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Trends to watch: New and emerging risks Artificial intelligence will be transformative for the insurance industry, but it must be accompanied by strong safeguards to protect data and prevent biases. Insurtechs can

The insurance industry is grappling with technical debt, which arises when shortcuts in IT infrastructure impede sustained and robust practices. Technical debt in insurance manifests as outdated pricing models, fragile spreadsheets, manual

TLDR: – Berkshire Hathaway Specialty Insurance (BHSI) has expanded its multinational capabilities and enhanced its services for customers. – The company has added new partners, expanded its internal team, and adopted a

ReSource Pro, a leading operations partner for insurance organizations, has acquired Texas-based Helix Agency Services. Helix provides managed technology services for insurance agencies and brokers in the property and casualty market. The

ReSource Pro, a leading operations partner for insurance organizations, has acquired Helix Agency Services, a provider of managed technology services for insurance agencies and brokers in the property and casualty marketplace. The

TLDR: Life insurance industry is slow to adopt technologies like wearables, APIs, and blockchain, but these technologies will play a significant role in the industry’s future. Changing workforce and the need to

TLDR: Experts predict that AI will play a significant role in improving customer experiences in the insurance industry, particularly in areas such as claims handling and response times. AI will also enable

TLDR: The global insurance industry is set to undergo significant transformation in the next few years due to technological advancements, changing customer expectations, and evolving regulations. Key predictions for the future of

Loggerhead Insurance, a Florida-based provider of homeowners insurance, has partnered with insurance core technology provider Socotra to offer replacement coverage to customers who will receive non-renewal notices from Progressive Home. Progressive Home

Let’s see what’s in the news today. ReSource Pro Acquires Helix Agency Services, Expands Insurance Technology Offerings /PRNewswire-PRWeb/ — ReSource Pro, a leading operations partner to insurance organizations seeking improved productivity and