Accelerating Insurance Innovation: More Than an Accelerator

Accelerating Insurance Innovation: More Than an Accelerator

December 4, 2023 Two Iowa-based insurtech conveners create a network of entrepreneurial support Iowa’s insurance industry is synonymous with innovation and collaboration – guiding principles shared by two global insurance accelerators operating in the state. Started in 2014 as the first-of-its-kind in the world, the Global Insurance Accelerator (GIA) has provided insurtech startups with the … Read more

NZ industry faces increased intervention as premium affordability worsens  – Insurance News

NZ industry faces increased intervention as premium affordability worsens  – Insurance News

New Zealand’s general insurance industry is likely to see increased government involvement as more and more households struggle with premium affordability, AM Best says in a report on the country’s non-life sector.  Premium rates have already risen substantially as insurers respond to rising reinsurance costs after recent major catastrophes including the Auckland floods in January … Read more

What is the biggest impact insurtech has had on insurance?

What is the biggest impact insurtech has had on insurance?

What is the biggest impact insurtech has had on insurance? | Insurance Business America Insurance News What is the biggest impact insurtech has had on insurance? Insurance experts share their views Insurance News By Jen Frost Insurance Business caught up with attendees of Insuretech Connect Las Vegas to find out what they believe insurtech’s biggest … Read more

Best Business Models for Startups: 2024 Prediction

Best Business Models for Startups: 2024 Prediction

The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape.  As per EMR’s data, the global fintech market reached a significant valuation and is projected to expand at a CAGR of 16.8% during 2023-2028, targeting a market size of USD 492.81 billion by 2028.   Source: Expert … Read more

Guidewire named a top computing company to work for

Guidewire named a top computing company to work for

Guidewire named a top computing company to work for | Insurance Business America Technology Guidewire named a top computing company to work for Company strives “to provide an inspiring and inclusive environment” Insurance software provider Guidewire has been named one of the highest-rated computing companies to work for by tech-focused investment firm Battery Ventures. Battery … Read more

What the 2023 Funding Landscape Means for FinTechs

What the 2023 Funding Landscape Means for FinTechs

In my first article of a new series on the FinTech industry, I explore how, in 2023, the FinTech investment market has become more selective, with venture capitalists investing in FinTechs that adhere to strict financial and performance standards in response to the recent economic developments. This is an indication of sharpened focus rather than … Read more

AI insurance agents? No thanks, consumers say

AI insurance agents? No thanks, consumers say

AI insurance agents? No thanks, consumers say | Insurance Business America Technology AI insurance agents? No thanks, consumers say Americans are overwhelmingly uncomfortable with the thought of dealing with AI insurance agents, according to a new survey Americans are overwhelmingly uncomfortable with the thought of dealing with AI insurance agents – good news for the … Read more

CBDC benefits found in Digital Dollar Project’s pilot study

CBDC benefits found in Digital Dollar Project’s pilot study

The Digital Dollar Project has concluded their pilot study into digital currency opportunities alongside Western Union, BDO Unibank in the Philippines, and Accenture. The Digital Dollar Project’s objective is to conduct research and explore possibilities of Central Bank Digital Currency (CBDC) in the US. CBDCs would be backed by the Federal Reserve, making them more … Read more

What are inflationary and deflationary cryptocurrencies?

What are inflationary and deflationary cryptocurrencies?

In the wide expanse of the digital financial universe, cryptocurrencies shine as pioneering assets, challenging the traditional framework of economics and ushering a shift in financial transactions.  They are the vanguard of financial innovation, democratizing monetary power through decentralization, and introducing an unprecedented level of transparency and security via blockchain technology.  However, the world of … Read more

AI fournit une deuxième paire d’yeux sur les réclamations pour blessures corporelles – Insurance News

AI fournit une deuxième paire d’yeux sur les réclamations pour blessures corporelles – Insurance News

Pour bruyère h wilsonPDG Analyse CLARA Les agents des réclamations prennent des décisions tous les jours, des décisions d’un million de dollars qui ont le potentiel de changer la vie d’un demandeur. Si quelqu’un a besoin d’un deuxième regard, ce collègue serviable avec une tonne d’expérience et une grande attention aux détails, ce sont les … Read more