Exploring how insurtech combines with traditional insurance to enhance customer experience and open new market opportunities

Businesses are increasingly turning to tax and litigation insurance for added financial protection amid evolving market risks.

State Farm's homeowners loss ratio hits a 20-year high, driven by severe weather events, prompting significant rate hikes and premium growth.

Examining the pitfalls of past insurance transformations and the urgent need for a customer-focused, technologically adept future in the industry.

How the reinsurance industry is embracing its role in tackling climate change by integrating greenhouse gas strategies into its operations.

At ITC Vegas 2023, experts discussed AI's transformative role in insurance underwriting, emphasizing the need for trust and education in integrating this evolving technology.

Understanding the complex landscape requires both foresight into identifying the right risk variables and a modern technology stack.

Artificial Intelligence revolutionizes insurance underwriting and processes, raising efficiency but also sparking concerns over job security in the industry.

Crash detection technology is set to revolutionize the auto insurance claims process, offering real-time accident alerts and improving the efficiency of claims handling.

In the face of generative AI's rapid growth, insurance industry leaders are fast-tracking innovation and funding for digital strategies.

Amid a surge in ransomware attacks, the cyber insurance market remains highly profitable with strong growth potential, demonstrating resilience in the face of evolving cyber threats.

The property/casualty insurance sector anticipates a challenging 2023, marked by unprofitability and rising replacement costs, despite strong premium growth.

Enhancing accuracy and profitability, Mulberri's new AI Risk Engine promises to revolutionize workers' compensation underwriting.

Footwear giant Nike filed federal lawsuits against New Balance and Skechers, accusing them of infringing patents related to Nike's technology.

Severe convective storm losses-the highest in decades-significantly affected the 2023 net combined ratio for the property/casualty industry, according to the latest underwriting projections by Triple-I and Milliman actuaries.