Emerging Technologies

"By having a simple yes/no metric, such as a temperature that rises above a certain level or drops below a specified level for an agreed-upon amount of time, parametric insurance removes the need to have an adjuster go into the field..."

As part of this month’s ITL Focus on parametric insurance, we spoke with Henry Gale, parametric insurance research lead at Instech London, on the prospects for this increasingly popular approach to insurance.

With firms no longer chained to their on-premise equipment or technology, they can explore flexible, mobile and next-generation options.

An “underwriter simulator” program of gamified learning and 3D interactive scenarios redefines what's possible for workforce training.

"Even before a commercial version of the internet browser was invented in the early 1990s, the rich, geeky types I dealt with in my travels at the Wall Street Journal were figuring out ways to wire their homes to ward off possible intruders."

Low-code and no-code programming are being used to create applications, improve efficiency and enhance the customer's experience.

For as much coverage as telematics has received for decades, its impact is just beginning to be understood.

In most “retail” industries, customer digital enablement is just a matter of “give them what they want.” But insurance requires more nuance.