Despite COVID-19's effects on the market earlier in the year, 2020 proved to be a record year for insurtech capital raising and M&A activity. In a recent report ...
The start of the coronavirus pandemic quieted insurance deal activity across the globe during the second quarter of 2020, but recovered fully during the second half of ...
In a recent 2021 insurance outlook, 200 industry leaders weighed in on their companies’ COVID-19 recovery efforts. How can the emerging lessons serve as a ...
Even before COVID-19 appeared, 2020 was shaping up to be pivotal for the insurance industry. The industry faced low rates, rising mortality, sluggish economies and ...
Insurance carriers could increasingly target insurtechs for acquisition and partnerships in the coming months due to pandemic-related economic uncertainty.
Read the ...
COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer ...
A new survey conducted by tech research and advisory firm, Information Services Group, has found that over 90% of European insurers are expecting COVID-19 to ...
Usage-based insurance (UBI) continues to attract funding despite the fall in insurtech investment due to COVID-19. According to a one survey of UK consumers conducted by ...
A recent study has suggested that COVID-19 will act as a catalyst for the industry-wide adoption of new digital initiatives in the insurance industry and that the ...
With the outbreak of the COVID-19 pandemic, virtual court hearings pose new issues for legal teams and there are steps that insurers should take to prepare for online ...
As the COVID-19 crisis evolves, it will continue to affect insurance distribution around the world. Insurers can prepare by building a strategy focused on near- and ...
Significant investments in direct-to-consumer website and mobile design have helped property & casualty insurance companies improve their digital service and ...
The global coronavirus pandemic has led to an unprecedented increase in the use of telemedicine. With stay at home orders in place to prevent further spread of COVID-19, ...
In 2019, it was projected that the insurance industry was on the brink of a revolution in technology innovation. In a post-COVID-19 world, this outlook may be even more ...
While the COVID-19 crisis has many insurtech players reconsidering their short-term needs and long-term strategies, what has not changed is the insurance industry’s ...
After a decade of digital strides, the insurtech industry is maturing and driving innovation across many insurance sectors. COVID-19 has put investor optimism and ...
Over the past decade, federal officials have made efforts to move from paper to electronic health records ("EHRs"), expecting to harness volumes of medical data to ...
Insurtech CEO shares insights on how the industry is managing risk and safeguarding consumers in the midst of the COVID-19 crisis.
Read the full interview here.
While the global insurtech market was valued at $5.48bn in 2019, new research has suggested that figure could jump to $10.14bn by 2025, representing a compound annual ...
The coronavirus crisis is likely to lead insurers and reinsurers to pull back on insurtech investments, both in terms of the number of deals and size of ...
InsurTech PolicyPal has collaborated with FinTech firms Revolut and StashAway to launch a new programme called 'Medical Energizer' which offers insurance, financial and ...
One report has been monitoring the insurtech market and it is poised to grow by USD 15.63 billion during 2019-2023. The report offers an up-to-date analysis regarding ...
What does this global pandemic mean for the insurtechs? Potential consequences are that some of the insurtechs in a very early stage, might struggle because of less ...
As the COVID-19 crisis unfolds, many startups and digital-only insurance providers are finding ways to support customers as well as non-customers during the crisis, ...
Berlin-based insurtech firm wefox Group has announced the launch of a new technology platform, which will be made available to brokers for free amid concerns that the ...
RiskGenius, an insurtech using artificial intelligence to evaluate emerging risks across insurance portfolios, has released a checklist of potential coverage issues ...
The effects of the coronavirus pandemic have been felt in the global economy, and also for startups. This is potentially problematic for those that are underfunded , as ...
To take advantage of big data technology, insurance managers and underwriters need to first understand how to leverage its power in supporting their specific ...
Willis Towers Watson has introduced a new risk-and-analytics feature that enables risk managers to assess their coronavirus (COVID-19) property exposure in real-time, ...
Ping An Insurance (Group) Company of China, Ltd. has announced that its smart audio screening system has successfully identified more than 1,600 suspected cases of ...
Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius, an insurtech firm that utilizes AI technology to evaluate emerging ...
InsurTech companies and insurance technologists are confronting the challenges and business process changes required to keep operations running during this crisis. Some ...
Zywave, an insurtech provider, has launched a new online library for insurance professionals, which offers access to free compliance, HR, and employee content and ...
While InsurTech venture capital financings already in the pipeline appear to be going forward, the likelihood of future deals could be uncertain in light of the ...
