The insurtech's co-founder also warns against confusing novelty with value. "Insurance buyers do not need more technology for technology's sake." ...

"Solve a problem the industry actually has — and prove people will buy the answer, before you fall in love with building it," ...

With rising climate peril severity and frequency, insurance risk data providers point to the technology's improved capability ...

Insurance has been an underperforming industry that resists tech disruption, according to a McKinsey report. However, insurers are finding the technology enables them to cover more risks, and do so ...

Virtual and mixed reality still have value for internal use and customer experience, even if other industries are moving on, ...

Nirmitee Shah, general manager of financial and professional services at Scale AI, describes the industry's slow and careful ...

Travelers made a major bet on AI when it committed to developing its own in-house large language model, TravelersLLM. CTO ...

"We're pleased to report an excellent second quarter and another in a sustained run of successful quarters, with very strong ...

As more policyholders shop around, insurers are applying AI in many ways to entice them to stay, executives from LexisNexis, ...

As more Americans turn to GLP-1 medications for weight loss, employers are weighing the benefits of coverage against rising ...

Insurance companies are sharing their AI success stories with a focus on specific niches: controlling churn, fielding ...

The insurance company's AI investments show early success, but underwriters own the final decision, CEO Christopher Swift ...