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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Latest from Blog

Your Daily InsurTech Briefing – 2024-07-26

Let’s see what’s in the news today. US insurtech company Embroker launches real estate insurance programme Embroker, a US digital insurance company, has introduced an insurance programme, specifically designed for real estate agents

MSI chooses Akur8 for better insurance pricing decisions.

TLDR: Akur8’s innovative insurance pricing solution selected by Millennial Specialty Insurance (MSI) to streamline decision-making processes. Partnership to enhance pricing capabilities, deliver competitive rates, and expand within the U.S. personal insurance market.