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Today's Headlines June 23, 2021

Is Loop the Future of Automobile Insurance?

The annual ATECH Conference in Aruba is promoted as, "Where Tech, Innovation, and Creativity Meet to Become the Future." At the 2015 conference, two young tech entrepreneurs, Carey Anne Nadeau and John Henry, did, indeed, meet and are now hoping to become the future of automobile insurance. The co-founders of Loop, a managing general agency,... read more
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U.S.-Based InsurTechs Grabbed Most of the Q1 2021 VC Dollars: Forrester

Approximately 94 percent of InsurTech venture capital financing went to U.S.-based startups during record fundraising for the sector in the 2021 first quarter, according to Forrester's latest sector roundup. read more
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Europe's Insurers Emerge From Pandemic With Strong M&A Appetite: Moody's

Europe's insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions, along with expectations for strong earnings growth in 2021, according to Moody's annual survey of chief financial officers (CFOs) from 21 leading European insurers. read more
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Universal Fire & Casualty Starts Accepting Cryptocurrency for Premium Payments

Universal Fire & Casualty Insurance Company has started accepting cryptocurrency for premium payments. read more
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MGA Honeycomb Launches With Bet on Multi-Family Property Insurance

An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. read more
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Generali to Acquire AXA Malaysia Insurance Assets

Italy's top insurer Generali has agreed to buy Axa's insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. read more
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Managed Retreat Needed Now; No Longer Last Resort for Climate Change

University of Delaware disaster researcher A.R. Siders believes it's time to put all the options on the table when it comes to discussing climate change adaptation. Managed retreat—the purposeful movement of people, buildings and other assets from areas vulnerable to hazards—has often been considered a last resort. But Siders believes it can be a powerful... read more
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How Insurers Can Tap Into the Peloton Phenomenon to Motivate Employees

Fitness enthusiasts have become obsessed with motivational apps and technology like the Peloton and Apple Watch phenomena. The consumerization of technology in our personal lives provides opportunities for innovative organizations to harness that same energy, motivation and momentum to produce significant results for their organizations while also meeting their employees' growing expectation of real-time recognition.... read more
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Research and Webinars

7 Predictions for P&C Insurance Experiences in 2021

Against the backdrop of digital transformation and the pandemic, insurers can ...
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Undeliverable as Addressed: The Staggering Cost of Returned Mail

For insurance companies providing a policy update, the cost of a double-digit ...
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Why Technical Debt is Impeding Insurers & What to Do About it

60% of CIOs say their organization's technical debt has risen over the past ...
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A 3-Step Guide to Insurance Transformation

The insurance industry faces significant disruption from multiple fronts, ...
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Now is the Time to Move Your Insurance Business to the Cloud

For customer-focused insurers looking to expand into new markets, the ability ...
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Media

Free Webinar: Workers’ Compensation in a Post-Covid World

InsurTech Newsletter


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