Your Daily InsurTech Briefing – 2024-01-30

January 30, 2024
1 min read

Let’s see what’s in the news today.

How Does The ‘Cashless Everywhere’ System Benefit Health And General Insurance Policyholders?

Customers can choose hospitals outside their insurance company’s networks, experience swift settlement of claims

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How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks By Benzinga

How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks

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How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks

In 2024, insurance company stocks have outperformed the S&P 500 index, only lagging behind the exceptional performance of semiconductor stocks. The iShares U.S. Insurance ETF (NYSE:IAK) has experienced a 5% increase in January, surpassing the 3% rise of the SPDR S&P 500 ETF Trust (NYSE:SPY). But what is driving the rally in U.S. insurance stocks? Insurance Costs For Motor Vehicles Are Soaring The December Consumer Price Index report provides…

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How EVs, High-Tech Vehicles Are Fueling Surge In Insurance Stocks – Allstate (NYSE:ALL), iShares U.S. Insurance ETF (ARCA:IAK)

Insurance company stocks in 2024 have outperformed S&P 500, with a 5% increase driven by soaring vehicle insurance costs and complexity of EV repairs.

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Covr Financial Technologies Hosts Economic Growth Event

/PRNewswire/ — Covr Financial Technologies, a leader in insurance technology, hosted a gathering of investors and politicians in their new Hartford office….

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Your Daily InsurTech Briefing – 2024-02-21

Let’s see what’s in the news today. Sure launches innovative offering to liberate insurance industry from legacy vendors Sure, a leading insurance technology provider, has unveiled its latest innovation that liberates carriers,

Tech insurance careers: where AI meets opportunity.

TLDR: Sedgwick Insurance claims administration is offering early career professionals stability, innovation, and impact. Role-based automation leveraging AI tools is transforming the insurance industry. Sedgwick Insurance claims administration has become a desirable

Your Daily InsurTech Briefing – 2024-02-20

Let’s see what’s in the news today. Pekin Insurance implements Guidewire Cloud to power core business Pekin Insurance, an Illinois-based multi-state property and casualty (P&C) insurer, has announced that it has implemented

Customer experience is crucial for InsurTech success.

TLDR: InsurTechs need to focus on customer experience to attract and retain clients. Technology, automation, simplicity, and personalization are key elements in enhancing customer experience. In today’s business landscape, customer experience (CX)