What Does it Take for InsurTech to Become Mainstream?
We’ve written a lot over the years about autonomous vehicles, and so far, hopes have been high for the most part. But this month at Forbes, Gartner Research Director Mike Ramsey noted a change: “Autonomous vehicles have plunged into the Trough of Disillusionment!” Chalk it up to growing pains.”Hype is still relatively strong, but it isn’t […]
Continue readingAmazon and Homeowners Insurance: Can it Work?
It started with books. Then it added simple convenience offerings, shipping discounts and the like. Ten years after its founding, the company took a gamble on cloud computing, staking an early claim that escalated to Internet infrastructure dominance. Within a few years, it was selling eBooks, music, video and more – and its market capitalization […]
Continue readingHow P&C Insurance Must Adapt to a Sharing Economy
When you want a car, you’ve got a choice: buy or lease. At least, that’s the choice you used to have. These days, people “are no longer restricted to traditional car buying and leasing methods,” said Kyle Hatt at Roadshow. There’s now a third option. Vehicle subscription services are here. If you already have an online subscription […]
Continue readingSelf-Driving Car News Roundup: Insurance Rates, Declining Claims & More
So, what’s happening with autonomous vehicles lately? Buckle up, because it’s time for another news roundup. Questions remain about individual insurance premiums. According to a report by the Casualty Actuarial Society’s Automated Vehicles Task Force (CAS AVTF), it’s high time to consider how autonomous vehicles will affect the premiums that individual drivers pay for insurance. “Quantifying this […]
Continue readingHow Four New Internet Developments May Impact the Insurance Industry
The insurance industry is increasingly digital, but is it ready to capitalize on these four Internet developments?
Continue readingCyber War: Insurers Are Under Attack
Insurers are hit with an average of 113 cyberattacks per year. One-third succeed. Find out why insurers are under attack & how to be vigilant in the cyber war.
Continue readingThree Ways to Pay Less for Payment Processing
Are payment processing fees taking a chunk of your profits? Here are three ways to pay less for payment processing.
Continue readingCommercial Auto Insurance Trends: The Stats on Rising Rates & Emerging Risks
On-the-road risks are becoming more challenging to manage – particularly for fleets. Get the latest news on commercial auto insurance trends and emerging risks.
Continue readingThe Property Insurance Protection Gap: Reasons and Response
The property insurance protection gap is widening thanks to rising populations, property values and severe catastrophes. Here are the details …
Continue readingCan Robots be Held Liable?
With AI’s increasing role in technology, it’s smart to ask … can robots be held liable for mistakes that cause harm? We’re exploring that in the Silvervine blog
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