In-depth coverage of the latest InsurTech developments, trends, and analysis — curated daily.
While booking a flight or ordering a taxi is a digital breeze, buying insurance often feels like a frustrating trip back in time. The data is stark: 84% of potential customers abandon their quotes, signaling a massive failure in the digital journey.
Allianz Commercial is handing over its entire standalone cyber insurance portfolio to Coalition. It’s a bold move, aiming for market consolidation, but does it make sense?
Electric vehicle titan BYD is joining forces with insurtech specialist bolttech to streamline EV insurance across Europe. This move embeds coverage directly into the vehicle purchase journey, promising a smoother ride for new EV owners.
UK shoppers are about to see more 'buy now, pay later' options at the checkout. Emerchantpay and Visa are rolling out installment payments, hoping to boost sales for merchants.
Banks usually want you to come to them. BBVA's new move? Meet customers where they are, inside ChatGPT. The question is, who's really benefiting?
Another insurer is ditching its ancient tech stack. MACM is betting big on OneShield's cloud platform for a much-needed overhaul.
March wasn't kind to Italian mutual funds. Investors fled riskier assets, a trend that Prometeia's latest figures suggest will continue, albeit with a sliver of hope.
Ever feel like your bank account is a black box, and all those generic budgeting tips are useless? OpenAI just strapped a chatbot to it.
Winklevoss Capital is betting big on Gemini, pouring $100 million into the cryptocurrency exchange. The move signals a clear intent: to transform Gemini into a dominant force in the global markets.
Home insurers grappling with escalating claims costs and unpredictable risks have a new AI-powered ally. LexisNexis Risk Solutions just dropped its Location Intelligence for Home model, promising a sharper lens on property-level perils.
Pro Global is doubling down on Latin America, aiming to untangle the growing operational and cross-border mess for insurers, reinsurers, and brokers. This isn't just a tweak; it's a full-court press to offer a more integrated suite of services.
Two insurers are teaming up to simplify insurance for Floridians. Bundled policies promise savings and fewer gaps, but will agents bite?
Insurers are grappling with escalating cyber threats. Markel's latest leadership appointment in its U.S. cyber and tech E&O portfolio signals a heightened strategic focus.
Allianz Commercial is handing over its entire standalone cyber insurance portfolio to Coalition. It’s a bold move, aiming for market consolidation, but does it make sense?
While booking a flight or ordering a taxi is a digital breeze, buying insurance often feels like a frustrating trip back in time. The data is stark: 84% of potential customers abandon their quotes, signaling a massive failure in the digital journey.