The latest insurtech trends and technologies, and their applications across the insurance industry.
Live from the ITC 2024 Vegas conference, InsuranceNewsNet Publisher Paul Feldman interviews leaders from Xcela, an AI-driven platform designed to simplify and accelerate the insurance sales and underwriting processes.
Live from ITC 2024 Vegas, InsuranceNewsNet Publisher Paul Feldman interviews Matthew Segreti, CTO of LIDP, a firm specializing in policy administration for life and annuity products.
Live from ITC Vegas, discover how Emtech is helping Insurance Companies and Insurtechs transform their QA their software projects faster and more efficiently than ever.
With nuclear verdicts on an “alarming” rise, a brother and sister have teamed up to develop software to put insurers on alert.
Hesitancy to leverage technologically driven marketing strategies could be costing RIAs hundreds in passive SEO leads every month.
Recent lawsuits allege driver data from embedded auto technology and mobile apps is being used unethically and illegally.
Advances in technology are producing better data, which leads to faster, more accurate and less invasive underwriting.
The AI readiness gap between insurance companies ready to adopt AI and those that aren’t, may boil down to a lack of vision, says one expert.
Advancements in AI and big data are gradually changing the traditional actuarial practice, according to an industry expert.
By combining human expertise with AI’s processing power, carriers can make progress in achieving a balance between efficiency and accuracy in underwriting.
–Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced the launch of Ask Integrity™ Shoppers, an innovative enhancement to its revolutionary Integrity AI-powered and voice-activated assistant. "Through ongoing innovation and a focused…
Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, has been honored by Datos Insights with a 2024 Insurance Technology Impact award for its Registered Index-Linked Annuity Digital Ecosystem. “We are honored to receive this recognition from Datos Insights, which highlights the work our teams have done to…
In 1999, Musk co-founded an online financial services company with the same name alongside three other people. X.com merged in 2000 with Confinity, which developed the PayPal electronic payment system. The tweet exchange comes as Musk battles Twitter in court over the Tesla CEO's attempt to pull out of a deal to buy the social media company.
–KoverNow, an insurtech start-up company based in Singapore, offering mobile consumer insurance services via its app, has released new research into millennial purchasing and risk attitudes to insurance. The survey, of over 500 millennials of the estimated 1.5 million living in Singapore, shows that their attitudes to risk and purchasing insurance services…
Gen Z’s identity and digital are inextricably linked, blending the physical and digital worlds as never before. They are far more likely than other generations to believe in the positive impact of technology on the world. 64% think artificial intelligence will have a positive impact and 66% believe the Internet will bring us closer together.
Congress and the Federal Reserve have pumped nearly $3 trillion into the U.S. economy to combat the damage caused by the coronavirus, and are currently considering a fresh relief package. But new research finds that it is not helping businesses unable to convert to work-from-home activities.
–Traditional insurance carriers, beset by slow growth and high churn, are seeking new ways to attract and retain customers. Working with Dynata, an online global market research company, Bain& Company surveyed nearly170, 000 insurance customers in 16 countries and found that worldwide, 39 percent of insurance customers currently use at least one connected…
Insurance-quote websites designed to resemble the government-run marketplaces spend millions of dollars for top billing on Google when people search keywords like “Obamacare plans,” “ACA insurance,” and even “healthcare.gov.” Rather than selling insurance directly, they hand off consumers to agents.
InsurTech investors completed 85 deals with a total value of $1.42 billion during Q1, 2019, marking the third-straight quarter to deliver more than $1 billion in funding. Deal count increased by 35% over Q4, 2018, although total funding decreased by 11%.
In the 10 years since the current bull market began, just one stock has remained among the Top 5 most valuable companies: Microsoft. Back then, Microsoft was the only technology company in the group. Now, it’s joined by three others: Apple, Amazon, and Google’s parent company, Alphabet.
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Allianz Life Insurance Company of North America.
