Technology & Analytics
P/C Tech Trends to Watch: CB Insights NExTT Framework
What's NExTT? It's a question that CB Insights analysts asked—and answered—in a recent report about trends in property/casualty insurance technology, finding that eight of the 17 emerging ...
A Carrier Management Special Event: Is Insurance Innovation Overrated?
Leaders working in property/casualty insurance and reinsurance agree that innovation is a business imperative for their firms, but each define the term slightly differently, and they say metrics to ...
Insurance Industry Ripe for Human-Centered Innovation
The key to innovation in the insurance industry is "outside-in" thinking, according to an executive from Nationwide, who uses the term to reinforce the idea that customer-centric mindsets are the ...
Betting on Breakthrough Innovation: Shoot for the Moon
While it is often easier for P/C insurance and reinsurance executives to rally around incremental innovations, in order to really transform their organizations they need to fund some moonshots, ...
Flyreel Raises $10M for AI Underwriting and Claims Technology
Flyreel, an artificial intelligence startup focused on claims technology for residential and commercial property insurers, raised $10 million in Series A financing from investors including Guidewire ...
Zywave Snatches Up Advisen in Move to Accelerate Global Growth
Insurance technology company Zywave snatched up Advisen, a global insurance data provider, in a deal expected to fuel more rapid international growth. The acquisition includes WCL, a UK-based Advisen ...
Lloyd’s Abandons Plan for Proprietary Electronic Exchanges in Favor of Outside Vendors
Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial ...
CoreLogic Discloses Strategic Review That Includes Possible Sale
Data and analytics firm CoreLogic disclosed that its board is conducting a strategic review of its operations, with a goal of "maximizing shareholder value." That's a nebulous term that can end up ...