Insurtech

Federal vs. State: Who Controls Insurance AI Rules?
Technology & Trends Federal vs. State: Who Controls Insurance AI Rules?

A recent executive order aiming to standardize artificial intelligence regulation has ignited a fierce constitutional debate, pitting the federal government's push for uniformity against the states' long-held authority over the insurance industry. This directive, signed by President Donald Trump on

Can AI Solve the Power Outage Insurance Gap?
Insurance Can AI Solve the Power Outage Insurance Gap?

Power grid failures cost U.S. businesses more than $150 billion annually, yet a significant portion of these losses remains uninsured due to critical exclusions in traditional commercial property policies. This vulnerability leaves countless small businesses exposed to immediate and often

What If Core Systems Had No Licensing Fees?
Technology & Trends What If Core Systems Had No Licensing Fees?

For decades, the insurance technology landscape has been governed by a single, unwritten rule where core systems are intrinsically linked to hefty, recurring software licensing fees that dictate budgets and strategic planning. This vendor-centric model, meticulously designed to drive corporate

Brokers Adapt to Thrive in a Digital World
Technology & Trends Brokers Adapt to Thrive in a Digital World

The insurance brokerage industry, long a bastion of handshake agreements and personal relationships, is currently undergoing a seismic shift driven by the relentless pace of digital transformation. This evolution from traditional, in-person service models to a digitally-centric landscape is not

Are Smart Shutoffs a Flood of False Hope?
Technology & Trends Are Smart Shutoffs a Flood of False Hope?

A multi-thousand-dollar smart water valve, designed with sophisticated sensors and cloud connectivity to prevent catastrophic floods, can be rendered completely useless by something as mundane as a changed Wi-Fi password or a power cord accidentally unplugged from the wall. This simple reality

Insurers Move Past AI Hype to a Hard Focus on ROI
Regulatory & Compliance Insurers Move Past AI Hype to a Hard Focus on ROI

The insurance industry has reached a critical inflection point in its relationship with artificial intelligence, moving decisively beyond a period of speculative hype and into an era defined by a rigorous demand for measurable returns. After years of pilot projects and exploratory initiatives, the

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