Technology & Analytics
How Strategy Follows Technology
Any business in any industry is subject to the limitations of the technology available to bring products and services to consumers. The most sophisticated businesses are those that find the most ...
MGA reThought Insurance Nails $15.5M Investment to Boost Flood Insurance Market Push
The MGA reThought Insurance secured a $15.5 million investment round designed to accelerate its growth in the U.S. Commercial flood insurance market. Several investors participated in the Colorado ...
When a Digital Transformation Is Nearly Grounded at Takeoff
For months, our team carefully monitored the project timeline to see if there would be enough time to roll out a multimillion-dollar digital transformation for a leading re-insurance organization ...
Legacy Carriers Can Join Agentero’s Digital Agent Network as They Improve Their Tech Stacks
One of Agentero's pitches as an InsurTech startup is to connect insurance agents to "modern carriers" to help boost their revenue. Carriers, in turn, can use the California-based InsurTechs's ...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
Mining for Gold: Overcoming Challenges to Unstructured Text Data
Artificial intelligence (AI) is undeniably changing the insurance industry. Carriers are justifiably enthusiastic about the opportunities for improved efficiency and cost savings. Unfortunately, the ...
Insurance Software Company Earnix Acquires Assets of Telematics InsurTech Driveway Software
Earnix, a software company focused on insurers and banks, has acquired the assets of Driveway Software Corp., a telematics provider that relies on artificial intelligence. Financial terms were not ...
Former Tesla Exec Joins Metromile as Head of Data Operations
Metromile hired former Tesla executive Colleen Qiu as its new vice president and Head of Data, representing another recent high-profile executive hire from outside the insurance industry. In May, the ...