In an era where data is often hailed as the new oil, the insurance industry is undergoing a transformative shift led by InsurTech companies. One of the trailblazers in this realm is Porch, a homeowners insurance and vertical software platform that leverages massive data troves to carve out a
In a landmark achievement, Clearspeed, a trailblazing company specializing in AI-powered risk assessment technology, has been honored by being named to CNBC’s inaugural list of the World’s Top InsurTech Companies. This prestigious recognition, presented in collaboration with Statista Inc.,
The insurance industry is undergoing a significant transformation driven by advancements in technology and substantial investments in insurtech startups. The integration of digital innovations is reshaping how insurance services are delivered, enhancing customer experiences, and streamlining
The integration of Artificial Intelligence (AI) and digital technologies has ushered in a new era within the insurance industry, traditionally known for its reliance on manual processes and historical data. As AI reshapes the landscape, insurers are experiencing unprecedented changes in risk
The world of politics and the local economy found themselves entwined in unexpected ways recently as developments unfolded in both arenas. On one front, the resilient Canadian province of New Brunswick took significant steps to safeguard its iconic maple syrup industry. On another, the political
Telematics programs, also known as usage-based insurance (UBI), have revolutionized the insurance industry by allowing insurers to monitor and collect detailed data on policyholders' driving behaviors. Initially, insurance companies used this data predominantly to calculate more accurate insurance
The landscape of Asia's insurtech industry is witnessing a unique blend of revolutionary innovation and evolutionary adaptation. Insurtech, which involves integrating technology into the insurance sector, has brought significant changes by improving efficiencies, enhancing customer experiences, and
The collaboration between the Guardian Life Insurance Company of America and Pelago signifies a new era in insurance services aimed at promoting a tobacco-free lifestyle for employees. This partnership brings together Guardian's established reputation in insurance and Pelago's innovative digital
The healthcare sector continues to be one of the most vital areas for technological disruption, with startups like Kenko Health aiming to transform the insurance landscape in India. Yet, success in this regulated space is not solely determined by innovation or market demand but also by the ability
In response to the mounting complexity of regulatory requirements within the investment sector, M&G Investments, a distinguished asset management firm and an integral part of M&G plc, has cemented a partnership with Clearwater Analytics. This strategic collaboration is aimed squarely at modernizing
