TechCrunch

AUGUST 25, 2023

Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state. The new policy will only apply to new drivers planning to use the rideshare platform. state except for New York, where it is still 19.

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N2Growth Blog

OCTOBER 12, 2023

Crafting the Future: The Significance of Selecting the Right Insurance Executive In today’s fast-paced and ever-evolving business environment, securing the right insurance executive is more than a mere hiring decision —it’s a pivotal investment in the company’s future.

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TechCrunch

APRIL 15, 2021

Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website. The first insurance product is a smartphone insurance plan for German customers. N26 Insurance is the first release of this new API-driven strategy.

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CIO

MAY 17, 2023

While formulating their IT modernization strategies, they’d do well to regard data assets with business opportunities in mind. An older bank, grown through acquisition, with one custom-built system supporting its real estate business, while another supports its insurance business.

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Strategy Real Estate Data Insurance 270

TechCrunch

JULY 7, 2022

The latest is an insurance company called Ranger , which aims to elevate the agents in the insurance industry, rather than replace them. Most of the new-wave insurance platforms out there have been squarely focused on the end-consumer. But that’s where Ranger sees its future success.

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TechCrunch

SEPTEMBER 16, 2022

Will Ross and William Steenbergen were AI researchers at Stanford working on climate and atmospheric modeling and reinforcement learning, respectively, when they began to collaborate on wildfire modeling and hurricane modeling initiatives for the insurance industry. He pointed to Russia sponsoring cyberattacks on U.S.

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Insurance Artificial Inteligence Policies Machine Learning 176

TechCrunch

FEBRUARY 10, 2022

The company wants to modernize the insurance market. After selling this company to Bloom & Wild, he wanted to fix a pain point that he encountered while building Bloomon — business insurance hasn’t changed much and can slow you down. More recently, it has started embedding its insurance products in other products, such as Bol.com.

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N2Growth Blog

DECEMBER 26, 2023

Understanding the Evolving Role of Insurance Executives in Today’s Risk Landscape The role of insurance executives has significantly changed today’s risk landscape. Insurance executives must possess diverse skills and qualities to excel in this dynamic environment.

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TechCrunch

MAY 20, 2022

Without ready access to vets, pet owners turned to mobile apps to keep track of their pet’s health, often via educational content, and in some cases that was linked to insurance providers. This is why pet app and insurance provider Lassie has today closed an €11 million Series A round led by Felix Capital. ”

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Perficient

FEBRUARY 28, 2024

With new risks, shifting market dynamics, and the unstoppable march of technology, the insurance industry finds itself at a crossroads. The imperative for transformation has never been clearer, and this is highlighted in Forrester’s report, The Future Of Insurance.

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TechCrunch

JULY 28, 2021

Spot is tackling this issue with a digital, on-demand injury insurance product that can be as-is or as a complement to traditional health insurance. We are setting the foundation to drive change and the distribution of insurance.”. The company will also coordinate with any existing healthcare insurance.

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CIO

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. 1 barrier to moving forward in the cloud. The CIO says he signed a contract with a cloud provider that gives him an out if he needs.

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TechCrunch

SEPTEMBER 7, 2021

In this, the startup will be tapping into a new approach that other insurtech startups are taking as they rethink traditional insurance models, much like YuLife is positioning its life insurance products within a bigger wellness and personal improvement business. — a strategy that has been in the works for a while.

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TechCrunch

MARCH 2, 2022

But in Africa, that’s not the case, as most people do not have access to quality healthcare due to the ill-equipped nature of hospitals and lack of insurance. . According to a few reports, the medical insurance penetration rate is less than 3% in Africa. However, Susu’s approach is pretty unique, Bardet says.

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TechCrunch

MARCH 11, 2021

If you’ve ever had to file a claim with your insurance company, you know that it’s not exactly fun. And if you’ve ever had to file an auto or home insurance claim, you know that all the back and forth with your carrier and the various vendors can take up so much time.

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TechCrunch

FEBRUARY 2, 2021

If you’re not familiar with the company, Seyna is an insurtech startup that has obtained an insurance license focused on property and casualty. The company’s go-to-market strategy is also interesting as it doesn’t sell insurance products to consumers directly. Clients include Garantme and Decathlon.

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Insurance Marketing Programming Strategy 195

TechBeacon

MAY 13, 2021

Huge multinational insurance firm AXA Group has announced it will no longer write cyber-insurance policies that pay out extortionate ransoms to hackers. So far, this applies only to France, but observers wonder if the strategy will spread.

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Insurance Policies Groups Strategy 139

TechCrunch

MAY 13, 2021

Should your SaaS startup embrace a bottom-up GTM strategy? Because the best go-to-market (GTM) strategies for startups are like hamburgers: The bottom bun: Bottom-up GTM. The hamburger go-to-market strategy. More posts by this contributor. Bottom-up SaaS: A framework for mapping pricing to customer value. Why call it that?

