instech News

Insurance Sector Struggles to Innovate: KPMG International Survey

While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to kindle the spark within their organization, finds a KPMG International report released this week. Based on a survey of 280 …

Insurers Face Risks of Declining Customer Loyalty, Tech-Savvy Firms: Accenture

Insurers are not keeping up with rising customer expectations and will need to offer more innovative products and ally with some nontraditional partners to catch up and to keep more digital-savvy firms from stealing their business, a report from consulting …

Zenefits Rises Quickly to Join Billion-Dollar Start-Up Club

Human resources software company Zenefits said it had raised $500 million in venture funding, giving it a valuation of $4.5 billion and confirming a drop in appetite among venture-backed companies for initial public offerings. Zenefits was founded just two years …