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Global fundraising for InsurTechs is transforming business models and opening new markets, says a new report from Hampleton Partners.
With more than 200 federal and state appellate and high courts nationwide releasing new decisions every day, there are more than 1,000 new legal decisions issued each year for the General Liability line of business alone.
Drones are providing insurers with capabilities that were never before thought possible — as well as a number of potential risks.
To ensure continued success, carriers need to plan now for the disruptive forces that will shape the industry of tomorrow.
Technology is allowing insurers to efficiently inspect and accurately assess property damage following wind and hail events.
Building projects have become more complex and expensive, which increases insured values and claims payouts.
New technology presents opportunities and challenges for adjusters and contractors.
Using digital technologies within the insurance quote and bind process makes the entire transaction less painful.
Insurance organizations should view drones as part of a wider set of such disruptive technologies as IoT, blockchain and AI.
Traditional insurers face a number of challenges brought on by a myriad of InsurTech advancements.