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For insurers, better understanding their data provides more significant competitive advantages.

Cybercrime is expected to have a worldwide cost of $6 trillion in damages this year.

Insurance technology news from Sapiens, Bold Penguin, GloveBox and more.

In the last year alone, natural disasters in the U.S. created $22 billion in damages, NOAA reports.

Although insurers are investing in resources to help traditional agents, many also are increasing funding in direct online sales.

Here are the challenges insurance incumbents face in securing the tools needed to better keep up with our changing world.

From legacy mainframes to software-as-a-service systems, insurance technology is evolving to provide the flexibility carriers and policyholders demand.

Here's how COVID-19 has impacted artificial intelligence and machine learning deployment in the P&C insurance industry.