Tag: Insurance Technology

Kin Launches Data-Driven Home Insurance in Missouri for Severe Weather Risks

Kin expands digital home insurance into Missouri using advanced data analytics to tackle severe weather risks with precise, fair pricing and streamlined claims.

Embedded Auto Insurance and Digital Platforms Address Rising U.S. Insurance Rates

Rising auto insurance rates in the U.S. are prompting dealerships and manufacturers to adopt embedded insurance and digital platforms, streamlining insurance purchases and managing repair costs with OEM parts.

Web-First Innovation Drives Evolution in Property & Casualty Insurance

Explore how web-first, cloud-native technologies are reshaping property and casualty insurance with advanced automation, AI, and interconnected ecosystems for enhanced efficiency and customer experience.

Click-Ins Secures U.S. Patent for AI-Driven Vehicle Damage Identification Technology

Click-Ins' patented DamagePrint technology uses AI to create unique digital signatures for vehicle damage, enhancing accuracy and efficiency in inspections and insurance claims.

Hybrid Parametric Insurance Advances Disaster Recovery with Faster Claims

Explore how hybrid parametric insurance combines traditional coverage with automated triggers to speed disaster recovery claims and improve insurer responsiveness.

Millennial Shift and Patra Partner to Integrate AI-Driven Back-Office Services into Digital Insurance Platform

Millennial Shift Technologies and Patra Corporation partner to integrate AI-powered back-office services into the mShift digital insurance marketplace, enhancing policy processing and compliance for brokers and agents.

2025 Marks Major Transformation in U.S. Insurance Technology Trends

In 2025, U.S. insurance technology enters a transformative phase driven by AI, IoT, parametric policies, and embedded insurance models, reshaping underwriting, claims, and customer engagement.

NEIC Launches Modernized Personal Lines Insurance Powered by No-Code Platform

New England Indemnity Company launches modernized personal lines insurance in New Hampshire using INSTANDA's no-code platform and ReSource Pro's tech services to enhance agility and efficiency.

Insurity Survey Reveals Rising Consumer Demand for Enhanced Severe Weather Coverage in P&C Insurance

Insurity's 2025 survey highlights a significant increase in U.S. policyholders willing to pay more for stronger severe weather protection, emphasizing the need for insurers to innovate in coverage and claims technology.

WTW and Sompo Holdings Partner to Implement Radar AI in Auto Insurance Pricing

WTW and Sompo Holdings partner to deploy AI-powered Radar technology, transforming auto insurance pricing and underwriting with advanced data analytics in Japan and beyond.