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Today's Headlines | March 23, 2021 |
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Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By integrating cognitive computing capabilities into their actuarial processes, reserving teams have a new and powerful tool to better equip them to eschew repetitive tasks, like data cleaning, validating and loading, and analysis preparation. Instead, they can... read more | | |
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It's hard to ignore the energy and attention that InsurTech startups have brought to our industry over the last several years. And with that energy, more insurance carriers and MGAs looking for a competitive edge and new revenue streams are turning to InsurTech startups for ideas and innovation. What's often overlooked, however, is an understanding... read more | | |
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When assessing a commercial property's construction, key attributes underwriters focus on include construction class, building area (square footage), and year built. But obtaining accurate information on each attribute can be a major challenge. Imprecise data can hurt both insurers and policyholders. While direct written premiums... read more | | |
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Nigel Walsh, the new Managing Director, U.S. Insurance for Google Cloud, has an ambitious goal for his new job. "My mission, together with the rest of the team, is clear," Walsh said. "We want to establish Google Cloud as the number one destination and de facto standard for insurers, carriers, ISVs and InsurTechs when it comes to the business of insurance." read more | | |
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Counterpart raised $10 million in financing designed to help fuel growth of its management liability insurance platform. read more | | |
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SPONSORED BY: Majesco Nearly every time you turn on a light switch today, you are witnessing the power of trends upon shifting markets. Though lighting isn't going away, the types of bulbs we use and their supply chain has been in flux for the past two decades.... read more |
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Farmers Insurance is debuting direct-to-consumer policies in Massachusetts and Louisiana. Customers in both states can now digitally access quotes and purchase customizable auto, home, condo, and renters products, through Farmers.com and the Farmers Mobile App. Both states are added to states where Farmers already sells direct-to-consumer policies including Florida, Connecticut, Georgia, Maryland, New Jersey, New... read more | | |
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India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give a fillip to an economy battered by the pandemic. read more | | |
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The U.S. Supreme Court on Monday turned away Facebook Inc's bid to pare back a $15 billion class action lawsuit accusing the company of illegally tracking the activities of internet users even when they are logged out of the social media platform. read more | | |
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Australia was set on Monday to evacuate thousands more people from suburbs in Sydney's west, battered by the worst flooding in 60 years, with torrential rains expected to continue for another day or two. read more | | |
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| Is your insurance organization prepared to meet the heighted expectations of ... read more | |
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| Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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| Digital innovation is reshaping payments in the insurance industry. ... read more | |
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| " When it comes to insurance, small business owners want straightforward ... read more | |
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| Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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