Latest Automation Optimization Headlines
All the headlines from our Automation Optimization Topic Page, ordered by recency.
Erie Strategic Ventures Backs Wagmo, Roots Automation, Trust & Will
Jan 22 2024 // Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in three new portfolio companies: Wagmo, Roots Automation and Trust & Will. The three investments support startups operating...
Oklahoma Insurance Department Adopts Surplus Lines Automation Suite
Dec 14 2023 // The Oklahoma Insurance Department announced the adoption of the Surplus Lines Automation Suite (SLAS) for the reporting and payment of all Oklahoma surplus lines premium taxes beginning January 1, 2024. For all Oklahoma...
Using Technology to Optimize Distribution Growth
Oct 31 2023 // This post is part of a series sponsored by AgentSync. A recap of AgentSync’s VP of Sales, Ryan Ward’s workshop at this year’s Insurtech Insights Conference in New York In an age when it’s difficult...
Is Automation the Answer to Microbusiness Insurance Profitability?
Aug 21 2023 // Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines? Though they’re the smallest of small businesses, microbusinesses account for the...
Is Automation the Answer to Microbusiness Insurance Profitability?
Jul 17 2023 // Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines? Though they’re the smallest of small businesses, microbusinesses account for the...
Automated Weather Insurance Could Offer Help in an Increasingly Hot World
Jul 11 2023 // Carlos José Báez experienced the full brunt of Hurricane Maria when it made landfall in Puerto Rico as a catastrophic storm in 2017. The auto paint shop owner, who lives in Aguas Buenas, Puerto Rico, saw his home badly...
Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley
Jun 16 2023 // Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new automated follow-form facility, led by Beazley’s Smart Tracker Syndicate...
Optimizing Agency Relationships: A Data-Driven Approach to Premium Growth
May 22 2023 // The reported demise of the independent insurance agency as a sales and distribution channel has been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer...
Viewpoint: Optimizing Agency Relationships; A Data-Driven Approach to Premium Growth
Apr 10 2023 // Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models,...
ePayPolicy Announces the Release of Payables Connect – Automating Payables Reconciliation for Insurance
Apr 5 2023 // AUSTIN, Texas. April 5, 2023 – Today ePayPolicy announced the release of Payables Connect, the newest innovation in their suite of insurance payment and reconciliation products. Leveraging ePay’s existing...
Automated Rate Filings Put Root Ahead of Auto Insurance Competitors: CEO
Sep 16 2022 // At a time when auto insurers react to inflation shocks by filing rate increases at a frenetic pace, an insurtech CEO says automation of the activity is speeding his company’s actuarial rate indications onto...
Cyber-Defense Agency Urges Companies to Automate Threat Testing
Sep 16 2022 // The US government’s cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats. The guidance, from a cluster of US and...
Insurance Program Data Optimization and Integration … Staying Ahead of the Curve
Sep 16 2022 // This post is part of a series sponsored by IAT Insurance Group. Data is both a gift and a curse. Across all industries, companies have more information at their fingertips than ever before. Yet not all organizations have...
Viewpoint: Can Intelligent Automation Ensure the Survival of the Insurance Industry?
Aug 19 2022 // The economic viability of the insurance industry’s current business model has been in question for several years. McKinsey’s 2022 Global Insurance Report shows that 52% of the industry’s global equity had...
How Autonomous Car Companies Are Outrunning U.S. Regulators And Lawmakers
Feb 21 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
As Road Fatalities Spike, States Get Funds for Safety Enforcement and Speed Cameras
Feb 4 2022 // Drivers, beware: Speed cameras could be on their way to a location near you thanks to President Joe Biden’s infrastructure law. Under new federal guidance issued Wednesday, states can now tap billions of federal...
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers
Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
People Moves: NFP Cyber Adds Marsh’s Maugé, WTW’s Cavaliere; Dillman to Head Chubb’s Digital Transformation
Jan 28 2022 // NFP Welcomes Cyber Risk Experts Maugé and Cavaliere Insurance broker NFP announced the addition of Courtney Maugé, senior vice president, cyber practice leader, and Rick Cavaliere, senior vice president, senior cyber...
Consumer Reports, Insurance Safety Institute to Rate Vehicle Driver Automation Systems
Jan 21 2022 // Two nonprofit bodies, Consumer Reports and the Insurance Institute for Highway Safety (IIHS), said separately on Thursday they are reviewing safeguards put in place by automakers for vehicles with partial automation. The...
Lloyd’s, IUA Sign Contract With DXC to Help Build Fully Automated Processing
Jan 12 2022 // Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that will build the solutions to digitalize, streamline and fully automate...
