The commercial auto insurance industry is undergoing a fundamental transformation under the influence of cutting-edge technological advancements. This evolution reshapes traditional underwriting processes by not only digitizing previously manual tasks but also redefining how insurers evaluate risk,
Stanhope Insurance, a subsidiary of the Ardonagh Group, has unveiled an innovative comparison platform specifically tailored for insuring luxury valuables such as jewelry and fine art. Leveraging Mendix's low code solutions, this platform addresses a significant market gap with its bespoke
The integration of artificial intelligence (AI) into the insurance industry is reshaping traditional underwriting, introducing innovative changes in risk assessment through advanced analytics and real-time data processing. The shift to AI-enabled systems offers a transformative approach that
The insurtech sector has experienced rapid growth, bringing innovative solutions to critical challenges in climate and cyber protection. As traditional insurance models struggle with affordability and accessibility, the rise of insurtech offers promising opportunities to bridge these gaps,
The latest Keynova Group's Q1 Mobile Insurance Scorecard presents a comprehensive analysis of the mobile apps and websites of the top 12 U.S. auto and property insurance carriers, highlighting a significant trend in enhancing mobile user experiences. Progressive and GEICO have emerged as
Nirvana, an AI-based insurance startup, has recently garnered significant attention by raising $80 million in a Series C round. This fresh capital injection values the company at $830 million, reflecting a strengthening belief in its capabilities and growth potential. Operating within the trucking
