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.
Read moreLive 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.
As insurtech enters what’s being called its “second wave,” experts are suggesting companies target 5 key areas to sustain growth.
–BrokerTech Ventures, the world’s largest broker-led accelerator and insurtech community, announced today the addition of Leavitt Group as a partner. Leavitt Group, one of the nation’s largest privately held insurance brokers headquartered in Cedar City, Utah, joins 13 brokers and 14 carriers, wholesalers, and community partners to strengthen the vast BTV…
For the first time in the company's history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio- based parent company of Root Insurance founded in 2015 recorded third quarter net income of about $23 million compared to a net loss of about $46 million a year ago during the same period. For the year thus far, Root Inc. is also in the positive with net…
NEW YORK, NY, UNITED STATES, November 6, 2024/ EINPresswire.com/– MIC Global, a pioneering full-stack embedded micro insurance provider, is pleased to announce a new partnership with leading InsurTech company VOOM Insurance, to provide reinsurance to its rideshare business. This strategic collaboration aligns perfectly with MIC’ s mobility book and…
The innovations of companies like Uber, Lyft and Turo offer exciting options for consumers and small businesses, but they have also created complexity in the insurance space.
A legal expert is urging insurers to keep abreast of the risks associated with one of the most complex forms of cyber crime: deepfakes.
Having perfunctory skills in artificial intelligence is now “table stakes” for new hires in the insurance marketing world.
The American insurtech landscape has entered a “second wave” that’s all about collaboration and partnerships, says the Cover Genius CEO.
Prudential Financial, a financial services company, issued the following news:. Prudential Financial, Inc., a global financial services leader, has announced a strategic partnership with 123 Seguro, a leader in digital insurance transformation in Latin America and one of the region's largest digital insurance platforms. Beginning in 2024, Prudential and…
The proliferation of so-called “financial experts” using half-truths and polished scripts to peddle life insurance on TikTok and YouTube is concerning to many in the industry.
Massachusetts Mutual Life Insurance Co. is folding its insurtech subsidiary Haven Technologies at the end of the year.
A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry.
Insurtechs should view a “junk fees” crackdown as an opportunity to show value and establish trust, Cover Genius CRO says.
The global insurance chatbot market has experienced enormous growth and is expected to hit nearly $4.5 billion by 2032.
According to a report by research firm Grand View Research, this segment is expected to grow by 52.7% annually between 2023 and 2030, and reach revenues of US$ 152.43 million during this period. "The trend is for insurance companies, brokers and policyholders to increasingly adopt technologies to improve operational efficiency, enhancing experiences and…
We’re witnessing a revolution in the insurance industry, and it’s all thanks to insurtech. This exciting blend of insurance and technology is shaking things up, bringing fresh ideas and cutting-edge solutions to a sector that’s been around for centuries. According to FintechZoom.com, insurtech is transforming how insurers operate, making insurance more accessible, efficient,…
An Overview of the Insurtech Market: Current Trends, Industry Analysis& Opportunities, and Forecast. NEW CASTLE, DE, UNITED STATES, October 9, 2024/ EINPresswire.com/– Allied Market Research recently released a report focuses on the“ Insurtech Market.” According to the research report, the global insurtech sector is predicted to gain a revenue of $158,994.52…
