2023 Global Insurance Symposium to Focus on ‘Thriving in a Changing World’

Downtown Des Moines Insurance news
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April 18-20 event to feature new tech, industry leaders & networking Des Moines, Iowa, November 14, 2022: The Global Insurance Symposium (GIS) announced its 2023 conference will be held on April 18-20 at the Community Choice Credit Union Convention Center in Downtown Des Moines. This event draws insurance leaders from around the world for three days of keynotes and panel discussions led by preeminent executives and dignitaries on pressing issues facing the industry, interactive demonstrations of new technologies and opportunities for attendees to help shape the future of insurance. Presented…

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5 Essential Tips When Getting Car Insurance Quotes

Car Insurance Qoutes

In the United States, all drivers are required to insure their vehicles from trucks to motorcycles and everything in-between. However, finding the right car insurance policy to meet your needs can be a daunting task. You’ve likely seen countless commercials and advertisements with each company claiming that they are the best, but how can you be sure you’re finding the right coverage at the right cost? Follow these five essential tips and you’ll never have to worry about overpaying for auto insurance again. Review Your State’s Minimum Insurance Requirements Before…

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Fast-Growing Gradient AI Announces Continued Momentum Built on its AI Solutions that Transform Insurance Claims and Underwriting

Insurance Claims

– Revenue Grows More Than 100% in First Two Quarters – Doubles Global Staffing, Selected by over 30 New Customers Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond.  During this time, the company increased revenue by more than 100% and added over 30 new customers. “Gradient AI is in rapid-growth mode and well-positioned to continue on this path well into 2023,” said Stan Smith, founder and…

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More asset managers addressing insurers investment needs

asset managers data analysis

CAMRADATA, a leading provider of asset manager research, due diligence, investment data and analysis for institutional investors has just published their US Insurance Asset Manager 2022 Directory, the #1 source of insurance asset management data. This year, CAMRADATA’s US Insurance Asset Manager Directory 2022 concentrates on those asset managers who are currently managing portfolios on behalf of global insurance companies, including US insurers, as provided via CAMRADATA’s online manager research platform, CAMRADATA Live. With over 115 asset managers listed, the US Insurance Asset Manager Directory 2022 is the largest and…

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Property insurance shopping drops into negative figures for first time in 18 months

insurance news report

Property and Auto Insurance Shopping Slows at End of 2021  Despite optimism at the outset of the quarter, property and auto insurance shopping trended below 2020 levels at the end of 2021. TransUnion’s (NYSE: TRU) latest Personal Lines Insurance Shopping Report found auto insurance shopping was down an average of 12.5%, while property insurance shopping dropped an average of 3.4%, compared to the same time period in 2020. Record-breaking prices for both new and used vehicles deterred many consumers from auto shopping, and in turn, reduced insurance shopping by as…

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GeoX partners with Sompo Japan to develop AI-based automated underwriting platforms

insurance news

GeoX, a leader in supplying geospatial data to insurers Announced today a partnership with Sompo Holdings Inc., Sompo Japan Insurance Inc., and Sompo Risk Management Inc., specialty providers of property and casualty insurance and reinsurance with operations in the U.S. and 80,000 employees in 228 cities in 30 countries. This partnership will support Sompo Japan as it develops an automated underwriting methodology utilizing state-of-the-art AI technology.  In recent years, advances in geospatial data technologies such as higher resolution and 3D satellite imagery have led insurers to use data in ways…

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2021 Demonstrated the Value of Captive Insurance: CIC Services Shares the 30-Day Countdown

KNOXVILLE, Tenn. – November 2, 2021 – 2020 proved to be a challenging year for many businesses as they navigated the fall out of the pandemic. As 2021 unfolded and COVID cases decreased, many experts felt this was the light at the end of the tunnel and an end to COVID woes. But unfortunately, that wasn’t the case. 2021 has had its own obstacles. Although businesses have been able to reopen and, in most cases, resume business as usual minus some concessions, businesses have still been plagued by supply chain…

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