Tag: Insurance Technology

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.

Sapiens Launches AI-Enhanced CoreSuite 13.0 for North American P&C Insurance Market

Sapiens launches CoreSuite 13.0 with AI-driven underwriting and enhanced claims and billing tools, improving operational efficiency for North American P&C insurers.

Sapiens Launches Version 13 of CoreSuite P&C with AI-Driven Underwriting Enhancements

Sapiens releases Version 13.0 of CoreSuite for Property & Casualty, enhancing AI-driven underwriting, claims, and billing capabilities to optimize insurer operations in North America.

Skyward Specialty Acquires Apollo Group for $555M, Expands Lloyd’s Market Presence

Skyward Specialty Insurance Group to acquire Lloyd’s specialist Apollo Group for $555 million, enhancing US specialty insurance market position and entering Lloyd’s with over $3 billion premium.

Key Leadership Changes Signal Innovation in U.S. Insurance Sector

Explore recent senior leadership appointments at Moody's, RT Specialty, LexisNexis, and InsurePay highlighting innovation and strategic growth in U.S. insurance analytics, underwriting, and technology.