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The World's No.1 InsurTech Magazine | InsurTech Digital
InsurTech Digital connects the leading InsurTech executives of the world's largest and fastest growing brands. Our platform serves as a digital hub for connecting industry leaders, covering a wide range of services including media and advertising, events, research reports, demand generation, information, and data services.
Top 10 Digital Transformations in Insurance
Aug 21, 2024 · 9. Cloud Computing. Cloud computing is transforming the insurance industry by enabling scalable, flexible, and cost-efficient IT solutions. Insurers leverage the cloud for enhanced data storage, processing, and real-time analytics, fostering innovation in claims processing, underwriting, and customer service.
Top 10 digital insurers in the US to watch in 2022
Mar 18, 2022 · 4) Hippo. The leading digital P&C insurer in the US, to date, Hippo boasts a customer quote time of just 60 seconds and has raised more than US$700mn in funding, The insurtech is thriving in the post-pandemic marketplace despite its recent disappointing IPO and share drop. Its user-friendly platform has made it a hit with business and consumer ...
Top 10 Insurance Underwriters: Leading the 2024 Market Shift
Sep 25, 2024 · 10) Lancashire Group. • CEO: Alex Maloney. • Revenue: US$2.2bn (2022) • Headquarters: Hamilton, Bermuda. • Employees: 300. • Founded: 2005. Lancashire Group is a global provider of specialty insurance and reinsurance products. The company operates through its main subsidiaries: Lancashire Insurance Company Limited in Bermuda and ...
The Future of Insurance: Fintech, Insurtech and Innovation
Jun 23, 2024 · The Future of Insurtech: A New Path. The insurance industry is at a pivotal moment of change. "Customer demand coupled with tech innovation is driving a revolution, ushering in transformative thinking and processes that will undoubtedly improve the industry as a whole," he says. "Hyper personalisation sits at the heart of future insurance ...
Top 10 US Insurtech Platforms to watch in 2022
Jul 15, 2022 · Founded: 2016. Clearcover is a digital car insurance provider selling cost-effective products and services. Recently named a Glassdoor 2021 Best Place to Work, the company's API-driven platform enables customers to have a centralised mobile app that can file claims, keep track of billing and view insurance ID information.
Q2 2024 Gallagher Re Global InsurTech Report Highlights Trends
Aug 5, 2024 · Global InsurTech funding rose by 39.7% quarter-on-quarter to US$1.27bn in the second quarter of 2024. Early-stage InsurTech funding increased by 34.9% quarter-on-quarter, highlighted by a surge in average early-stage deal sizes. Average early-stage deal sizes increased to US$8.58m, the highest level since the first quarter of 2022, rising by 77 ...
Predictions and Trends for 2024 From Insurance Experts
Jan 4, 2024 · However, the insurance industry still lags behind. 2024 will see the insurance sector playing catch-up, focusing on how automation – rather than AI – can create efficiency, improve controls and ensure operational resiliency. Back-office operations are the key source of inefficiencies for insurers, with many firms turning their attention to ...
Top 10: Insurtech Platforms | InsurTech Digital
Sep 4, 2024 · 8. GoHealth. GoHealth is a health insurance marketplace that connects consumers with a variety of health plans and provides guidance throughout the selection process. The platform partners with major insurance carriers to offer a wide range of options, catering to different needs and budgets.