Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022
Apr 5 2022 // Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives. This...
How AI Can Help Agents, Brokers and Insurers Build Empathy
Apr 4 2022 // Empathy isn’t a word small business owners typically associate with insurance companies. But that doesn’t mean empathy isn’t important to policyholders. Quite the opposite: Empathy demonstrated by...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions
Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program. Lloyd’s Lab, the market’s innovation...
NHTSA to Review if Pony.ai Complied With Crash Reporting Order
Mar 29 2022 // The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether startup technology firm Pony.ai complied with government reporting requirements for driverless crashes. Pony.ai earlier this...
Hannover Re Opens Access to Insurtech Innovation Platform, ‘hr | equarium’
Mar 29 2022 // Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with insurtech partners. The platform has been used on a regular basis by more...
People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta’s Toth as Dir. of U/W
Mar 29 2022 // This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA Tamesis DUAL. A summary of these new hires follows here. WTW Promotes Richardson to...
Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M
Mar 28 2022 // Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows...
Big Tech Blackout Set to Be Averted With EU-U.S. Data Pact
Mar 28 2022 // The European Union and U.S. broke the deadlock on a new data-transfer pact, potentially avoiding a doomsday scenario for tech giants such as Meta Platforms Inc. and thousands of other firms that rely on free flows of...
Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover
Mar 25 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax audit insurtech. The amount of the investment was not disclosed. AuditCover is an...
Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry
Mar 23 2022 // This post is part of a series sponsored by AgentSync. The insurance world isn’t moving at the speed of light quite yet, but technology is still bound to transform the ways insurance agents and carriers do business...
Ransomware Hackers Used AI Images, Microsoft Flaw in Campaign
Mar 18 2022 // A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a vulnerability in Microsoft Corp.’s Windows and using artificial intelligence technology to...
People Moves: AXA XL Promotes Europe Managers; WTW Names Bassi for Insurance Consulting & Tech; Sedgwick Appoints Horrocks UK Head of Fraud Tech, Intelligence
Mar 17 2022 // This edition of International People Moves details appointments at AXA XL, Willis Towers Watson and Sedgwick. A summary of these new hires follows here. AXA XL Promotes 2 Regional Managers in Europe Peter Knaus AXA XL...
Connecticut, UK Sign ‘Insurtech Corridor’ Partnership
Mar 11 2022 // On March 10, 2022, the UK Government announced a formal agreement with Connecticut Insurance & Financial Services (CT IFS), the MetroHartford Alliance (MHA), the Connecticut Insurance Department, and Insurtech UK to...
Insurtech MGA Loadsure Raises $11M to Expand Cargo Insurance Technology Platform
Mar 11 2022 // Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor...
Insurtechs Kin, Talage Report Successful New Financing Rounds
Mar 9 2022 // Kin Announces $82M First Close in Series D Financing Direct-to-consumer home insurance company Kin Insurance last week announced the $82 million first close of its Series D round, with additional commitments for a second...
Insurtech Root Focused on Embedded Insurance, CEO Says
Mar 8 2022 // While he didn’t say that distribution of Root Insurance products through independent agents was off the table in 2022, the insurtech’s chief executive officer did say during a recent earnings call that the...
Small Business Revolution
Mar 7 2022 // Optimism, Resiliency Open New Doors for Sector Sector Buoyed by Record Start-Ups, Pandemic Resiliency The global pandemic, economic recession and worldwide supply chain shortages have not hindered the optimism and drive of...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits
Mar 2 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported Monday, citing the impact of social inflation on rising claims...
It’s Time to Think About the Future of Producer Management
Mar 2 2022 // This post is part of a series sponsored by AgentSync. The insurance industry is riding a wave of insurtech and other digital advancements because there is a dire need to transform manual processes that have long hampered...