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TechCrunch

MAY 16, 2023

As a reminder, Wefox sells insurance products through in-house and external insurance brokers. Unlike its German rival Getsafe , it doesn’t rely on a direct-to-consumer distribution strategy. More recently Wefox launched its own insurance carrier — Wefox Insurance. Then, we have our own insurer.

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CIO

APRIL 23, 2024

The steps you need to take to deal with ransomware risks include all four risk/response strategies: They prevent (reduce the odds), mitigate (reduce the damage), and insure you from the worst outcomes (insurance is about sharing the costs). Insurance: You know how this plays out.

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Perficient

SEPTEMBER 19, 2023

The world’s largest gathering of insurance innovation, InsureTech Connect (ITC) , is right around the corner. Following last year’s conference, Perficient Insurance Principal Brian Bell shared three key takeaways from the 2022 event: First, data and analytics investments still topped many insurers’ list of operational priorities.

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Ooda Loop

JANUARY 15, 2024

China has articulated a "Talent Superpower Strategy." have an equivalent workforce and talent strategy for educating, training, attracting and retaining the talent required for exponential technology innovation to insure American Competitiveness? But does the U.S.

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Strategy Insurance Education Training 64

CEO Insider

MARCH 9, 2023

Last week I had one of the most fulfilling episodes of my consulting career: A two-day immersive workshop with a Fortune 500 insurer designed to stress-test their corporate strategy. While specifics are private, I’d like to share a few thoughts this experience inspired.

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N2Growth Blog

APRIL 17, 2023

Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1. Similarly, the insurance and finance industries are built on the promise of stability and security, playing a vital role in people’s lives and businesses.

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Perficient

JULY 19, 2023

One such industry that will be forced to utilize AI solutions to gain a competitive advantage is the regional insurance carrier industry. By harnessing the power of AI, regional insurance carriers can streamline their operations, enhance customer experience, and make more informed decisions.

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Perficient

NOVEMBER 21, 2023

With nearly three decades of experience directing commercial lending, corporate finance, and insurance for leading brands, Perficient’s Insurance Principal, Brian Bell, stands at the forefront of our financial services practice. Brian believes insurance serves a noble purpose and is a great source of pride.

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CIO

OCTOBER 20, 2023

But home and automobile insurance company Allstate is taking a different approach. The result, Jeevanjee says, is a technology-driven business strategy “that’s a very empowering thing.” Allstate expects to be up and running in 10 states this year for automobile policies and 19 states for rental insurance. “We

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Cloud Insurance Generative AI Artificial Inteligence 339

CIO

JANUARY 3, 2024

AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. One of the solutions aimed to improve customer experience and agent efficiency in insurance company contact centers by creating an automated summary of customer-agent calls and chats.

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AWS Artificial Intelligence Artificial Inteligence Insurance 312

Altexsoft

SEPTEMBER 7, 2021

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.

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Insurance Technical Review Strategy Technology 59

Cloudera

JANUARY 27, 2022

Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. I have been researching more about how we can use the new data from those devices to design more innovative insurance products while being aware that these should all be contingent upon customer opt-in.

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CIO

OCTOBER 18, 2023

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. Digitization vs tradition Although the insurance sector has a traditional image, that stopped being the case years ago, says Vaquero.

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CIO

NOVEMBER 16, 2023

In a career spanning such companies as IBM, KeyCorp, M&T Bank, and BMO, she has “answered the call” many times, most recently as CIO of The Hartford, where she is responsible for the overall strategy, vision, and execution of business technology, cyber, data analytics, and data science. Can you expand on that?

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Cloudera

NOVEMBER 16, 2020

The insurance industry has a long and intimate relationship with fraud in many different ways. Insurance fraud can take place at a process or business function level, most notably in claims or underwriting. The different venues to commit fraud against an insurer are mind-boggling, with serious financial consequences.

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CIO

NOVEMBER 8, 2023

For companies whose business units have traditionally operated independently, centralizing IT operations under one strategy can reap significant benefits — especially when it comes to offering a holistic customer experience and establishing a unified data foundation for leveraging the latest emerging technologies.

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CIO

FEBRUARY 21, 2024

The company was in the final stages of refreshing our business strategy; in September 2021, we spun off from Prudential plc to become an independent public company. Our strategy was to accelerate our core competencies to position ourselves and our brand in the market. What is the strategy you eventually developed?

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Budget Insurance Strategy Generative AI 261

CIO

FEBRUARY 20, 2024

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. Are you ready to put AI at the heart of your data protection strategy? Patient data represents a treasure trove for hackers. Take a Security Copilot readiness assessment today. Generative AI

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Cloudera

FEBRUARY 18, 2021

We’ve written about the changes forced on the traditionally risk-averse insurance industry by COVID-19. In 2021, with the crisis hopefully fading, insurance will have time to evaluate the changes made in 2020, assessing what worked and what didn’t, and planning a new way forward rather than reacting in real time. .

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