Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Robot Dog. Stolen Car Tracker. Security Cone. New York Police Go High-Tech
Apr 14 2023 // New York City officials unveiled three new high-tech policing devices Tuesday, including a robotic dog that critics called creepy when it first joined the police pack 2 1/2 years ago. The new devices, which also include a...
Business Moves: Arch Insurance Acquires Insurtech Thimble
Apr 11 2023 // Arch Insurance today said it has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by the job, month or year using app, website, or over the phone. Terms were not disclosed....
UK’s FCA Hires More Than 150 Staff for Data Unit to Ramp Up Tech Capabilities
Apr 11 2023 // The UK’s Financial Conduct Authority hired more than 150 people into its Data, Technology and Innovation division in the past year as the regulator looks to ramp up its tech capabilities. The hires are part of...
U.S. Airports’ Outdated Tech Leaves Planes Vulnerable to Runway Near-Misses
Apr 6 2023 // A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it...
Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products Are Safe
Apr 5 2023 // U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before...
Markets/Coverages: Insurtech Parsyl Launches $20M Lloyd’s Consortium for Perishable Cargo
Apr 5 2023 // Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London. The multi-year arrangement initially will bring $20 million in new capacity to...
The Underwriter’s Edge: Using Data & Technology to Discover What’s Possible in Commercial P&C Insurance
Apr 3 2023 // This post is part of a series sponsored by Insurance Quantified. Underwriting commercial P&C insurance is complex – each industry looks different, small businesses are different than medium-sized ones, and each...
Lloyd’s Lab Selects 13 Insurtechs for Its Next Innovation Accelerator
Mar 30 2023 // The Lloyd’s marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd’s Lab, following a competitive pitch process where the firms presented innovative...
Markets/Coverages: Reinsurance Tech Firm Tremor Launches Cat Bond Issuance Platform
Mar 30 2023 // Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™. Tremor Issuer is part of the suite of Tremor services that can...
Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings
Mar 27 2023 // Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for...
A-Rod-Backed Insurtech Ranger Insurance Launches in Arizona
Mar 23 2023 // Ranger, an “agent-first insurance technology company,” has launched in Arizona in what is planned as the first state in a multi-state national rollout. Ranger touts itself as an insurtech to elevate the role of...
Insurtech Kin Increases Series D Funding Round to $109 Million
Mar 23 2023 // Kin, the direct-to-consumer home insurance company, announced it conducted a third close, an incremental $15 million, to its Series D round in the fourth quarter of 2022. The investment came from Geodesic Capital, QED...
Former AIG CEO Duperreault Joins Board of InsurTech Joyn
Mar 22 2023 // InsurTech Joyn Insurance announced the addition of industry veteran Brian Duperreault to its board as an independent director. Duperreault previously served as executive chairman for AIG’s Board of Directors and as...
Mercury Insurance in California Names Pang Chief Technology Officer
Mar 10 2023 // Mercury General Corp. named Wilson Pang chief technology officer to lead its technological transformation efforts. As part of Mercury’s executive leadership team, Pang will develop and drive digital transformation...
New York City Launches Parametric Flood Program With Insurance, Tech Firms
Mar 8 2023 // Insurer Swiss Re Corporate Solutions, reinsurance broker Guy Carpenter, and the data technology firm ICEYE have teamed up with New York City government agencies to develop a pilot parametric flood recovery assistance...
UK Insurtech Azur Group Sells Tech Services Unit to Senior Managers, Creating New Firm
Mar 8 2023 // Azur Group, the UK-based insurtech, has agreed to sell its technology services business to its senior managers, backed by prominent angel investors. The new company will be called Azur Technology and will focus on the...
The Proof is in the (Expired) Pudding: 7 Ways Legacy Insurance Technology May Be Holding you Back
Mar 8 2023 // This post is part of a series sponsored by AgentSync. The Southwest Airlines catastrophe that rounded out 2022 may have been a nightmare for everyone involved, but there was one positive that came out of it. The debacle...
Spying, AI and Hacking, Oh My… 7 Agent Technology Trends to Watch in 2023
Mar 6 2023 // Technology is a double-edged sword that can drive fear as much as excitement for the future. Game-changing tech, though, allows us to make our imaginations a reality. Let’s take a spin down Future Lane to see what...
‘Strike Force’ to Thwart Theft or Use of Disruptive Technology
Feb 21 2023 // US enforcement agencies are forming a “strike force” to combat adversaries trying to steal advanced technology, hack for financial gain or use new tools to collect intelligence. The move comes as government...
Commercial Auto Insurtech Startup OpenEyes Emerges From Stealth
Feb 14 2023 // OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global software investor Insight Partners and Pitango First, with participation by MoreVC,...
