Insurers ease underwriting as carriers compete for buyers again
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic’s mid-year trends report.
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic’s mid-year trends report.
The insurtech builds secure, compliant AI infrastructure for regulated industries including banking, credit unions, healthcare and insurance.
Sen. Elizabeth Warren and other senators sent a letter to six insurers challenging their use credit-based insurance scores to determine risk-based pricing.
Insurance companies with the greatest advantage will adapt products and experiences locally while reusing capabilities globally.
Clients now expect a baseline level of technology options from brokers, the company’s 2026 Broker Services Survey finds.
The insurtech’s co-founder also warns against confusing novelty with value. “Insurance buyers do not need more technology for technology’s sake.”
“Solve a problem the industry actually has — and prove people will buy the answer, before you fall in love with building it,” Henley says in his advice to other insurtechs.
Insurance has been an underperforming industry that resists tech disruption, according to a McKinsey report. However, insurers are finding the technology enables them to cover more risks, and do so more quickly and readily.
Florida changed how the legal system applies to insurance companies, making it more onerous for homeowners to use the courts to challenge denied claims or low payouts.
Legacy infrastructure, data challenges, workflow integration issues, regulatory concerns and skill shortages remain key obstacles in 2026