Embedded insurance offers on-demand drivers flexible, affordable coverage, while providing platforms with a streamlined, trusted onboarding process. To watch the full interview with Elizabeth Blosfield and Dan Bratshpis, CEO of InsurTech Inshur, click here!

Main Points:

1. Symbiotic Partnerships: Platforms like Uber and Amazon partner with insurance providers to offer flexible coverage, reducing onboarding friction and building trust.
2. Tailored Insurance Products: Insurance policies are designed around driving behavior and real-time data, ensuring that coverage meets the unique needs of on-demand drivers.
3. Cost-Efficient & Flexible: On-demand workers benefit from low-cost, usage-based insurance that integrates seamlessly with personal auto coverage, enhancing affordability and compliance.

#EmbeddedInsurance #OnDemandEconomy

The post How Embedded Insurance is Revolutionizing On-Demand Driving appeared first on Insurance Journal TV.

On this installment, we catch up with Ryan Hanley, a popular speaker, podcaster, consultant, thought leader on LinkedIn and Instagram, and a former independent agent. If you haven’t heard Ryan’s commentary, you’ll get an immediate sense of his edge, grit and determination to champion business success for others. His lessons for others are lessons he learned himself — and sometimes the hard way. As he sold insurance and “mastered the close,” he found himself drawn to the importance of strategy. So, today he helps other business leaders find their strategic pivot points. You’ll enjoy listening to Ryan’s stories and philosophy — which include an interesting interchange with his father-in-law. Ryan will be emcee for the agent/broker-focused track at the annual InsureTech Connect conference in Las Vegas, which kicks off October 14.

This episode is brought to you by MEM. We’re what workers comp should be! Get to know us at hello-mem.com to see how we can help you work with confidence.

The post Hanley Guides Agents at InsureTech appeared first on Insurance Journal TV.

In this InsurTech update episode of The Insuring Cyber Podcast, Dan Bratshpis, CEO of InsurTech Inshur, discusses the company’s journey in transforming insurance for the on-demand economy. He shares how his family’s experience in the taxi industry shaped his understanding of the insurance needs of rideshare and delivery drivers and highlights the complexities and opportunities he found in launching a business like Inshur. Check it out!

The post EP. 95: Full Speed Ahead: How Rideshare is Driving the Future of On-Demand Insurance appeared first on Insurance Journal TV.

Predictive and automation tools are empowering insurers to assess weather-related risks more accurately by integrating comprehensive data and preemptively managing potential claims. Global insurers can now assess total exposure by combining data across multiple business segments, such as offshore energy and specialty lines, for events like hurricanes. Watch this short clip with Elizabeth Blosfield’s interview with Doug Ross about these topics — to watch the full episode, click here! 

#WeatherRisk #PredictiveAnalytics

The post How Predictive Analytics and Automation are Revolutionizing Weather Risk Management for Insurers appeared first on Insurance Journal TV.

The insurance industry is leveraging big data and real-time monitoring to automate risk assessment, driving more accurate predictions and risk mitigation strategies. Insurers are increasingly using GIS and hyperlocal data to enhance risk modeling for both residential and commercial properties. Real-time monitoring systems, such as electrical monitoring in commercial buildings, are generating vast datasets that feed predictive analytics. To listen to Elizabeth Blosfield’s full interview with Behzad Salehoun, click here!

#BigData #RiskAssessment

The post How Big Data and Advanced Analytics Are Transforming Risk Assessment in Insurance appeared first on Insurance Journal TV.

On this installment, we learn what’s on the minds of some 2,000 independent agency staffers. Jess Butler, VP of Vertafore, which conducted a national survey, outlines how agents are managing talent, the hard market and technology. Some 70% of respondents said they’re having difficulty placing risks, Jess reports. With a higher workload, 55% said they’re dealing with increased stress. A third of respondents have added new tech tools as a response to managing turbulent market conditions in the last year. Moreover, the agent/carrier relationship is under pressure—a third said they’re looking for new carriers. “There are opportunities for wholesalers and MGAs here,” Jess notes. When Vertafore asked respondents if they would refer a friend to an insurance career opportunity, only 20% said yes. “That number has been dropping since we’ve been surveying agents,” says Jess. “They’re feeling the pressure of the hard market.” She also offers great suggestions on how insurance firms can attract younger workers by changing the conversation on what it’s really like to work here.

