insurtech

I’m excited that the ski season is about to start where my family and I live in Northern California. I’m even more excited we’ve arrived at Banff, the second release in Guidewire’s bi-annual release cadence! In June we released Aspen, the most important release in Guidewire’s history, where we introduced Guidewire Cloud Platform and reimagined core platforms. ... Read More >
The impact of cybercrime on the global economy is growing at a rapid pace. By next year, global cybercrime losses could reach a staggering $6 trillion according to the World Economic Forum. And yet the global cyber market is currently worth a mere $7 billion. ... Read More >
It has been difficult for the insurance industry to formulate a proper vision for their use of predictive analytics. Executives who set their company’s direction tend not to understand the scope of what is possible and lack direct experience with the benefits and challenges. Conversely, those who do have more experience and understanding tend not to be in a position to establish a corporate-wide vision. ... Read More >
As the insurance industry as a whole continues to feel the effects of COVID-19 in many different ways, insurers in the workers’ compensation market are keeping a close eye on claims numbers and legislative activity. According to a National Council on Compensation Insurance article earlier this month, complex COVID-19 claims are rare in frequency but have a disproportionately high impact on medical expenditures. ... Read More >
Auto claims satisfaction reaches record high.  ... Read More >
In my Trendsetters blog series, I explore 3 insurtech value propositions rated as the top emerging trends for 2020.  Email my customer facing blogs to prospects and carriers here.    ... Read More >
70% of U.S. auto insurers will be using telematics UBI by the end of 2020.*... Read More >
Covid-19 is forcing our industry to rethink how insurers do business with their consumers. In this blog series, I will focus on insurtechs in our partner community that are enabling the “new normal” of digital and online business. ... Read More >
I’ve had the pleasure of collaborating with many folks here at Guidewire who are working to fulfill one of our key missions: enabling a vibrant ecosystem that insurers can harness to accelerate innovation and differentiate. This is a goal we have not just as a company but as a participant in the P&C industry. Recently there’s been a tremendous amount of momentum in this area. The introduction of new integration approaches and developer tools, along with the pace at which new partners are signing on to participate in the Guidewire Marketplace, has resulted in a huge increase in the number of apps available. We’ve also introduced entirely new categories of solutions such as virtual claims inspections and AI-powered fraud detection. ... Read More >
My friend and colleague Laura Drabik, Chief Evangelist at Guidewire, published a blog in January encouraging the P&C industry to set a goal to make 2020 the year we “make insurance convenient.” With the Aspen 2020.1H release in June, Guidewire customers gained new capabilities that are giving them a completely new path to achieving that goal. ... Read More >

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