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Insurtech

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February 24, 2025

How insurers can take control of compliance before it controls them

Many insurers still struggle to keep up with compliance.

Will cryptocurrencies trigger the new great financial crisis?

February 18, 2025

In 2022, around the time of the FTX crisis, I wrote a column on the risks posed by cryptocurrencies. More than two years later, when Elon Musk just stonewalled the Consumer Financial Protection Bureau- which was investigating several cryptocurrency companies and digital payment apps-digital currencies will likely work their way much deeper into the…

Current Climate: DOGE Cuts Are Undermining Wildfire Readiness

February 17, 2025

In this week’s Current Climate newsletter, DOGE cuts are creating worries over wildfire preparedness; Tesla feeling blowback from Elon Musk; using AI to protect whales

February 17, 2025
Person wearing a sweatshirt with "2025" on the back stands on a cliff looking out onto the horizon, over a landscape that includes many symbols for technology. Panel-AI-alone-wont-be-enough-to-carry-insurtechs-in-2025.

Panel: AI alone won’t be enough to carry insurtechs in 2025

Strategic innovation, more so than strictly generative AI, is needed to drive insurtech development in 2025, panel says.

February 11, 2025
Illustration with the words "Google "E.E.A.T." with the legend "SEO Basics." SEO-Basics-What-is-Google-E-E-A-T-and-how-to-use-it.

SEO Basics: What is Google E-E-A-T and how to use it

SEO expert John Dietrich explains how insurance agents and financial advisors can increase traffic and qualified leads using Google’s E-E-A-T guidelines.

February 10, 2025
Image of a Manulife office building overlapped with symbols and icons representing AI and other technologies.

Leveraging AI ‘key’ to Manulife’s digital innovation, says CMO Karen Leggett

Implementing generative AI is a “key component” of Manulife’s strategy to become the most digital-centric company in the industry.

February 10, 2025
Illustration of a man standing in front of a drawing board mapping out a plan for implementing AI, with many question marks showing. Are-life-insurers-underestimating-their-ability-to-implement-AI.

Are life insurers underestimating their ability to implement AI?

believes they may be underestimating their capabilities.

Judge upholds Democratic prosecutors’ request to stop Elon Musk’s DOGE from accessing confidential Treasury-held data

February 9, 2025

A federal judge on Saturday temporarily blocked access by the Elon Musk-led Department of Government Efficiency to Treasury Department records containing sensitive personal data, such as the Social Security or bank account numbers of millions of Americans. Judge Paul A. Engelmayer barred access to the payment systems and other Treasury data to "all…

Federal judge blocks Elon Musk's DOGE from accessing sensitive US Treasury Department material

February 8, 2025

A federal judge early Saturday blocked Elon Musk’ s Department of Government Efficiency from accessing Treasury Department records that contain sensitive personal data such as Social Security and bank account numbers for millions of Americans. The payment system handles tax refunds, Social Security benefits, veterans’ benefits and much more, sending out…

February 7, 2025
Illustration of a robotic insurance agent with dollar signs in his googles. First-AI-insurance-broker-targets-coverage-gaps-aiding-agents

1st ‘AI insurance broker’ targets coverage gaps, aiding agents

A specialty wholesale insurance brokerage seeks to “digitize human knowledge” to address coverage and service gaps.

February 7, 2025
Photo illustration of the numeral 8 amid a cluster of technology, with one circuit labeled "2025." 8-trends-that-will-impact-insurance-in-2025.

Top 8 trends that will impact insurance in 2025

Now is the time to reshape the insurance industry’s business model and technology foundation, according to a Majesco white paper on trends impacting the future of insurance in 2025.

February 4, 2025

Health coverage redefined through innovative self-funded solutions

These new models combine specialized solutions and tailored offerings to serve overlooked segments, such as gig and part-time workers, associations and businesses looking for new ways to address rising costs.

February 3, 2025
Illustration of AI-like technology symbols with the word "Pre-Qualification" overlaying the image. Newly-patented-AI-insurance-pre-qualification-tool-goes-a-step-further.

Newly patented AI insurance pre-qualification tool goes a step further

A newly patented AI-powered insurance software tool takes the pre-qualification process a step further, say its developers.

DeepSeek: Smaller and cheaper may be better in AI arms race, says leading investment bank

January 28, 2025

Chinese startup DeepSeek’s meteoric rise is making many people wonder if adding more computing hardware is still the best way to boost artificial intelligence (AI), according to new research from Deutsche Bank. Drawing an analogy with the EV sector, the paper asks: Do you do not need a high-end Tesla Model X car just to run quick errands, when perhaps the cheaper BYD can handle…

Upstart Chinese AI company DeepSeek's founder started out as a low-key hedge fund entrepreneur

January 28, 2025

—The 40- year-old founder of China’ s DeepSeek, an AI startup that has startled markets with its capacity to compete with industry leaders like OpenAI, kept a low profile as he built up a hedge fund and then refined its quantitative models to branch into artificial intelligence.. Liang Wenfeng, who founded DeepSeek in 2023, was born in southern China's Guangdong…

DeepSeek told by DeepSeek: "US sanctions have accelerated Chinese innovation in AI".

January 28, 2025

DeepSeek, the Chinese artificial intelligence that has shaken the foundations of Silicon Valley’s technological giants, is not very self-aware. But this digital mastermind, capable of chatting in real time, is quite clear about the geopolitical context of its birth, and that US restrictions on access to the most advanced chips in China have contributed to its…

January 27, 2025
Image of a judge's gavel in the foreground, with a nuclear explosion in the background. Brother-sister-duo-develops-new-software-to-alert-insurers-to-nuclear-verdicts.

Brother-sister duo develops software to alert insurers to nuclear verdicts

With nuclear verdicts on an “alarming” rise, a brother and sister have teamed up to develop software to put insurers on alert.

January 23, 2025
Image of several RIA sitting around a table, with one saying, "SEO: I don't know what that is, and at this point, I'm afraid to ask." Is-technophobia-costing-RIAs-millions-in-passive-SEO-leads.

Is technophobia costing RIAs millions in passive SEO leads?

Hesitancy to leverage technologically driven marketing strategies could be costing RIAs hundreds in passive SEO leads every month.

January 23, 2025
Illustration of the many computerized part of an automobile and the scales of justice. Lawsuits-target-use-of-driver-data-by-insurers-automakers.

Lawsuits target use of driver data by insurers, automakers

Recent lawsuits allege driver data from embedded auto technology and mobile apps is being used unethically and illegally.

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