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Insurtech wave creates opportunity, not disruption for carriers
The majority of insurtechs will help carriers innovate. But even those competing with incumbents head on can offer valuable lessons to insurers on how to improve customer interaction and utilize digital technologies, according to Jeff Goldberg, SVP of research and consulting, at Novarica. “These lessons that startups...
Snapsheet Execs: Virtual Claims Tech Need Not Take Away Field Staff Jobs
The application of technology in the insurance industry is accelerating at a rapid pace, yet the constraints of legacy infrastructure make it difficult to leverage and integrate new tools to enhance the claims workflow. The industry is at a tipping point, as carriers try to quickly implement too...
Snapsheet Named a Finalist in Chicago Inno’s 50 on Fire 2017
Chicago’s tech companies have a knack for shaking up established industries with new and innovative ideas and solutions. Fintech and healthtech are two major areas of disruption, and insurance technology –– or “insurtech” to those in the know –– looks like it could be next up. From making it easier to get homeowners insurance to streamlining auto c...
Snapsheet raises $12 million to save you time after a car accident
Chicago-based Snapsheet has raised $12 million to streamline the process after car accidents. The company has built a mobile application that surveys the vehicle damage and serves as a virtual appraiser. The latest round of funding is led by Tola Capital and comes just months after a $20 million Series C. “Sna...
Andy Cohen | People on the Move
As COO, Andy will accelerate Snapsheet’s growth trajectory and find new ways to enhance its performance. Cohen joins Snapsheet from CNA Insurance where he spent the past five years as vice president of worldwide field operations. Read more here....