Straight-Through Processing Becomes Reality Artificial intelligence is enabling insurance carriers to achieve straight-through claims processing, where routine claims are filed,…
Distributed Ledger Technology Enters Reinsurance The reinsurance industry, long characterized by manual processes, bilateral negotiations, and reconciliation delays, is adopting…
Insurance at the Moment of Purchase The traditional model of buying insurance through a broker or a standalone website is…
A Booming Market Meets Modern Underwriting Pet ownership surged during the pandemic, and veterinary costs have followed an upward trajectory…
Cyber Risk Demands a New Underwriting Paradigm The cyber insurance market has grown rapidly in response to escalating ransomware attacks,…
From Annual Premiums to Real-Time Risk Pricing Usage-based insurance has already transformed the auto insurance market through telematics and driving…
When Algorithms Meet Medical Underwriting The health insurance industry has long relied on medical questionnaires, lab results, and actuarial tables…
Insurtech Pioneer Enters Fleet Insurance Market Lemonade, the AI-powered insurance company, has launched a commercial auto insurance product that uses…
Data-Driven Insurer Expands Coverage for Climate-Related Business Disruptions Descartes Underwriting, a parametric insurance platform specializing in climate and natural disaster…