Blogs & News

Research Report: How Government Activity is Impacting Insurance
There is a general lack of product innovation, forcing insurers to increase rates, which in turn has negative consequences for everybody. Product innovation is a powerful lever to manage risk proactively when trends are changing…

Research Report: The Auto Industry’s Uncertain Future
Autonomous vehicles create a new litigation problem that is yet to be faced by the insurance industry: among the driver, the AI, the manufacturer and the operator, who will be responsible when something goes wrong?

Research Report: What Insurtech Funding Tells Us About Insurance
The labor shortage is forcing companies to adapt and find innovative ways to fill staffing needs. One fun example of this is Matradee, a robot capable of opening kitchen doors and delivering food to tables.

Research Report: Insurance Innovation in the Face of Adversity
The world is underinsured, this is yet another example of how innovative products can help people get the coverage they need. It’s an interesting approach that covers the universities expected return in investment with insurance.

Research Report: 3 Major Challenges We Need to Prepare for
For industries like insurance and trucking that are already having challenges with recruiting, this is going to make the problem worse. This may force some companies to hire under-qualified individuals, exposing such companies to new risks.

Research Report: The Digital Experience Gap and New Challenges Coming for Insurance
A recent study from The Hartford found that 31% of US employers believe that the strain on employee mental health is having a significant financial impact, and 52% said that substance misuse or addiction is causing workplace issues. Both figures are about 20% higher than March 2020.

Research Report: Partnerships and the Insurance API Revolution
Dais and Semsee are partnering to expand products available for carriers and agents. The collaboration will increase the variety and availability of insurance products on Semsee’s platform, while providing Dais customers immediate distribution opportunities with broad groups of agents.

Research Report: Embedded Insurance Deep Dive
Almost everyone has experienced an embedded insurance sales pitch at this point — such as when buying a phone or a plane ticket. Embedded insurance is one of the fastest growing and most exciting ways the industry is tackling the underinsured problem.

Research Report: What Do Farmers And Cyber Insurers Each Desperately Need? Quality Data
Cyber is likely to be one of the dominant perils insurers are going to struggle with, and they’ll be looking for innovative advantages to manage loss ratios. A very logical first step is to …

Research Report: The Post-pandemic Necessity For Rapid Product Innovation
We estimate that the world is at least one-third underinsured, and simple products like this are examples of how to fix that problem. The clever use of data makes this a simple and customer-friendly product that will likely result in more travel insurance policies for Chubb.

Underinsured Homeowners Crisis
Only 30% of homeowners have taken the necessary steps to maintain proper insurance coverage.

Adaptable Insurance—Because Annual Insurance is Too Slow
Insurers are creating adaptable coverages in a variety of ways. On-demand coverage and usage-based insurance are two powerful examples driving insurer success.

The Need for Product Flexibility
Global commercial insurance prices are on the rise, with cyber being the most extreme. This is an example of the market shifting and is demanding product agility from insurers.

The Insurance Industry’s Upcoming Challenges
Tesla Insurance is continuing its expansion across the US and aims to be nationwide by the end of 2022. With the usage data Tesla has, it is reducing the severity of losses and saving money on both servicing and claims.

Research Report: Lingering Questions for the Post-Pandemic World
A recent study shows that 1-2 days in the office per week is the sweet spot for remote work productivity. The evolution of remote work is an important question for insurers.

Research Report: The Growing Impact of Social Inflation
“Social inflation” is the increasing costs of legal awards due to social pressure to award larger amounts to plaintiffs, along with the corresponding increased quantity of lawsuits. These growing costs add considerable expense to insurance claims for businesses of all sizes…

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