INN Breaking News

Italians Forsake Insurance as Costs From Umbria Earthquake Mount

August 26, 2016 The level of property and casualty cover taken out by Italians is among the lowest of the industrialized countries.

Manulife Continues Exploration of AI in Innovation Lab

August 26, 2016 The Canadian insurer partners with indico data solutions to better analyze unstructured financial data.

AmFed Selects Valen Analytics

August 25, 2016 The workers' compensation insurer will use the software to provide its underwriters with better visibility into risk selection and pricing.

New Jersey Manufacturers Selects PatTech for Billing

August 24, 2016 The state's largest workers' compensation provider implements a new cloud-based tool to cut processing costs.

Oscar Pulls Out of Two Exchanges, Rethinks ACA Plans

August 24, 2016 The company has run into many of the same problems that have forced bigger, more experienced rivals like UnitedHealth Group and Aetna to scale back from the Affordable Care Actís exchanges as well.

Aviva Partners With Plug and Play

August 23, 2016 The insurer will mentor technology startups working on insurance problems.

Only One in Five Insurers Prepared for Emerging Tech

August 23, 2016 Accenture research finds insurers not quite ready to incorporate emerging tech into their businesses, but carriers are not alone.

XL Innovate Invests in Peer-to-Peer Insurer Lemonade

August 23, 2016 The venture capital firmís Managing Partner Tom Hutton will also join Lemonadeís executive board.

Inside NYPIUA's Document Management Transformation

August 23, 2016 The insurer of last resort needed a cost-effective way to improve service levels, digitize and modernize internal processes and ensure that customer information and case files were secure and easy to access

Admiral Group Bolsters Customer Engagement With Speech Analytics

August 22, 2016 The U.K. auto insurer is eliminating manual processes and cracking down on avoidable phone communication with customers.

CUNA Mutual Automates Annuity Sales With iPipeline

August 22, 2016 The insurer's new order-entry platform is scheduled to launch this fall.

Insurtech Companies Are The New Fintech Leaders

August 22, 2016 More funding is flowing into the insurtech sector compared to fintech as a whole, indicating insurers are increasing interested in new innovations.

The Hanover Launches New Payment Options for Workers' Compensation

August 19, 2016 The carrier says that its agent population will benefit from being able to offer the new capability as a component of its workers' compensation products.

Tesla Owner in Autopilot Crash Won’t Sue, But Car Insurer May

August 19, 2016 Scrutiny around Autopilot is heightened in part because the federal government is drafting guidelines, expected to be released this summer, for automakers racing to bring fully self-driving cars to market.

Cisco Cuts Workforce by 7% to Speed Transition to Software

August 18, 2016 Savings from the job reductions will be invested in newer businesses that Cisco expects to fuel sales growth, such as cloud computing and connected devices.

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