insurtech News

Retaking Control When Dealing With Insurtech Choices

Distinguishing between insider and outsider firms is the key to gaining control of insurtech options, according to Wesley Todd, creator of CaseGlide, a collaboration, workflow, and analytics platform for insurance litigation departments. In the second in a series of podcasts …

How to Cancel Out the Insurtech Noise

Insurtech, the buzzword of the insurance industry, has been impossible to avoid, appearing in email inboxes and at conferences virtually non-stop. Wesley Todd, a former insurance defense counsel and creator of CaseGlide, a collaboration, workflow and analytics platform, explains how …

Insurers Are Realigning Their Claims Intake Process to Meet New Demands

A new survey shows how expectations are changing around claims intake. It’s time for carriers and TPAs to find solutions that can change with the industry. It’s a time for new thinking in the insurance industry. Whether it’s insurtech companies …

Seed Fund Bumps Weather Hail Data Firm’s Expansion

Understory, a Madison, Wisc., startup whose ultra-local weather sensors can tell if a hailstorm that pelted your roof or a downpour that flooded your street left damage in its wake, is heading into a year of explosive growth. Understory generates …

Reflecting on the 2018 Hurricane Season

While 2018 was an active hurricane season, it wasn’t quite as bad as some years past. According to the Insurance Information Institute, the 2017 Atlantic hurricane season broke several records, with six reaching Category 3 or stronger. In addition, it …

ACM Launches InsurTech Projects to Streamline Efficiencies

San Diego, CA, November 27, 2018 –Celebrating 30 years in claims management, American Claims Management (ACMclaims.com) has launched several InsurTech projects in 2018, with more to come in 2019. “In our quest to remain cutting edge, we’re participating in an …

InsurTech Strikes: How AI and Machine Learning Are Redefining the Insurance Industry

The insurance industry has operated with great consistency and clear processes for many years. People may not always like or agree with how things work, but nearly everyone from the consumer to the provider essentially goes with it — no …

2017 InsurTech Investment Surged, Europe Emerges as Key Hub

Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture. The research, which includes new analysis of CB Insights data on insurtech …

Milestone for InsurTech Drone Startup, 6,000 Roof Inspections in 2 Years

California-based BetterView, a platform & service provider for capturing and analyzing data from drones, announced it has already performed more than 6,000 roof top inspections for insurers since its inception 2 years ago. What was once a manual, error prone …

Accenture: AI, IoT Attracts Nearly Half of InsurTech Funding

Artificial intelligence (AI) and the internet of things (IoT) now account for almost half of total investment in insurance technology (insurtech) startups globally, new research from Accenture shows. The research, which includes new analysis of CB Insights data on 450 …