Insurtech

Use cases for artificial intelligence in insurance are continuing to grow, ranging from interpreting aerial imagery to customer support.

Policyholders and claimants expect the payment process to be an easy and transparent aspect of the claim process.

The top 12 insurtech investors of Q1 invested in 30 companies.

Life insurance companies concerned about digital customer experience, according to research from Equisoft in collaboration with the Life Insurers Council

Venture capital firms and insurers, led by Adams Street Partners, raised $162 million for the life insurance technology company.

The three largest deals had an average round amount of $101 million.

Travelers Canada acquired by Definity for $2.4 billion and Nearmap to acquire itel, plus more insurtech news.

Insurance carriers can increase success by strengthening partnerships with agencies.

A recent Digital Insurance survey found that boosting workplace efficiency and customer experiences were a handful of goals for artificial intelligence use.