Generative AI (GenAI) has been described as “the next internet”, an advancement in technology that will f...
Root CEO eyes nationwide presence after best-ever quarter
Root Inc., an insurance technology company that offers coverage in 34 states, is planning to expand into new markets with an eye on establishing a nationwide presence for its car,...
Root Inc., an insurance technology company that offers coverage in 34 states, is planning to expand into new markets with an eye on establishing a nationwide presence for its car,...
Article / 2 months ago
Insurtech Root's private auto combined ratio tops 200% for 2nd straight year
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Although it raised rates and slashed expenses in 2022, insurance technology company Root Inc. recorded a combined ratio well in excess of 200% in its...
Article / 11 months ago
Underwriting profitability remains elusive for auto insurtechs
Inflationary pressures and driving habits returning to pre-pandemic levels have aggravated underwriting losses for several private auto insurance technology companies....
Inflationary pressures and driving habits returning to pre-pandemic levels have aggravated underwriting losses for several private auto insurance technology companies....
Article / 2 years ago
Tesla's Musk, others take aim at Calif. law restricting telematics
Telematics being limited in California is significant for insurance operations nationwide since it is the largest private auto insurance market in the U.S. by a wide margin...
Telematics being limited in California is significant for insurance operations nationwide since it is the largest private auto insurance market in the U.S. by a wide margin...
Article / 2 years ago
The Big Picture: 2022 Insurance Industry Outlook
A look ahead to the key strategic trends and opportunities expected to drive the narrative for the property and casualty as well as life and health insurance segments through 2022 and beyond...
A look ahead to the key strategic trends and opportunities expected to drive the narrative for the property and casualty as well as life and health insurance segments through 2022 and beyond...
Report / 2 years ago
Metromile, Root further encroaching on traditional auto underwriters' turf
The full-stack personal auto insurance companies are looking to expand their customer reach by allowing independent insurance...
The full-stack personal auto insurance companies are looking to expand their customer reach by allowing independent insurance...
Article / 2 years ago
Buyers of cars to airline tickets getting optional extra at checkout – insurance
Insurance policies are becoming increasingly front-and-center in many consumer and business-to-business purchases...
Insurance policies are becoming increasingly front-and-center in many consumer and business-to-business purchases...
Article / 3 years ago
Automaker insurance begins modestly, promises more via built-in tech
General Motors and Tesla have introduced conventional car insurance for their vehicles...
General Motors and Tesla have introduced conventional car insurance for their vehicles...
Article / 3 years ago
Insurtechs turning to reinsurers for capacity, says CEO
Sten Saar, co-founder and CEO of commercial motor insurtech Zego, said traditional insurers' inflexibility meant technology-driven insurance firms were going directly to the reinsurance market...
Sten Saar, co-founder and CEO of commercial motor insurtech Zego, said traditional insurers' inflexibility meant technology-driven insurance firms were going directly to the reinsurance market...
Article / 4 years ago
Nationwide, State Auto turn to insurtech partnerships for digital transformation
Through investments in and partnerships with existing insurtechs, Nationwide and State Auto have undergone major shifts in how they leverage technology...
Through investments in and partnerships with existing insurtechs, Nationwide and State Auto have undergone major shifts in how they leverage technology...
Article / 5 years ago
