News and information for insurance professionals on the various ways technology is being used to provide "solutions" for clients, for example, the ways smart homes are helping assess risk for homeowners insurance.
The derailment of an Amtrak passenger train in Washington state last month that killed three people may have been prevented if a railway crash-avoidance technology mandated by Congress had been activated.
InsurTech startups and their partners should engage with regulators early and often. Brokers also need to be aware of the law as it relates to InsurTech.
There are many reasons to believe mobile phones are far deadlier than NHTSA spreadsheets suggest. Some of the biggest indicators are within the data itself.