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Today's Headlines August 8, 2022

How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

The U.S. Supreme Court's June overturning of the 1973 Roe v. Wade decision protecting women's constitutional right to an abortion has brought with it reports of growing digital privacy concerns. Most of the concerns center on individuals' collected data due to things like location tracking, text messages, search histories and emails, as well as period... read more
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Berkshire Hathaway Reports $43.8 Billion Loss as Stock Holdings Tumble

The slide in U.S. stock prices punished Berkshire Hathaway Inc.'s bottom-line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at GEICO, where parts shortages... read more
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 Brand Spotlight 
Better Together: Smart Home Technology and Insurance

Insurance has long been a one-dimensional purchase – you buy it and keep the policy until you need it. The problem is that the interaction is largely one-sided, and most people never actually make a claim or reach out to their insurance company. However, the way ...read more
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Pie Insurance Partners With Bold Penguin, Talage and Tarmika

InsurTech Pie Insurance, which specializes in workers comp insurance for small businesses, has formed strategic partnerships with three leading commercial insurance platforms: Bold Penguin, Talage and Tarmika. Agents using these partners have even more flexibility to access quotes from multiple carriers and can quote Pie policies directly without leaving their platform of choice. By integrating... read more
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Alliant Response to Gallagher Poaching Suit: Female Employees Left Due to Poor Treatment

Alliant Insurance Services fired back at rival Arthur J. Gallagher in response to a request from Gallagher for a temporary restraining order against Alliant, accusing Gallagher of "rampant sexism, discrimination, and unfair treatment of women." The request for a restraining order from Gallagher came as part of its latest lawsuit against Alliant filed late last... read more
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SPONSORED BY: Amazon Ads

Max Life Insurance used Amazon Ads to drive quality leads

Max Life Insurance used Amazon DSP to reach custom audience segments based on life stage, lifestyle habits, and product purchases - 66% of the generated leads were found to be relevant. Amazon Ads can help design ad experiences that leverage billions of first-party insights... read more
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CapSpecialty CEO Sennott Steps Down

CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation, announced that Jack Sennott is stepping down from his roles as CEO, president and chair, effective Aug. 31. Alleghany has named Adam Sills, currently CapSpecialty's head of Specialty Underwriting, as president and CEO. "Over the course of the past 20 years, Jack held several important roles for Alleghany,... read more
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Liberty Mutual Records Net Loss of $343 Million in Q2

Liberty Mutual Holding Co. said it recorded a second-quarter net loss of about $343 million compared with net income of nearly $770 million during the same period a year ago. CEO David H. Long said results were affected by investment market volatility and loss-cost inflation. "Pre-tax net realized investment losses of $671 million along with... read more
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Tech Bytes: New Partnerships at Involta, TNEDICCA, CCC Intelligent Solutions

Involta, a data center, hybrid IT and cloud-forward consulting firm, announced a partnership with HacWare, an AI-driven cybersecurity awareness and training software-as-a-service product that combines threat intelligence with user behavior to help IT teams combat phishing attacks. HacWare's internal risk assessment provides real-time threat intelligence to show internal vulnerabilities. It learns from the intelligence to... read more
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Research and Webinars

Carriers’ Top Priorities in Modern Digital Experience

For many carriers, providing an exceptional digital experience for agents is a ...
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How to Balance Speed and Scale on Your Path to Digital Transformation

With all the technology available today, "going digital" might sound easy. But ...
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What the Future May Hold for New AI/ML Insurance Capabilities

AI underwriting is here: Are you ready? What do you think of when you think of ...
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Digital-First Versus Traditional Telephony Approaches

The Property and Casualty (P&C) insurance industry is being dramatically ...
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Utica First Replaced Their 30-Year-Old Tech... See What Happened Next

Based upon Utica First's own implementation experience, VP of Operations, ...
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Media

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