State Farm, Allstate and Geico are top performers in digital experience, according to new research from Corporate Insight.
Month: September 2024
How insurers can use AI to help close the coverage gap
To close the coverage gap, boost growth, and improve the customer experience, it will be crucial for life and annuity insurers to increase their use of AI and modernize processes.
NYC weighs slashing cab insurance 75% to $50,000 to aid drivers
Northern Manhattan City Council Member Carmen De La Rosa wants to lower the minimum personal injury protection coverage for commercial ride-share cars in New York City from $200,000 to $50,000.
Lyft’s new partnership, CATIC enters Texas: Top insurtech news
Lyft partners with Smartcar; ZestyAI and West Bend Insurance expand partnership, plus more insurtech news.
Do customers trust their insurers?
Erin Slater, head of financial services strategy with Quad, shares how firms can find the balance between innovation and privacy.
Drivers remain unaware of car crash causing behaviors
Gary Hallgren, president of Arity, shares insights into the misconceptions drivers hold and how technology and data analytics can drive positive change in driving habits.
20 life insurers with the largest market share
The top five companies have an average life insurance market share of 6.07% as of December 31, 2023.
How insurers use AI to improve their practices
Insurers are adding artificial intelligence to streamline processes including claims and underwriting, while also combating fraud.
Life insurance and annuities offer financial security, but more education is needed
A new study finds that today’s middle Americans are facing a life insurance coverage gap due to a lack of information.
LIMRA: 44% of women need life insurance or more coverage
Technology and data can help carriers demystify complex financial products and improve accessibility to address the life insurance gap.