Dig-in.com | Digital Insurance | Digital Insurance
WEBThe rise of embedded insurance. Andy Watts, business development director for INSTANDA, explains embedded insurance and why its popularity is growing. The latest news and analysis for digital insurance technology professionals, covering P&C, life/health, workers' comp and reinsurance.
13 largest homeowners insurers denied nearly half of claims last year
WEB3 days ago · September 26, 2024, 3:49 p.m. EDT 4 Min Read. Likely looking to offset the rising costs of climate change, the nation's 13 largest homeowners insurers denied 47.5% of their claims last year, compared with 37.4% for all reporting underwriters, a study from Weiss Ratings alleged. Several factors can lead to a claim being denied, including certain ...
How insurers can use AI to help close the coverage gap
WEB3 days ago · See Membership options. Artificial intelligence can help close that gap by enabling life and annuity (L&A) insurers to lower costs while expanding product accessibility. However, just say they have advanced data analysis capabilities, while only 19% use AI and machine learning, according to Capgemini. To close the coverage gap, boost growth ...
About Us - Digital Insurance
WEBAbout Us. Digital Insurance is the essential resource for senior executives leading the digital transformation of the insurance industry. Across events and member forums, original research reports, and editorial news and analysis, Digital Insurance examines business-critical topics in technology innovation, data advancements, insurtech market ...
Do customers trust insurance companies? | Digital Insurance
WEB5 days ago · A strategic, multichannel approach can also help insurance brands win over consumers. Coupled with digital marketing, direct mail—while dismissed as outdated by some—is a powerful way to foster trust, increase brand loyalty, and improve brand recall. Grace Crane. Reporter, Digital Insurance. Property and casualty insurance Auto insurance ...
The importance of partnerships between insurtechs and insurers
WEBSep 19, 2024 · The insurance industry's digital transformation has ushered in a new era of innovative partnerships between traditional insurers and insurtech companies. A decade ago, traditional players were often reluctant or unable to embrace new technologies. Today, though, we find ourselves at a paradigm shift in the industry.
Looking back at top insurance lawsuits across the industry | Digital ...
WEBSep 17, 2024 · Wells Fargo shells out $300 million for insurance lawsuit settlement. In February 2023, Wells Fargo announced it would pay out a $300 million settlement as part of a securities-fraud class action suit alleging the bank erroneously charged its customers for unnecessary auto-collision protection insurance and …
Digital insurance marketplace rise fueled by tech | Digital Insurance
WEBSep 10, 2021 · The rise of the digital insurance marketplace. By Arun Prasad September 10, 2021, 7:15 a.m. EDT 6 Min Read. The Apple Music application icon on a smartphone arranged in New York on June 17, 2021. Gabby Jones/Bloomberg. Last May marked the 229th anniversary of the Buttonwood Agreement, which organized securities trading in New York, laying the ...
Digital Insurance survey: 2022 predictions
WEBJan 18, 2022 · Digital Insurance fielded a survey in October 2021 to find out where stakeholders across the sector see their businesses entering 2022. A total of 97 insurers, agents, brokers, and insurtech firm representatives responded. Following is a selection of our findings. Six out of 10 respondents expect a full economic recovery to come after July of ...
Events - Digital Insurance
WEBNovember 7-8, 2022 | Radisson Blu Aqua, Chicago, IL Digital Insurance honors the transformative women leaders who are bringing the industry into the connected future with its Women in Insurance Leadership rankings.In 2022, this iconic program will also feature a two-day, in-person conference that celebrates the honorees and gathers leaders in the community for progressive conversations about ...