Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid. Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute about 650,000 artificial intelligence-enabled …
With rising inflation and the prospects of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new technologies and sources of data. All the while, policyholders are demanding more from underwriters, whether it’s …
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 regulators’ desks. “We had a loss …
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 a return on equity (ROE) lower than their cost …
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s more, COVID-19 has been a major factor in the trend. The sector’s overall aspirational score (toward wanting more automation) was …
Markel and Nationwide join AmWins, CRC Group, Heffernan, and Patra to bring standardized technology-enabled solutions to the insurance industry with AI and Automation EL DORADO HILLS, Calif., April 28, 2021 – A consortium of insurance industry leaders that formed InsurConneXtions …
The New York State Department of Financial Services (DFS) has launched an online application to speed up the re-licensing process for agents and brokers whose original licenses have been expired more than two years. The online re-licensing application is available …
Lakeland, FL, 05/20/13 – Epic-Premier Insurance Solutions, Inc., today welcomed Leslie Curtis as National Sales Manager. Leslie possesses extensive experience within the wholesale insurance marketplace. “Leslie’s impeccable reputation within the MGA/Wholesale marketplace is well known. We are extremely proud to …