The post Hard Market Woes Hammer Morale appeared first on Insurance Journal TV.

This episode of the Insuring Cyber podcast explores how the insurance industry is leveraging data techniques, climate science, and advanced analytics to navigate the rising risks posed by severe weather events. Hear from Behzad Salehoun, Canada insurance lead for Capco, about the use of AI tools for underwriting and assessing climate risk, and Doug Ross, vice president and US generative AI lead at Sogeti – part of Capgemini – about AI-enabled digital twins in the climate space. Check it out!

The post EP. 94: Insuring Against Climate Risk with AI, Big Data appeared first on Insurance Journal TV.

As AI technologies transform industries, new roles such as “AI prompter” are emerging, but many companies are taking a broader approach by integrating AI across all aspects of their operations. Watch this short excerpt from the latest Insuring Cyber Podcast where we look back at an exclusive interview with Gordon Wintrob of Newfront in a Between the Lines Episode. To watch Gordon’s full interview, click here to watch the latest episode of the Insuring Cyber Podcast.

• AI is expected to create new specialized roles, but many companies believe every role will be influenced by AI.
• Some companies, like NewFront, integrate AI into their entire product roadmap rather than assigning it to a dedicated team.
• Large language models and AI tools are being adopted to accelerate product development and workplace efficiency.

#AIinWorkplaces #FutureOfWork

Interested in more Between the Lines? Click here to register for the next episode!

The post AI Revolution: Transforming Workplaces and Creating New Roles Across Industries appeared first on Insurance Journal TV.

You’ll enjoy this episode of On Point, recorded live with a studio audience at the recent AppliedNet tech conference in Nashville. Our guest, Applied Systems CEO Taylor Rhodes, dives into a host of entertaining personal and business topics. AI’s place in insurance is gaining traction, he notes. “Most of our use cases in AI are productivity based,” Taylor says. Example: Agency service reps spend an average of nearly six hours per day just on email. AI can summarize an email thread and attach it to the right customer record. As people learn to trust the technology, Applied will roll out more capabilities, Taylor says. He also covers the role of leadership, why he dislikes social media, and how we can all be better neighbors in an acrimonious election season. “Get out there and meet people not like you,” he says. “Stop looking at others like they’re your opponent.”

The post Live from Nashville: AI & Some Laughs appeared first on Insurance Journal TV.

On this episode of The Insuring Cyber Podcast, take a look back at an interview with Gordon Wintrob, co-founder and chief technology officer at Newfront Insurance Brokerage. A portion of this interview previously ran on Carrier Management’s Between the Lines video series for an episode titled, “Robots vs. Humans: How Will AI in HR Impact Carriers’ People-First Approach?” Check out the full interview here as Gordon dives into how the use of AI within insurance companies could affect employee training and how roles within the workforce might change as a result.

To watch the full episode of Between the Lines “Robots vs. Humans: How Will AI in HR Impact Carriers’ People-First Approach?” episode, visit the research tab on carriermanagement.com!

Plus, register for free to the upcoming October 1st episode of Between the Lines, “Elections, Unrest and Insurance: A Global View“.

The post EP. 93: Training for Tomorrow: How AI Could Affect the Insurance Workforce appeared first on Insurance Journal TV.

In this episode, Golfertainment George and the Florida Insurance Men explore topics ranging from tributes to James Earl Jones, insurance in the Star Wars universe, and the rise of robo-taxis, while touching on the looming AI influence on politics.

James Earl Jones Tribute: The hosts fondly recall the legendary actor’s versatile roles, emphasizing his impact in both cinema and pop culture, from Star Wars to The Lion King.

Insurance in Unlikely Places: Discussion highlights the fascinating world of Star Wars-related insurance, showcasing how insurance infiltrates unexpected realms.

AI in Politics and Transport: The team delves into AI’s increasing presence, including robo-taxis and even a GPT mayoral candidate, sparking debate on the future of AI governance and liability.

#Golfertainment #AIRevolution

The post EP. 07: Star Wars, Insurance & AI Takeover: Golfertainment George & The Florida Insurance Men appeared first on Insurance Journal TV.