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Insurtech

Technology has dramatically changed the way people live, including their buying behaviors.

Consumers expect a simple, streamlined experience, typically enabled by smart technology, and that experience presents a wide range of opportunities for innovation within the insurance industry.

On the heels of Fintech, investors and technology companies turned their attention to the insurance market, which has resulted in billions of dollars in funding. Thousands of products have been introduced, are continually evolving and gaining market traction in agency tools, data analytics, claims management, distribution, health tech, artificial intelligence, machine learning, internet of things and others, to improve the customer experience and enhance the way the ecosystem operates.

It is a strategic imperative for brokers to remain informed on the way technology is shaping insurance and to be proactive in seizing opportunities these tools and resources present.

All Insurtech Items

Q2 P/C Market Survey 2022
Market Survey, P/C Market Survey, Press Release | Aug. 15, 2022 | 2022, Market Reports, Market Survey, P/C Survey

NEWS RELEASE – FOR IMMEDIATE RELEASE Media Contact: Nicole Vasile Director of Communications Nicole.Vasile@ciab.com Survey Contact: Zachary West Market Intelligence & Insights Associate Zach.West@ciab.com SIGNS OF PRICE MODERATION CONTINUED IN

What’s the Deal with Social Inflation?
Insurtech | Jan. 29, 2020 | Commercial auto, Insurtech

January 29, 2020 Responses to The Council’s Commercial Property/Casualty Market Index survey illustrate an increasing awareness of the impacts of social inflation, ultimately leading to increases in commercial premium pricing, more expensive

Looking Back: 2019 Emerging Trends to Watch
Cyber, Insurtech | Dec. 30, 2019 | California Data Privacy Law, Cyber, Cyber Regulation, GDPR, Insurtech, Market Survey, NAIC Data Security Model Law, New York DFS Cybersecurity Rule, P/C Survey, Technology

As the decade comes to a close, we’re reflecting on the top Emerging Trends from 2019 — From Cyber to Insurtech to the PC Market and Regulation.

Talkin’ Tech
Insurtech | Oct. 9, 2019 | Insurtech

At this year’s TECHtalk program, two panels delved into the evolving space of small commercial insurance, a $140 billion industry in annual revenue.

BrokerTech Ventures
Insurtech | Oct. 3, 2019 | Insurtech

The first broker-led incubator and venture group focused specifically on broker-focused technology startups launches in 2020.

4 Trends at InsureTech Connect
Insurtech | Oct. 3, 2019 | Insurtech

While onsite at ITC, we recognized four notable themes emerging from panels, one-off conversations and interviews.

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