Claim Denial Rates by Line of Business (2026)
UK motor rejects about 1% of claims. US homeowners closes 31% without payment. The gap is mostly definitional, not behavioural.
Blog
Insurance software, insurtech & product insights
Guides, market data and product news for teams building modern insurance software.
Claims
Statistics
European Insurance Market Statistics 2026
EEA insurers wrote about 1.6 trillion euros in 2025. The harder question is which countries the number actually covers.
Underwriting
Insurance Expense Ratio and Combined Ratio Benchmarks
The US industry ran a 25.8% expense ratio in 2025. Lloyd's ran 35.6% and made more money. A benchmark is only useful once you know what it is measuring.
Industry Trends
Insurance Industry Ownership: Mutual vs Stock vs MGA Capital
Policyholders may own the insurer. Shareholders may own it. Or an underwriting team builds the product while somebody else carries every pound of the risk.
Statistics
Insurance Retention Rate Benchmarks 2026: By Line, Channel and Renewal Method
Goosehead reported 85% client retention and 90% premium retention for the same year. Neither figure is wrong, and that is the whole problem.
Statistics
Specialty Insurance Statistics and Insights 2026
Global flood losses came in at $3.4 billion against a $15.4 billion five-year average. Swiss Re calls that variability, not a smaller hazard.
Statistics
Takaful Market Size and Growth (2026)
One research firm sizes the global takaful market at $39.6 billion. The IFSB reports $71.1 billion of Islamic insurance assets. Both are right.
Claims
Travel Insurance Claims Statistics 2026: Payouts, Denials and Cycle Times
Medical expenses are about a third of UK travel claims and more than half the money paid out. The averages hide a case that passed a million pounds.
Statistics
Parametric Insurance: Key Statistics and Where it Makes Sense
Jamaica had $91.9 million in hand 14 days after Hurricane Melissa. Sizing the market that paid it is harder: the 2026 forecasts differ five-fold.
Statistics
Property and Casualty Insurance Industry Statistics 2026
US P&C insurers closed 2025 on a 92.9% combined ratio and a $68.7bn underwriting gain. Net income fell anyway. Both numbers are correct.
Statistics
Usage-Based Insurance Statistics 2026
34 million telematics policies are in force across Europe and North America, and roughly 10 million of them are in Italy.
Statistics
Device Insurance Statistics 2026: Market Size, Claims and Key Trends
UK gadget premiums rose 3% while policies fell 5%. The market forecasts say growth; the portfolio data says fewer customers paying more.
Statistics
Insurance Fraud Statistics 2026: Claims, Costs and AI Scams
In June 2026 Allianz traced a cracked-bumper photo to the owner's own social media. The damage was added with AI. The accident never happened.
Claims
Insurance Claims Data Now Describes a Different Claim
Total loss frequency hit a record 23.1% and calibrations now touch 28.3% of repairable estimates. Barely half of claims are a plain repair any more.
Industry Trends
What the 2026 Climate Reports Mean for Insurance
Hurricane Melissa paid Jamaica's cat bond in full while insurers had their quietest half-year since 2020. The 2026 climate reports say not to trust the quiet.
Industry Trends
The Future of Insurance Technology: Predictions Worth Holding Us To
Insurance technology's flagship future went insolvent in Zurich in 2022. This piece grades the last decade's predictions before making five of its own, each falsifiable.
Statistics
Cannabis Insurance in 2026: The Line Nobody Can Size
No institutional premium series exists for cannabis insurance. What is measurable: licensed businesses are down 13% in two years while property rates rose up to 40%.
Statistics
2026 Cyber Insurance Statistics and Trends
US cyber premium fell 7% in 2024, the first decline in the market's history, while policy count held flat and loss ratios stayed strong. A price correction, not a retreat.
Statistics
Marine Insurance Statistics 2026: A Safer Fleet and a Record Loss
Total losses have fallen by nearly two thirds in a decade. In the same window one container ship cost the market $2.8bn. Frequency and severity have come apart.
