Today's Headlines | May 12, 2021 |
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It's not news that digital transformation is changing the insurance business. Now companies are under more pressure to gain a better understanding of their content. We historically have managed insurance processes and business by data, which is important for process automation, but decisions are made by skilled case workers (from underwriters to claims managers) from... read more | | |
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Nearly a year has passed since the industry largely transitioned to a virtual workforce due to COVID-19. While organizations likely used Zoom, GoToMeeting or other web conferencing tools prior to the pandemic, a much greater emphasis was put on them to connect in the new virtual world. Initially, there was enthusiasm surrounding these tools, both... read more | | |
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The road to a profitable small commercial portfolio begins with effective underwriting guidelines, and it's paved with integrated, high-quality data. With simple entries, such as a business name and address, insurers can prefill and fast-track applications leveraging robust business and property data to accurately classify... read more | | |
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Automated electric vehicles exposed to cyber threats. Researchers from the University of Georgia have identified cybersecurity weaknesses that could threaten the safety of connected and automated electric vehicles (CAEVs). While technology such as adaptive cruise control and other auto-assist functions enhance driving safety, comfort and energy efficiency, the networked infrastructure of these vehicles opens the... read more | | |
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U.S. insurer American National Group Inc is exploring options that could include a sale of the company, people familiar with the matter told Reuters on Tuesday. read more | | |
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Pouch, an InsurTech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help accelerate its launch into the commercial auto insurance market. read more | | |
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Italy's biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. read more | | |
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A federal judge in Ohio has ordered a right-wing think tank led by white nationalist Richard Spencer to pay $2.4 million to an Ohio man severely injured during a white supremacist and neo-Nazi rally in Virginia. read more | | |
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U.S. employees confronted unprecedented work-related stress and anxiety during the COVID-19 pandemic over the last year, but most remain resilient, according to a new Travelers survey. read more | | |
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| Is your insurance organization prepared to meet the heighted expectations of ... read more | |
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| Your insurance brand needs people, and people need your brand, so how do you ... read more | |
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| For insurance companies providing a policy update, the cost of a double-digit ... read more | |
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| Striking the right balance between automation and the human touch is a top ... read more | |
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| Many insurers are struggling to keep up with changing customer dynamics and ... read more | |
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