Lemonade nears profitability target as Q1 growth accelerates
Lemonade Car logged its fastest growth yet, with IFP up 60% from 9% a year earlier, alongside a 74% gross…
Category: Home Loan
How should you interpret State Farm’s growth: scale advantage, or balance sheet strain?
From 2019 to 2024, State Farm expanded its asset base by more than one-third, with equity holdings alone rising from…
Building the foundations for long-term transformation in workers’ compensation insurance
However, Texas Mutual remains heavily invested in major platforms, including Guidewire. Early adoption requires significant customization to meet the specific…
Voluntary severance packages: a good way to get rid of the old and the weak?
On cost, Samfiru is blunt about why a buyout program is cheaper than a mass termination, particularly at companies like…
The Hidden Cost of Legacy Insurance Systems
Insurance organizations are under pressure to move faster, operate more efficiently, and improve financial performance. Yet many carriers, MGAs, reinsurers, and program…
Stephen Fry’s £100K lawsuit after horror stage fall sparks event insurance showdown
According to legal filings, the claim argues that the event setup failed to meet basic duty-of-care standards—citing insufficient lighting, inadequate edge protection,…
Sedgwick ties claims transformation to data scale, client insight, and adjuster efficiency
Chief transformation officer at Sedgwick, Vishy Padmanabhan (pictured), has anchored the company’s digital agenda in a simple premise: claims administration…
Holmes Murphy pushes deeper into digital transformation to reshape broker operations
A broker-led strategy blends platforms, AI, and partnerships to modernize insurance workflows Source link
Westland CIO Kanaris Paraskevopoulos on transformation, data and the next AI frontier
AI without the theatre In a market saturated with grand claims for artificial intelligence, Paraskevopoulos sounds notably restrained. Westland, he…
Worker classification overhaul signals growth – and gaps – in contractor coverage
From an insurance perspective, the distinction between employee and independent contractor is critical. “The biggest difference is the statutory requirement…
Inszone enters Pacific Northwest with Arnold & Smith deal
Arrowhead has separately observed that several competitors have exited the space or begun limiting their offerings, leaving specialty agencies to…
State Farm honors four lawmakers leading distracted driving reform
A State Farm survey of 1,901 licensed drivers aged 18 to 75 found distracted driving topped roadway safety concerns, flagged…