AI Insurance
Agentic AI in Insurance: Why Most Pilots Never Reach Production
Only 11% of agentic AI use cases reached production last year. Cigna's claim-denial system got there on 1.2 seconds of human review. What the others did differently.
AI Insurance
AI Agent Insurance Products: The New Wave, and How to Launch One
Insurers spent two years writing AI out of standard policies and building a new market to replace it. Here is what Armilla, Munich Re, AIUC and Testudo sell.
Insurtech
The API Is the Product Now: Why Distribution Buys Integration Speed
A small MGA onboards a new distribution partner in three weeks. Fortune 100 carriers have been at the same problem for two years. Here is where the gap comes from.
Underwriting
Insurance Talent Shortage 2026: Why the Apprenticeship Broke
The retirement wave the industry forecast for years named 2026, and it is 2026. The harder problem is that the junior roles that used to backfill it have gone.
MGA
MGA Market 2026: Growth With Less Pricing Power
US MGA premium grew 12% in 2025 against the wider market's 5%. In the same window AM Best cut its outlook on the channel to stable. Both have one cause.
Innovation
Parametric Insurance Beyond Catastrophe: Cloud Outages, Sensors and AI Performance
Parametric cover used to mean hurricanes and earthquakes. In 2026 it pays out for cloud downtime, shaking at one building, and AI models that stop performing.
Industry Trends
The Two-Speed Market: How to Grow When Property Rates Fall and Casualty Rates Climb
In the same quarter, US property rates fell 13% and US casualty rates rose 7%. Calling that a soft market is costing people money. Here is what each half is doing.
Comparison
9 Best Insurtech Platforms in 2026
A breakdown of the leading insurtech platforms in 2026, from core systems like Guidewire and Duck Creek to Openkoda, Socotra, Foliume, and HealthEdge.
Claims
Best Claims Management Software Solutions in 2026
The best claims management software solutions for 2026, comparing Openkoda, Duck Creek, FileHandler, Guidewire ClaimCenter, Origami Risk, and Snapsheet.
Buyer's Guide
Top 10 Best Insurance Policy Administration Software
A 2026 rundown of the leading insurance policy administration systems, from Guidewire and Duck Creek to Openkoda, with strengths and ideal use cases.
Comparison
Best Policy Management Software Systems in 2026
Six of the best policy management software systems for 2026 compared, with pros and cons for Openkoda, PowerDMS, Guidewire, LogicGate, ConvergePoint, and MetricStream.
Claims
Insurance Claims Management Software Explained
What insurance claims management software is, its must-have features, ready-made vs. custom approaches, and the key criteria for choosing the right platform.
Policy Admin
Policy Management Software Guide
Definition, key features, and buying advice for insurance policy management software, plus how custom, off-the-shelf, and insurtech platform approaches compare.
Policy Admin
Policy Administration Software (PAS): Complete Guide
What policy administration software is, its core functionalities, common legacy challenges, and how to choose between custom and out-of-the-box solutions.
Statistics
AI in Insurance Industry: Statistics, Trends, Adoption, and Investments (2026)
Market size, adoption rates, ROI data, and funding trends showing where AI is delivering real value across the insurance industry in 2026.
Statistics
Car Insurance Statistics and Facts (2026)
The latest car insurance data showing how premiums vary by state, age, gender, and vehicle brand, plus what's driving rising costs in 2026.
Statistics
Embedded Insurance Statistics and Market Dynamics (2026)
Market size, growth rates, regional dynamics, and product-line data showing how embedded insurance is reshaping distribution through 2034.
Trends
Insurance Industry and Insurtech Trends for 2026
The five insurtech trends shaping 2026: embedded distribution, targeted generative AI, parametric insurance, digital twins, and specialty lines.
Statistics
Life Insurance Statistics and Trends (2026)
Market size, ownership rates, the protection gap, product mix, and average costs shaping the global life insurance market in 2026.
Statistics
Pet Insurance Statistics, Facts and Trends (2026)
Pet insurance is scaling fast: North American premiums topped $5.2B in 2024 and the global market is projected to reach ~$79.6B by 2033.
