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Insurtech

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InsurTech Market size to increase by USD 77.41 Billion between 2023 to 2028, Market Segmentation by Application, Deployment, Geography, Technavio

January 20, 2025

–The global insurtech market size is estimated to grow by USD 77.41 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of over 42.35% during the forecast period. Application 1.1 Marketing and distribution 1.2 IT support 1.3 Claim management 1.4 Policy administration and management 1.5 Others Deployment 2.1…

January 15, 2025

AI: Speeding up the underwriting process

Advances in technology are producing better data, which leads to faster, more accurate and less invasive underwriting.

January 15, 2025
Person dressed in business attire and blindfolded, with a background of AI technology and symbols. Could-a-lack-of-vision-be-key-to-an-AI-readiness-gap-in-insurance.

Is ‘lack of vision’ key to the AI readiness gap in the insurance industry?

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.

AI startups raise more in 2024

January 15, 2025

Artificial Intelligence startups in the United States raised 30 percent more in venture funds last year than in 2023, despite the fact that large companies developing this technology such as Sam Altman’s OpenAI or Elon Musk’s xAI have not reported profits, specialists indicated. The enthusiasm for AI technology, sparked in large part by the resounding…

January 10, 2025
Illustration of a robotic head against a backdrop of numbers. Expert-suggests-AI-broadening-actuarial-mindset-in-insurance.

Expert suggests AI ‘broadening’ actuarial mindset in insurance

Advancements in AI and big data are gradually changing the traditional actuarial practice, according to an industry expert.

January 7, 2025

AI: achieving a balance of efficiency, accuracy in in life insurance underwriting

By combining human expertise with AI’s processing power, carriers can make progress in achieving a balance between efficiency and accuracy in underwriting.

January 6, 2025

How the life insurance industry can restore its relevance

Structural forces that could help the industry find new life.

January 6, 2025
Informational graphic from Waterlily. Waterlily-Taking-the-guesswork-out-of-LTC-planning.

Waterlily: Taking the guesswork out of LTC planning

Long-term care planning is a challenge for advisors and clients alike. What is the likelihood that a client will need care someday?

January 5, 2025
Sue WIlkinson, President and COO of Ameritas.Building-AI-With-Intention-A-conversation-with-Ameritas-Sue-Wilkinson.
Sue Wilkinson, president and COO of Ameritas, talks about how the insurer is adopting AI with a “walk-before-you-run” strategy.

Building AI With Intention: A conversation with Ameritas’ Sue Wilkinson

Sue Wilkinson, president and COO of Ameritas, talks about how the insurer is adopting AI with a “walk-before-you-run” strategy.

January 2, 2025
Business executive sits in front of a console full of financial graphs and charts, with "IPO" appearing on the console. PwC-Trump-administration-could-resurrect-IPO-market.

Could the Trump admin resurrect the IPO market?

The incoming Trump administration could potentially revitalize the U.S. initial public offering market, one expert says.

December 23, 2024
Photo illustration showing a game board with many pieces and a playing piece with the image of the U.S. Capitol dome and a question mark. Cyber-security-regulation-under-Trump-a-question-mark-for-now,

Expert: Cybersecurity regulation under Trump a question mark for now

With the top U.S. cybersecurity official making her exit, the incoming administration’s next move anyone’s guess.

December 19, 2024
Man in business attire is holding a financial paper, but is blindfolded. Are-insurtechs-overlooking-the-basics-of-fraud-detection.

Are insurtechs overlooking the basics of fraud detection?

While insurance companies are concerned about emerging AI fraud challenges, an industry expert suggests they focus on the basics for now.

December 18, 2024
Image of two insurance industry workers reviewing impacts of technology. MGAs-embrace-technology-to-lead-insurance-industry-innovation.
Managing General Agents (MGAs) are increasingly turning to technology to stay competitive and drive innovation in the insurance industry.

MGAs embrace technology to lead insurance industry innovation

Managing General Agents (MGAs) are increasingly turning to technology to stay competitive and drive innovation in the insurance industry.

December 13, 2024

How cloud technologies can help agents serve more older Americans

Cloud technologies are already making a difference for agents, and they’re becoming more powerful by the day.

December 12, 2024

AI in life and health: What to expect into 2025 and beyond

Here are seven top AI trends worth following.

Opportunities in insurtech seen after two years of lower investment

December 11, 2024

The insurance technology sector received less investment for two consecutive years, 2022 and 2023, according to the Insurtech Global Outlook 2024, prepared by the consulting firm NTT DATA. "All of them are coexisting at the same time in the Mexican market, making investments and managing to continue growing, this is something very particular to the Mexican…

December 10, 2024

How AI and tech will impact insurers in 2025

A few key trends and developments are expected to define the insurance industry’s future.

Top Gen AI trends to impact insurers and MGAs in 2025

December 10, 2024

Generative AI has led to constructive disruption in the insurance industry, helping streamline operations, enabling more tailored and profitable product offerings, improving fraud detection, and supporting faster, more informed policyholder services in policy and claims management.

December 6, 2024
Image of a person struggling to build a robot, surrounded by pieces. Building-vs-buying-an-AI-solution-What-should-insurtechs-consider.

Building vs buying an AI solution: What should insurtechs consider?

Insurtechs and insurers leveraging AI are considering whether to build or buy their solutions. What’s the best answer?

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