According to Novarica’s 2015 US Insurer IT Budgets and Projects report, approximately 20-30% of insurers are replacing claims systems. On Wednesday, May 28th at 2 pm (ET) I will be hosting a webinar, which will examine trends and issues in … Continue reading →
In January 2011, I wrote a post on this blog highlighting three glimpses of the future of insurance. The three issues I called out were: Underwriting without questions, as illustrated by the Aviva/Deloitte pilot project featured in the WSJ in … Continue reading →
With investor money flooding the insurance technology sector and tech company M&A activity at a fever pitch, Novarica has published two new reports: “Insurance Software M&A Update 2015 Q2” and “Insurer Accelerators and VC Funds: Buying Innovation”. With the recent … Continue reading →
With cyberattacks and hacks splashing front pages across the country, 80% of commercial insurers see cyber insurance as a “major growth area” for the sector this year, according to Insurance Information Institute polling.