Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Pie Insurance Raises $315M in Largest U.S. Insurtech Financing Round of 2022
Sep 21 2022 // Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, said it raised a $315 million Series D round of funding – the largest round of financing for any U.S. based P&C...
InsureScan Expands Auto Insurance Tech Approach to Alabama
Sep 19 2022 // InsureScan, a company that says its software can help agents quote and bind auto coverage in a few minutes, has expanded to Alabama. CEO Mark Chappell, who is based in Alabama, said that while some insurance companies are...
New York Seeks Program Manager for $6.5M Fund for ‘Clean Tech’ Insurance Products
Sep 19 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support insurance innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...
Traffic, Water Shortages, Now Floods: The Slow Death of India’s Tech Hub?
Sep 16 2022 // Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, where his cousins would join him catching...
Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts
Sep 15 2022 // Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central Massachusetts in the city of Worcester. The company said the new Massachusetts office...
Workers’ Comp Insurance Industry Backs CompScience Technology in $6M Seed Round
Sep 9 2022 // CompScience has found a way to reduce workers compensation risk and cost using artificial intelligence. Not just by the numbers, but by analyzing authentic, onsite video taken at clients’ facilities. The company...
Aon Launches Strategy and Technology Group, Aiming to Build Re/Insurer Resilience
Sep 8 2022 // Aon plc, the global professional services firm, has launched a Strategy and Technology Group (STG) to bring together a wide range of expertise and technology solutions — designed to help property & casualty and...
Technology Helps Seniors Stay at Home Longer
Sep 5 2022 // Eighty-five year old Sam’s family and friends feared this was it. Sam, who lives alone, had fallen again and this time, he fractured his back. Days later as he was lying in the hospital bed wearing a back brace, he...
Senior Care Market Experiencing Revived Competition Amid Hi-Tech Boom
Sep 5 2022 // The insurance market for senior care and housing facilities has emerged from the volatile period of the pandemic and is again responsive and competitive. Premiums that were going up considerably are moderating in some...
New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager
Sep 2 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...
Commercial Auto Insurtech Fairmatic Raises $42M
Aug 31 2022 // Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding round to further expand its investment in the performance-priced fleet insurance...
Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re
Aug 31 2022 // Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide...
InsurTech Founders Say Launching an MGA Means Learning to Juggle
Aug 24 2022 // Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference. “I don’t know if I can...
Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay
Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance...
China Extends Industrial Power Cuts as Drought, Heatwave Threaten Wider Disruptions
Aug 22 2022 // Sichuan’s worst drought in more than a half century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut down...
Technology Delivering New Data Sources for Claims Investigations
Aug 19 2022 // The driver of the 2021 Toyota Sienna said he crashed because another car bumped the rear of his vehicle while passing on the right, causing him to lose control. It was the wrong car for lying about the cause of an...
Insurtech Startup Quotech Announces £1 Million Investment Led by Re/insurer Convex
Aug 8 2022 // Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number of angel investors and Convex Group Ltd., the international specialty insurer and...
Omaha, Nebraska to Host Insurtech on the Silicon Prairie in October
Aug 5 2022 // Nebraska Department of Insurance Director Eric Dunning announced that the Insurtech on the Silicon Prairie conference is back in-person and will be held on October 24 and 25. Omaha’s Holland Performing Arts Center...
Insurtech Pie Insurance Partners with Bold Penguin, Talage, and Tarmika
Aug 5 2022 // Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, announced strategic partnerships with three leading commercial insurance platforms: Bold Penguin, Talage, and...
Global Insurtech Investment Down 50% in Q2: Gallagher Re
Aug 4 2022 // Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker Gallagher Re said in a report on...
