News and information for insurance professionals on the various ways technology is being used to provide "solutions" for clients, for example, the ways smart homes are helping assess risk for homeowners insurance.
Autonomous vehicles promise of no brake pedals, no steering wheel and virtually no human error has insurance leaders questioning whether Prop 103s days are numbered.
Insurance representatives told California lawmakers last week that access to data generated by autonomous vehicles will be key to their industrys ability to write policies and assess liability in the emerging market.
While insurers may be cautiously optimistic about the likelihood of economic expansion and regulatory relief this year, a number of obstacles could undermine their top- and bottom line growth.
P&C insurers may have their hands full in 2017 coping with a host of challenges, but that doesnt mean they dont have significant opportunities for growth and operational transformation this year and beyond.
A break-out session at NU's Annual Insurance Executive Conference explored technology and channel initiatives underway, producers view on them, and where carriers are coming up short.
Carriers may have to consider some major adjustments in their business, operating, and investment strategies to maintain, let alone grow, their bottom lines in this Waiting for Godot environment.