INSURASALES

Tag: Digital Insurance

Wealth Express Launches Term Life Insurance with Guaranteed Rates and No Medical Exams

Wealth Express introduces term life insurance with guaranteed rates and no medical exams, eliminating hidden fees common in digital platforms. Transparent pricing restores consumer trust.

Shory and Wio Bank Launch Embedded Car Insurance with Installment Payments

Shory partners with Wio Bank to offer embedded car insurance in the Wio Personal app, enabling monthly installment payments and enhancing insurance accessibility in the UAE market.

Reliable Transportation Association Launches Digital Physical Damage Insurance for U.S. Commercial Autos

Reliable Transportation Association introduces a Lloyd's-backed physical damage insurance program for commercial auto operators in six U.S. states, featuring digital quoting and risk-based pricing.

Honda Launches Nationwide Insurance Agency with OEM Parts Coverage Options

Honda Insurance Solutions launches as a licensed agency nationwide, offering competitive auto and home insurance with OEM parts coverage options. Powered by VIU by HUB, it integrates insurance within Honda's digital platforms.

GoAuto Insurance Expands Direct Auto Insurance Services to Georgia State Market

GoAuto Insurance launches direct low-cost auto insurance in Georgia, marking its fifth state expansion. The move underscores the growth of digital-first underwriting and policy issuance in competitive markets.

Lemonade Faces Class Action Over Extended Driver’s License Data Breach

Lemonade's delayed detection of a major data breach exposing 190,000 driver’s license numbers spurs a federal class action lawsuit, highlighting critical cybersecurity and compliance challenges for digital insurers.

ICICI Lombard Partners with Park+ to Digitize Car Insurance for 20 Million Users

ICICI Lombard teams up with Park+ to offer seamless digital car insurance solutions to over 20 million users, enhancing motor insurance accessibility and claims processing in India.

U.S. P&C Insurance Combined Ratios Hit Decade Low Amid Rising Costs and Digital Shift

U.S. property and casualty insurance industry sees best combined ratio in over a decade in 2024, driven by better personal lines underwriting and digital sales growth, despite rising auto repair costs and inflationary pressures from tariffs.

Chubb Life Launches Digital Health Up Insurance Plan with Wellness Benefits

Chubb Life Hong Kong launches Health Up, a digital insurance plan combining term life coverage with wellness benefits including health services and exclusive partner discounts.