In the past few years, insuretech upended the insurance industry prompting traditional carriers to reevaluate how they create products and deliver services to their customers. Insuretechs are most definitely driving…
Insuretech
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COVID-19FeaturedInsuretech
Insurers Should Implement Automated Processes to Ensure Preparedness
by Heidi Bullman June 9, 2020Despite the lifting of restrictions and loosening of statewide lockdowns, the threat of the novel coronavirus is still very serious. Without a vaccine in place, experts predict another wave of…
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COVID-19FeaturedInsuretechResources
The Insuretech Movement Remains Relevant By Enabling Resiliency
by Heidi Bullman May 19, 2020The novel coronavirus continues to disrupt all industries and the insurance sector is no exception. Despite the impacts of COVID-19, the insuretech movement remains relevant by enabling resilience and meeting…
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COVID-19FeaturedInsuretech
Three Takeaways That Will Make Insurers Stronger and More Resilient Post-COVID-19
by Heidi Bullman May 5, 2020The outbreak of COVID-19 has had a major impact on the insurance industry. In the beginning stages of the virus most insurers made necessary changes to protect their employees and…
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FeaturedInsuretech
Financial Loss isn’t the Only Negative Impact of Claims Leakage
by Jenna Sindle March 10, 2020Claims leakage is an all too familiar issue for insurance companies. On the surface, the biggest impact of claims leakage is the loss of revenue from potentially overpaying a claim…
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Insuretech
To Prevent Claims Leakage Insurers Must Use Advanced Technologies
by Heidi Bullman February 19, 2020Processing an insurance claim appears, on the surface, to be an orderly, linear process. First a claim is investigated, then it’s evaluated, and lastly, it’s settled. Despite this apparently orderly…
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FeaturedInsuretech
Data and Ai as Key Components to Beating Rising Costs in the Insurance Industry
by Heidi Bullman February 6, 2020All areas of the insurance industry are rising in cost. In this digitally driven world, no one is safe from cyberattacks like ransomware. This means that the price of protection…
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FeaturedInsuretech
Insuretech News Roundup: The Impact of AI Technologies on the Auto Insurance
by Heidi Bullman January 21, 2020Fintech Today curates the latest news and trends in the financial technology industry including the insuretech sector. In this roundup, we focus on AI -specific research findings as well as…
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FeaturedInsuretech
Two Factors Driving AI Adoption in the Insurance Industry
by Heidi Bullman January 16, 2020Artificial intelligence (AI) is poised companies to meet the future head-on. “From the mundane to the breathtaking, artificial intelligence is already disrupting virtually every business process in every industry. As…
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BankingtechFeaturedInsuretech
Fintech News Roundup: How Chatbots, Robots, Artificial Intelligence, Machine Learning, and Data are Changing the Fintech Industry
by Heidi Bullman January 3, 2020This past year was a busy one for the fintech industry with many new innovations and emerging trends. We took a look back on 2019 and found that our readers…