Technology & Analytics
The Latest Launches From Tokio Marine and Axon
Tokio Marine is partnering with an InsurTech startup to use artificial intelligence as part of its auto damage evaluations. Axon Underwriting Services LLC is debuting a new offering as part of its ...
Quantum Computing Risks Overblown: Insurer Use Cases Revealed
Within financial services, quantum computing is getting a lot of attention. Recent publicity is flourishing, thanks to quantum commercialization efforts. Fears about the worst-case scenario—the ...
Industry Needs to Reinvent Itself to Stay Relevant: McKinsey
The insurance industry has proven its resilience in recent years, weathering billion-dollar natural catastrophe events, increased cyber risk and now a pandemic, but this resilience will be tested ...
CM Virtual Summit Preview: Future InsurTechs Might Rely More on Bootstrapping
While the coronavirus pandemic is widely expected to force a big drop in InsurTech venture capital investment, some experts suggest the industry will still see plenty of startups. This time, however, ...
8 Things That Will Never Be the Same in Insurance After COVID-19
More than any human, COVID-19 is driving a digital transformation of the insurance industry. Everything about the way the industry has traditionally worked is under challenge due to the quarantine, ...
Why Leveraging AI Now Will Improve Customer Experience in the Future
Insurance customers don't have lofty expectations. They simply want a fairly priced policy that fits their lifestyle, prompt and efficient solutions, and authentic interactions. And the majority ...
Why New York Circular Letter No. 1 Matters to P/C Insurers
The topic of New York's Insurance Circular Letter No. 1 (2019), issued on Jan. 18, 2019, came up frequently during conversations with insurers in January and February (before the 2020 Pandemic became ...
Venture Funding Drop Leaves Digital Insurers Vulnerable to Takeover
Some digital insurers will be in serious jeopardy as standalone companies in the months ahead, thanks in part to a big coronavirus crisis-related drop in venture funding. That reality, in turn, could ...