Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
GEICO, Location-Tech what3words Partner to Enhance Roadside Assistance
Dec 15 2022 // GEICO and location-technology provider what3words announced a new partnership to provide enhanced roadside assistance to customers across the U.S. With what3words, GEICO teams can pinpoint a customer’s precise...
Bridging the Insurtech Divide with Data in 2023
Dec 15 2022 // The magic word to bridge a widening gap between successful and underperforming insurtechs in 2023 is “data,” according to a group of insurtech experts who spoke with Carrier Management about their predictions...
Chubb to Launch Technology Hub in Thessaloniki, Greece
Dec 12 2022 // Property/casualty insurer Chubb announced it will launch a new technology services center in Thessaloniki, Greece, in early 2023, aiming to deliver innovative technologies that enhance the customer experience, increase...
People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London
Dec 9 2022 // Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty...
Many Insurtechs Exit the Marketplace, and Other 2023 Predictions From Forrester
Dec 6 2022 // More than a quarter of insurtechs will leave the insurance marketplace in 2023 – just a couple years after investments in the space were at an all-time high, according to predictions from research and consulting firm...
UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S.
Nov 16 2022 // Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round was led by Venture Capital firm Breega with participation from...
Acrisure Buys New York Technology Services Firm Homefield IT
Nov 10 2022 // Insurance broker and real estate services firm Acrisure announced that it has acquired business technology firm Homefield IT, which will become part as part of Acrisure Cyber Services (ACS). Based in New York City,...
Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace
Nov 10 2022 // Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language...
Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech
Nov 7 2022 // Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market. The Karachi-based company took...
Tech Update: Canopius to Launch Tech and Data Hub in UK
Nov 3 2022 // Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that...
Tennessee Tech Develops Low-cost Sensors to Help Detect Flooding
Oct 24 2022 // Extreme rainfall events, and the dangerous floods that follow them, are happening more often in Tennessee. This risk grows as the climate warms. To respond to this risk, climate scientists, engineers and emergency mangers...
Hackers Targeting Tech Supply Chains Spur Security Startup Boom
Oct 19 2022 // Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for...
Future of Insurance: How Technology May Change P/C Underwriting and More
Oct 17 2022 // With rising inflation and the prospect of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new technologies and sources of data. All the while,...
Identifying the Right Talent for Your Insurtech
Oct 17 2022 // Insurtechs are continuing to disrupt the insurance industry, while pushing traditional insurers to focus on modernization initiatives and how they can best leverage the capabilities of data and analytics. While global...
Google Faces EU Antitrust Charges Over its Ad-Tech Business
Oct 13 2022 // Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said...
People Moves: O’Leary Named CEO RSA Luxembourg; Northcourt Appoints Pool Re’s Butler as Nuclear Industry Adviser; Aon Taps WTW’s Dell’Aglio for Strategy & Tech Unit
Oct 12 2022 // This edition of International People Moves details appointments at RSA Luxembourg; Northcourt (the MGA and underwriter of nuclear risks), and Aon. A summary of these new hires follows here. O’Leary Named CEO of RSA...
Real-Time Tech: Supply Chain Analysis Tools
Oct 6 2022 // Transparency is the key to managing supply chain risk. But some businesses only focus on selective financial information from their suppliers, which can leave them exposed. Beyond creditworthiness, there are many...
Markets/Coverages: Mosaic Adds Excess Tech E&O; CoverTree, Socotra Partner for Mobile Homes; Cover Whale New API
Oct 4 2022 // Mosaic adds excess technology E&O coverage to cyber product offering Mosaic Insurance’s cyber division has launched excess capacity and coverage for a new product aimed at protecting technology sector companies...
Insurtech Lemonade Launches in UK
Oct 3 2022 // Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous international moves in France, Germany, and the Netherlands. Founded in 2015,...
Allianz’s Digital Investments Arm Acquires German Insurtech simplesurance
Sep 30 2022 // Allianz X, the digital investments arm of Allianz Group, will acquire 100% of the shares in Berlin-based simplesurance. Allianz X has been a strategic investor in the Berlin-based insurtech company since 2016 and most...