Buyer's Guide
Claims Routing Tool: Buyers Guide
Why claims routing is the backbone of modern claims processing, the key features to look for, and the 10 best claims tools in 2026.
Buyer's Guide
Best MGA Insurance Software Systems in 2026
How to evaluate MGA insurance software for delegated authority, plus a comparison of Openkoda, Guidewire, Genasys, SANDIS, and Expert Insured.
Buyer's Guide
Top 10 P&C Insurance Software Vendors in 2026
A rundown of the top 10 property and casualty insurance software vendors shaping 2026, from Guidewire and Openkoda to Duck Creek and Majesco.
AI
Generative AI Use Cases in Insurance Industry
Where generative AI actually delivers value in insurance today, what early pilots taught the industry, and how to adopt it responsibly.
Buyer's Guide
Life Insurance Policy Administration Software Guide
How modern policy administration software helps life and annuity carriers launch products faster, cut operational costs, and modernize legacy systems.
Comparison
Top 5 Insurance Core Systems in 2026
The five leading insurance core platforms of 2026 compared: Openkoda, Insurity Sure Suite, Guidewire, Duck Creek and BriteCore.
Checklist
7 Step Checklist for Insurance MGA Software Modernization
A step-by-step checklist for MGAs modernizing their core systems, covering goals, audits, integration, flexibility, platform choice, data and change management.
Comparison
Top 10 Insurance Software Development Companies (2026)
The ten best insurance software development companies for 2026, from Openkoda and Stratoflow to Guidewire, Duck Creek, Sapiens and Insurity.
Comparison
Top 10 AI Reporting Tools in 2026
Ten AI-powered reporting tools reshaping data analysis in 2026, from Openkoda AI Reporting and Tableau to Domo, Glean and ChatGPT.
Comparison
Best Low Code Platforms For Insurance in 2026
A rundown of the top five low-code platforms helping insurers build applications faster: Openkoda, Mendix, OutSystems, Appian and Pega.
Guide
Accelerating Insurance Digital Transformation: 2026 Outlook
What digital transformation really means for insurers in 2026: drivers, benefits, common roadblocks and real-world examples across the value chain.
Guide
Innovative Insurance Products to Introduce in 2026
Where insurers can innovate in 2026: embedded insurance, custom claims and policy apps, AI analytics, personalized products and specialty lines.
Trends
7 Key Insurtech Trends For 2026
The seven insurtech trends set to reshape insurance in 2026, from embedded insurance and AI to self-service, legacy modernization and emerging risks.
Comparison
Best Guidewire Alternatives: Openkoda vs. Guidewire
How Openkoda's configurable, AI-native platform stacks up against Guidewire's feature-rich P&C suite on flexibility, cost, and speed-to-market.
MGA
MGA Insurance Software Guide (2026): Faster Product Launch
Why MGAs need specialized software, the features that matter most, and how Openkoda's insurance templates and configuration-first design cut build time by up to 60%.
Insurance Software
Custom Insurance Software Development: Faster Approach
Why classic custom insurance software builds run long and costly, and how Openkoda's ready-to-use foundation cuts development time and cost by up to 60%.
Takaful
Takaful: Complete Guide to Islamic Insurance
What takaful is, how the Islamic model of insurance works, its key Sharia principles, and the software takaful operators need.
Takaful
Takaful Core Administration System: Complete Guide
What makes a takaful core administration system different, and the Sharia-compliant AMS features you need to build a scalable operation.
Insurtech
Insurtech Companies Tracker
A living tracker of the most innovative insurtech companies, plus 2025 statistics on funding, AI adoption, and embedded distribution.
Mutual Insurance
Mutual Insurance Software: Boosting Efficiency and Transparency
Why mutual insurers must move beyond legacy systems, the core software they need, and the top platforms to consider.
Agency Management
Complete Guide to Insurance Agency Management System (AMS)
What an insurance agency management system is, its key benefits and features, and how to build your own bespoke platform with Openkoda.
