January 1st is traditionally a big day for renewals in the reinsurance sector. This year, those renewals are showing a healthy and evolving market, with product differentiation becoming more sophisticated, which means reinsurers are adjusting their risk appetite and pricing thresholds more dynamically.

Over the past year we’ve covered everything from blockchain innovations and AI to funding trends and partnership models. Looking back on the year, three trends emerge as the most impactful: Embedded Insurance, Insurtech Funding, and APIs.

We’re expecting 2022 to be the year of touchless policies for small commercial – for both agencies and carriers. This means policies will be sold and serviced without any human action by the insurer.

Holidays are a great time for fun, laughter, good food, and family. To help you have more good topics for your next party, we’re taking a look back at some of our favorite stories from the year.

E-scooters were the primary cause of 57,800 hospital visits last year and more than 70 people have died because of them in the past 3 years.

““While the theme in earlier years has been how insurtech startups would disrupt established carriers, there is a greater spirit of partnership this year. Carriers recognize the need to take new technologies and new ways of doing business seriously…”

Although the data may indicate a difference in risk, adjusting ratings based on that data could increase the level of scrutiny of whether that differentiation is acceptable.

Many national carriers are transitioning away from the captive agent model and creating their own independent agencies…

Embedded insurance is already out in the wild, benefiting both insurers and financial companies, and the opportunity is massive for anyone who can get in. And while regulations are coming into play, people are taking on those challenges because embedded insurance presents such a valuable opportunity.