The complexity of data sharing is a major pain point for the insurance industry, but blockchain has the potential to save members of the Institutes RiskStream Collaborative $300m in aggregate, the group says.
Shared value insurance can encourage and reward insurance customers for changing behaviour, from the way they live, to the way they drive and the way they engage with their belongings, with rewards for all involved.
In a competitive market ‘specialisation can already be seen’.
Even after years of experience, senior underwriters can still spend a large part of their day doing the administrative tasks that they were taught early in their careers. AntWorks, a global artificial intelligence (AI) and intelligent automation company, can transform the way they spend their time.
Insurers that offer cyber protection have increasingly realised that they must partner with specialist cyber firms to make this a truly effective product. Intelligent Insurer looks at how such partnerships work.
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims.
Property monitoring technology makes data-driven underwriting easier and better informed than ever, as Shepherd CEO Stephen Chadwick explains to Intelligent Insurer.
Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use.
The next generation represents the future for insurers, as both customers and employees. Intelligent Insurer looks at some of the tactics being used by insurers to ensure their products and services appeal to and engage with this audience.
Cyber insurance started small but is growing strongly and quickly, according to a new report from Moody’s Investors Service. Intelligent Insurer investigates.