Technology & Analytics
Confessions of a Diehard Data Fan: ACORD CEO Pieroni (Part 2)
After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD's latest study, "Intelligent Growth: Intent, Decisions, Outcomes," he sat down with Wells Media's Andrew Simpson to talk ...
ACORD Study Results: Loser Lessons
As for the waning carriers, why did they wane? Why didn't they grow and why did they achieve inferior economics? Pieroni said there are a number of reasons but the top ones include inability to ...
How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study
Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then there are the "intelligent growers"—those that succeed at both, not only growing ...
Aon Acquires CoverWallet, Coveting the Growing Small Biz Digital Insurance Marketplace
Aon said it has agreed to acquire InsurTech startup CoverWallet in a bid to boost its presence in the growing digital insurance market for small and medium-sized business customers. Neither side ...
CyberCube Analytics Pulls in $35M Financing, With Plans to Broaden Marketing Efforts
CyberCube Analytics, a cyber risk analytics startup focused on the insurance industry, pulled in a $35 million financing to help fuel further growth. The San Francisco-based InsurTech said it will ...
Allianz, Microsoft Partnership Seeks Industry Transformation Through Open-Source Software
Allianz SE and Microsoft Corp. are partnering to reimagine the insurance industry experience for carriers and customers, in part through greater use of digital technology and the cloud. Their ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...
Beyond RPA: Why Insurers Need to Catch the IPA Wave
The insurance business is fueled by documents—contracts, policies, appraisals, claims, proposals, compliance requirements, customer service logs and more. These pieces of content make up over 80-85 ...