Embedded Insurance
How to Build Your Own Embedded Insurance for Device Protection
A step-by-step framework for building a customizable, embeddable device insurance quote form with dynamic pricing, validation and automation.
Embedded Insurance
10 Examples of Successful Embedded Insurance Products and Applications
Ten real-world examples of embedded insurance from Tesla, Airbnb, Zillow and more, plus five touchpoints where you can embed coverage.
AI Insurance
5 Practical Examples of AI in Embedded Insurance
Five practical examples of how AI and IoT improve embedded insurance, from customer experience to dynamic pricing and real-time risk assessment.
AI Analytics
AI-Driven Insurance Analytics: Faster, Better, Smarter
How AI-driven analytics makes insurance data analysis faster, better and smarter across pricing, underwriting, claims and fraud detection.
Embedded Insurance
Top 5 Embedded Insurance Providers in 2025
A look at embedded insurance, the main software types, and the top five embedded insurance providers to know in 2025.
Innovation
Driving Insurance Innovation: Key Trends and Strategies
The key insurance tech trends for 2025 and a three-step strategy for turning bold ideas into successful, scalable insurance products.
Personalization
How Embedded Insurance Enables Personalized Protection
How embedded insurance uses real-time data to deliver hyper-personalized, one-click protection across ecommerce, travel, healthcare and real estate.
App Development
How to Build Insurance Application Faster
How the Openkoda platform helps insurers move from idea to a ready insurance product up to 60% faster without sacrificing quality.
Product Development
Best Strategy for Reducing Insurance Product Development Time and Cost
How modern development platforms like Openkoda cut insurance product development time by up to 60% without sacrificing compliance or scalability.
Document Management
Guide to Insurance Document Management Systems
What an insurance document management system does, how to choose one, and the key features to look for when digitizing your paperwork.
Legacy Modernization
Insurance Legacy Systems Modernization: Winning Strategy
How insurers can modernize legacy systems with an Extend, Modernize, and Replace strategy to cut costs and drive innovation.
Underwriting
Understanding Automated Underwriting System
How automated underwriting systems work, why fast customization matters, their key benefits and limitations, and the future role of human underwriters.
Embedded Insurance
Embedded Car Insurance: How to Build It?
The benefits of embedded car insurance and a step-by-step guide to building a dynamic, embeddable auto insurance quote form with Openkoda.
Industry Trends
5 Key Insurance Industry Trends for 2025
Five trends shaping insurance in 2025, from embedded insurance and AI to product innovation, climate resilience, and predictive analytics, plus expert tips.
Personalization
Innovative Personalized Insurance Explained
A deep dive into insurance personalization: the technologies driving it, ways to personalize the experience, benefits, challenges, and insurer strategies.
Platform
Salesforce Alternative For Enterprise Insurance Applications
Why companies outgrow Salesforce and how Openkoda offers a flexible alternative with no vendor lock-in, no per-seat pricing and on-premise deployment when you need it.
Specialty Insurance
How Technology Powers Specialty Insurance Products
What specialty insurance is, why it matters to customers, and how the right technology stack lets insurers launch niche products faster and at scale.
Agency Growth
Top Insurance Agency Growth Strategies
Eight proven strategies to grow an insurance agency, from diversifying products and digital transformation to data analytics and client retention.
Embedded Insurance
What is Embedded Insurance: A Straightforward Guide
A clear introduction to embedded insurance: what it is, why it matters, how it works, and how businesses can implement it.
Data & Analytics
Data-Driven Insurance: Opportunities and Common Issues
How insurers turn customer data into precise risk assessment, personalization, and growth - plus the collection, processing, and security challenges to expect.
Statistics
Embedded Insurance: Key Statistics, Trends and Forecasts
The latest embedded insurance market data, growth forecasts, and industry trends shaping how coverage is sold at the point of sale.
Product News
Openkoda Announces the Release of Openkoda 2.0
Openkoda 2.0 launches as an enterprise platform for building modern insurance applications with Generative AI and pre-built templates.
See Openkoda in your context
Book a live, personalized demo with our product team - tell us your use case and see the platform work with your data. No commitment.