Technology & Analytics
How to Evaluate Imagery-Based AI Solutions
It's been broadly established that imagery-derived data provides benefits to both property insurers and reinsurers, across a variety of use cases. These use cases touch most aspects of the carrier ...
How Root Insurance Did What Other Insurers Only Imagined
Having achieved unicorn status with a $1 billion valuation less than two years after its official October 2016 debut, InsurTech carrier Root Insurance Company may seem like an overnight success. The ...
Did You Know? Auto and Renters Risks Correlated
To Alex Timm, CEO of Root Insurance Company, the auto insurance carrier's recent move into the renters insurance market seemed like a natural extension for its customer base given that 70 percent of ...
InsurTech Investments Reach New Highs, Even as Many Startups Quietly Shut Down
InsurTech investments reached an historic high in 2019, according to a new briefing on the sector from Willis Towers Watson. But 2019 also capped a three-year period where many InsurTech startups ...
Slice Labs Rolls Out Four AI, Machine Learning-Focused Risk Reduction Services
Slice Labs said it has started marketing four new services centered around artificial intelligence and machine learning that are designed to more proactively and intelligently protect carriers, ...
Corvus CEO Edmundson: InsurTech and Cyber Cover Offer a Potent Mix
Cyber continues to be a fast-evolving risk. But Phil Edmundson, founder and CEO of the Boston-based InsurTech-focused managing general agent, said his company's strategy takes that into account. "The ...
Is the Industry Ready for the Fourth Industrial Revolution?
Industry transformations occur when the pain of staying the same is suddenly greater than the pain of changing, according to Karen White, CEO of RMS. "The second thing that has got to be present for ...
InsurTech M&A: Coalition, Xceedance and Insurity
Coalition acquired a company focused on scanning and cybersecurity. Xceedance bought an outfit centered around insurance operations and technology services. Insurity, Inc. snatched up a company that ...