InsurTechs still growing despite unsustainable loss ratios

A few InsurTech startups in North America are not making much money — particularly those focused on paying out claims, according to an annual report by TrustedClaims. The report... Read more »

Blocksure launches new blockchain insurance platform

Blocksure, a blockchain insurance platform that can issue insurance policies and transfer funds via blockchain, launched in April, but now the company, founded by 14 Cornell graduates, is looking... Read more »

Growth of sharing economy requires new insurance solutions: Lloyd’s

As the sharing economy emerges as a potential growth driver for the insurance industry, Lloyd’s, the world’s largest market for insurance for ships, planes and motor vehicles, is highlighting... Read more »

Digitalization will redefine insurance claims handling

Earning more money may not be the most pressing concern of the consumer insurance industry. Insurers also need to retool their departments to handle change faster, a reasearch by... Read more »

Reinsurers must innovate to overcome pricing challenges

A new report co-authored by Professor Gary Johnson and data analyst Anne Kremer found that the insurance industry should place a greater emphasis on risk modeling, reinsurance and other... Read more »