- Insurance Topics | Insurtech | NAIC
InsurTech activity has increased significantly over the last few years and continues to attract significant attention Deloitte estimates InsurTech startups have attracted $16 5 billion in investments over the past decade, and the first three quarters of 2021 saw more investment in InsurTech than 2019 and 2020 combined
- Technology Innovation and InsurTech (H) Working Group - Disbanded
Industry Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant
- Insurance Topics | Chatbots | NAIC
InsurTech company, Lemonade has reported that its chatbots, Jim and Maya, are able to secure a policy for consumers in as little as 90 seconds and can settle a claim within 3 minutes In addition, chatbots are available around the clock and are able to work with thousands of users at once, eradicating high call volumes and long wait times
- Technology, Innovation, and InsurTech (H) Working Group
InsurTech founders don’t come from the insurance industry and therefore at times struggle to bring good ideas to life Therefore the GIA tries to help the InsurTech community understand the highly regulated space they are entering Gritz noted that time matters more to InsurTechs Waiting an extra month can be a really significant
- Insurance Topics | Peer-to-Peer Insurance | NAIC
While P2P insurance has garnered attention in the insurtech era, it is not an entirely novel concept P2P represents as much a return to the old roots of insurance as a leap forward P2P represents as much a return to the old roots of insurance as a leap forward
- Agenda - Technology, Innovation, and InsurTech (H) Working Group
TECHNOLOGY, INNOVATION, AND INSURTECH (H) WORKING GROUP Tuesday, August 13, 2024 9:00 – 10:00 a m McCormick Place Convention Center—Grand Ballroom—S100—Level 1 ROLL CALL Eric Dunning, Chair Nebraska Kory Boone Maryland C J Metcalf, Co-Vice Chair Illinois Kevin P Beagan Massachusetts
- Insurtech Concepts: The Internet of Things
Industry Access forms, tools, and resources for individuals and organizations to file forms, improve efficiency, and remain compliant
- Insurance Topics | Artificial Intelligence | NAIC
Though some in Insurtech expect technology like ChatGPT to have “transformative power” on the industry, helping those in insurance track emerging issues and customer needs, the limitations previously discussed make it unlikely that ChatGPT will replace underwriters, claims handlers, or customer service representatives in the near-future
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