Tag: Insurance Technology

Ranwell Insurance Launches No-Medical-Exam Life Insurance in Georgia

Ranwell Insurance introduces no medical exam life insurance in Georgia, using alternative risk assessments to cut approval times from weeks to days. Options include term, whole life, and final expense coverage with streamlined underwriting.

MOTER and Sonatus Innovate Auto Insurance Underwriting with In-Vehicle Analytics

MOTER Technologies and Sonatus collaborate to transform auto insurance underwriting by integrating real-time driver risk analytics directly into vehicles, enhancing risk assessment and policy customization.

YSX TECH Partners with Huijian to Innovate Auto Insurance and Supply Chain Finance

YSX TECH and Huijian collaborate to enhance auto insurance services, supply chain finance, and develop data-driven insurance products in China's insurance market.

MOTER and Sonatus Launch Embedded AI for Real-Time Driver Risk Analytics

MOTER Technologies and Sonatus integrate AI-driven driver risk analytics directly into vehicles, enhancing real-time risk assessment and underwriting for insurers while improving data privacy and cost efficiency.

U.S. Life Insurance Industry Adapts to Low Interest Rates with Innovation and Tech

Explore how the U.S. life insurance industry is adapting to low interest rates through product innovation, technological adoption, and strategic capital management to sustain growth and profitability.

Tawuniya Cuts Data Storage Costs 66% with Oracle Lifecycle Management

Tawuniya, Saudi Arabia’s leading insurer, cuts audit data storage costs by 66% using Oracle's lifecycle management tools, boosting performance and compliance.

Beneva Accelerates Auto Insurance Digitalization Using Guidewire APD

Beneva accelerates its auto insurance digital capabilities by transitioning product definitions to Guidewire's Advanced Product Designer (APD), enabling faster digital delivery and business user flexibility. The insurer, in partnership with GFT, completed the conversion in eight weeks, setting a benchmark in insurance product modernization.

Key Considerations for Modernizing Insurance CRM Systems in 2026

Explore why upgrading to modern insurance CRM systems is critical in 2026 for improved operational efficiency, customer engagement, and competitive advantage in the insurance industry.

Home Insurance Market to Reach $5.25 Trillion by 2032 Amid Growing Climate Risks

The home insurance market is set to grow at an 8.32% CAGR through 2032, driven by increased climate-related property damage risks and advanced insurer analytics. Rising premiums and pricing volatility pose challenges amid expanding demand in North America, Europe, and Asia-Pacific.

AI Patent Innovation in U.S. P&C Insurance Concentrated Among Top Firms

Top U.S. P&C insurers like State Farm, USAA, and Allstate dominate AI patent filings, focusing on telematics and generative AI to enhance claims and underwriting.