Technology & Analytics
COVID Shutdowns Drive Demand Surge for Allstate’s Pay-Per-Mile Insurance
The COVID-19 shutdowns that swept the U.S. have been a boon for a newer auto-insurance product: pay-per-mile coverage. During the pandemic, Allstate Corp. has seen interest surge in its Milewise ...
Aon Launches Protection for COVID-19 Vaccine Shipments Through New Industry Collaboration
Global professional services firm Aon plc has introduced a new offering, through broad industry collaboration, that will provide supply chain protection for global COVID-19 vaccine shipments. Using ...
Property/Casualty Insurers’ Technology Goals for 2021
The onset and continuation of the COVID-19 pandemic made everyone—property/casualty insurers included—respond quickly and reevaluate their priorities. Now, as global premiums rebound, insurers ...
American Family Joins Clearcover’s $200M Funding Round; Digital Auto Insurer Plans Rapid Expansion
Clearcover has secured a massive $200 million round of venture capital financing, and the digital auto insurance startup plans to use the monetary infusion to fuel product development and expansion, ...
InsurTech Summit Preview: Post-Pandemic InsurTech Usage Is at a ‘Leap Forward Moment’
Property/casualty insurers have talked for years about the need to modernize and embrace technology in order to serve their customers better. COVID-19 came along and rapidly quickened the process, ...
How to Lower Legal Expenses, Improve Litigation Outcomes With Analytics
Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and ...
How to Achieve True Digital Transformation in Insurance
Over the last several years, businesses across all industries have been busy implementing digital strategies and fundamentally changing how they operate and deliver value to customers. Yet, digital ...
Aclaimant Raises $15M to Expand Safety/Risk Management Software Lineup and Reach
Aclaimant nailed down $15 million, venture capital financing the safety and risk management insurance technology startup will use to fuel further product innovation, hiring, marketing, sales and ...