Loyalty by Supporting the Digital Marketing Evolution
When it comes to obtaining insurance coverage, who are consumers ultimately buying from? Data shows that in 2020 about 60 percent of property/casualty policies are sold by independent agents. There ...
Six Critical Capabilities to Transform Insurers’ Digital Payment Platforms
During COVID-19 lockdowns and other related challenges, many insurers began realizing the more urgent need to automate parts of their businesses to increase efficiencies and profitability. In fact, ...
Sayata Raises $17M; Broker Platform to Expand Beyond Cyber
Sayata has raised $17 million in new venture capital and has a broad growth strategy in mind. The Massachusetts-based InsurTech startup has a platform designed to help wholesale brokers and carriers ...
How Nationwide Is Using Telematics to Transform Commercial Auto Insurance
The hyperconnection between people, machines and organizations is a pervasive megatrend that characterizes our society in any aspects, at any level, in any part of the world. The Internet of Things ...
A Repeatable Model for Using IoT to Transform Commercial Insurance
Traditional insurance products focus on risk transfer. Insurers compete based on their ability to use historical loss information, data gathered during the submission process and other data from ...
Cowbell Cyber Starts Using APIs to Broaden Capacity for Cyber Coverage Distribution
Cowbell Cyber has begun using APIs, technology that it said will drastically streamline the distribution of its cyber coverage and expand the company's market reach. "Providing API [application ...
‘Have Your Computer Talk to My Computer’: Caribou Honig Dissects Embedded Insurance Trends
Embedded insurance is becoming increasingly ubiquitous. But it is important to remember the concept isn't exactly new, nor is it likely to be fleeting, according to an industry expert. "It's ...
DigiSure Raises $13M, Rolls Out Platform for Individualized Microinsurance Policies
InsurTech startup DigiSure raised $13 million in fresh financing and is now rolling out a digital platform designed to offer individualized microinsurance policies for mobility and shared economy ...