Technology & Analytics
How to Avoid Litigation With Pre-Suit Claims Analytics
Litigated claims are a key driver of increasing loss and expense ratios for property/casualty insurance carriers. Data-driven approaches—in particular, suit avoidance techniques and proactive ...
For Insurers, Digital Ecosystems Are Now Vital Economic Tools
It is clear that traditional end-to-end business models are breaking down in every industry, including insurance. In the digital era, the standards of service are continually rising, making it ...
Two Private Equity Firms to Take CoreLogic Private in $6B Deal
Data and analytics firm CoreLogic has agreed to be acquired by two private equity firms for about $6 billion. Funds managed by Stone Point Capital and Insight Partners are set to snatch up all ...
Cyberscout to Be Acquired by Sontiq, an Identity Security Company
Cyberscout, a provider of cyber risk analytics for insurers and reinsurers via a proprietary platform, is set to be acquired. The new owner-to-be: Sontiq, an identity security company with a number ...
Insurance Verification Platform TrustLayer Raises $6.6M
TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance agencies and others. "We're honored to have the ...
Carriers Will Gain Plenty in 2021 by Tackling Their Tech Challenges
As we headed into 2020, and prior to the impact that resulted from the pandemic, many carriers had made investments to digitize. But amid many business priorities is where digital transformation ...
What the NAIC’s Guiding Principles on AI Say
"AI will be life-changing for insurance companies and consumers alike, raising the question of how regulators can ensure that models and algorithms and machine learning don't simply scale-up the bad ...
Consumers Willing to Share Personal Data With Insurers Despite Data Security Concerns
If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to ...