Dig-in.com | Digital Insurance | Digital Insurance
Top insurtech funding rounds, October 2024. There were about 60 funding events in the insurtech sector in October, according to a review by Digital Insurance. By Digital Insurance Staff. November 14. Retirement.
About Us - Digital Insurance
About Us. Digital Insurance is the essential resource for senior executives leading the digital transformation of the insurance industry. Across events and member forums, original research reports, and editorial news and analysis, Digital Insurance examines business-critical topics in technology innovation, data advancements, insurtech market ...
Insurance | Digital Insurance
Cyber insurance broker sees changing coverage terms -- Part 1. Jennifer Wilson is head of cyber at Newfront, an insurance brokerage specializing in cyber risks. Newfront advocates for clients to get the most comprehensive coverage possible for cyber attacks or systems failures. The brokerage watches how carriers have reacted to changing cyber ...
Insurers intensify digital transformation efforts. | Digital Insurance
1 day ago · Nearly half of insurers admit they're behind schedule in their modernization efforts, a concerning statistic given the acceleration of digital transformation across the industry. This technological debt manifests in several ways. Most notably, 58% of carriers require more than five months to implement rule changes, with 21% needing over seven ...
Digital Insurance Magazine | Digital Insurance
May 22, 2023 · 2019 Women in Insurance Leadership. A group of leaders combining top-shelf innovation, team-building, and forward thinking for the awards’ 15th year. October 24. Magazine Issue Year 2019.
Where customer experience and digital transformation meet
4 days ago · Using data to customize journeys While most customers prefer digital solutions for simple needs, data shows that 70% of policyholders still prefer talking to a real person when it comes to more complex problems, like resolving a specific issue or purchasing a new policy.. Complex customer needs are a challenge, but for providers, data is the solution.
Enhancing the insurance agent experience | Digital Insurance
3 days ago · According to an IDC report, AI solutions in the insurance market are expected to grow by 32% by 2026. Carriers have a vested interest in participating in this AI revolution and equipping their agents with the tools and solutions needed for driving business growth. Digital technologies are revolutionizing the role of insurance agents.
20 insurers with the largest homeowners market share
May 16, 2024 · USAA ranked 4th with a market share of 6.81%. Liberty Mutual ranked 3rd with a market share of 6.89%. Allstate ranked 2nd with a market share of 8.92%. State Farm ranked 1st with a market share of 17.79%. The top five insurance companies have an average homeowners market share of 9.26% as of December 31, 2023.
Why are home insurance rates so high? | Digital Insurance
Jul 28, 2024 · The average premium increased 33% between 2020 and 2023, much higher than the rate of inflation. This impacts communities in several ways–as premiums increase at a significant rate, for many, homeownership becomes unaffordable. And lower rates found elsewhere can incentivize people to move into areas that face higher risk of catastrophes.
How life insurers are investing in technology - Digital Insurance
Apr 30, 2024 · IT spending by North American life insurers fell back to pre-pandemic levels, reflecting a focus on cost containment and a decrease in IT budgets, as compared to the previous three years. After years of digital investments, chief information officers are carefully monitoring IT spending and how it aligns with priorities and economic conditions.