As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.

Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re.

Developing tech solutions looks easy — until you try it. But while time-consuming hurdles are inevitable, it’s possible to avoid the worst of them with the right planning.

Global insurtech funding rebounded in Q2 2024, driven by larger deal sizes despite a decline in overall deal count, according to Gallagher Re’s quarterly analysis.

Despite a drop in overall insurtech funding to $912 million, its lowest since Q1 2020, early-stage funding and AI-centered insurtechs are attracting investment, Gallagher Re observed.

“Innovation” may be the latest industry buzzword, but what does it truly mean for insurers?

For a smooth, successful transition to AI and automation, professionals recommend that you consider the quality of your data first.

Despite a 43.7% drop in global insurtech funding in 2023, U.S.-based insurtechs saw a 5.5% rise in deal share, indicating a maturing market.

The insurance landscape will continue to evolve as leaders predict we will see a focus on hyper-personalization, embedded insurance, and the humanization of AI.

Wearable ergonomics can reduce workplace injuries and workers’ compensation costs, but coordination and an alignment of incentives are required before they can gain a foothold.

The significance of the partnership between retail insurance and Insurtech for ensuring long-term growth and success in the sector should not be overlooked.

From early-stage adoption and collaborative efforts to innovative use cases, blockchain technology is poised to reshape claims and insurance market dynamics. But where does it stand in terms of returns?

Seven years in the future, what will the insurance value chain look like and how will it benefit customers?

Experts discuss how technology can bolster connectivity between risk management stakeholders and reduce losses.

A panel at Insurtech Insights Europe in London focused on the topic of “Build or Buy — How to Engage With Insurtechs,” producing valuable advice for both insurers and Insurtechs.

Unique solutions created by innovative Insurtechs are helping to address the climate catastrophe from various angles.

Chris Bennett, president of Core Solutions, Origami Risk, examines the key challenges involved in overhauling legacy systems and implementing new ones, as well as how to keep up with the latest advances.

The fight against climate change is a complex one, and it will require unprecedented collaboration between businesses, governments and nations. Fortunately, trust and transparency is where blockchain technology excels.

Risk and insurance trends we can expect for 2023, as predicted by leading Insurtech executives and C-suite leaders.

Data can streamline many parts of the underwriting process, but there’s no substitute for the human touch.