Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture. The research, which includes new analysis of CB Insights data on insurtech …
A Canadian town known for its annual theater festival is emerging as a hub of “snowtonomous” research, as automakers face demands to produce self-driving cars that can perform in snow and sleet. But testing driverless cars in cold climates brings …
Markets had already delivered their verdict before the European Union’s data privacy watchdogs could express outrage toward Facebook Inc. And while the social media giant lost as much as $60 billion in value earlier this week, Facebook is set to …
Aon Benfield announced a new hire and expanded roles for its reinsurance team in Bermuda. Matthias Meyenhofer will join the firm on Sept. 1, in accordance with his existing contractual requirements, as chief executive officer of Aon Benfield Bermuda, subject …
Europol Executive Director Rob Wainwright is leaving the EU intelligence agency he’s led for almost a decade to help run Deloitte LLP’s cyber-security practice, as companies wake up to the growing “systemic” threat of cyber crime. The 50-year-old MI5 veteran …
A.M. Best has removed from under review with positive implications and upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Great Plains Casualty Inc. (Great Plains) in …
Low back pain is the leading cause of disability worldwide, affecting an estimated 540 million people at any one time. Yet, a new series of papers in The Lancet highlights the extent to which the condition is mistreated, often against …
Uber has suspended road tests of self-driving vehicles after the first pedestrian was killed by one of its vehicles operating under autonomous computer control. Proponents of self-driving vehicles claim they would be safer, as well as more energy efficient, but …
The 2018 outlook for insurance brokers is stable, reflecting good product demand, low capital requirements, significant variable costs, and healthy EBITDA margins and cash flows, which will continue to attract investors, including private equity firms, Moody’s Investors Service says in …
Appalachian Underwriters, Inc. has added Workers’ Compensation Underwriter, Lilyana ‘Lili’ Saunders, to the Sanford, Fla office. She will be writing small comp accounts, as well as building relationships with agents and growing AUI’s book of business. Saunders has been in …
