Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Insurance Is on Agenda at Today’s White House Cyber Summit With Tech Leaders
Aug 25 2021 // The White House is hosting an event on Wednesday that will bring together the largest U.S. technology companies for a discussion about cybersecurity challenges following a raft of high-profile hacking incidents earlier...
Mosaic and DXC Technology Launch Technology Platform for Specialty Insurance
Aug 20 2021 // Mosaic Insurance and DXC Technology announced the launch of an insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s...
Tech Giants Are ‘Too Big to Fail’ Because They Host Insurers, Banks on Cloud Platforms
Aug 20 2021 // More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they’re not banks. This time it’s the tech...
Insurtech Blue Marble Launches Weather-Index Crop Insurance for Pakistani Farmers
Aug 18 2021 // Blue Marble, a London-based insurtech that offers affordable insurance protection for low-income families and small businesses in emerging markets, has launched a weather-index insurance-pilot program for smallholder...
Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance
Aug 17 2021 // Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select states. VOOM will distribute the per-mile product both directly to riders and through...
Insurtech Quotall Announces Strategic Partnership with Broker/Fintech Provider Acrisure
Aug 17 2021 // Insurtech ecosystem specialist Quotall announced it has entered into a strategic partnership with global insurance broker and fintech services provider, Acrisure. Under the partnership, Acrisure will provide insurance...
MGA Insurtech Corvus Acquires Cyber-Focused Wingman Insurance
Aug 6 2021 // Managing general agent Corvus Insurance, fresh off of raising $115 million in new venture financing, has made an acquisition with an eye on the admitted coverage marketplace and more digital platform partnerships. More...
HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO
Aug 5 2021 // HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and flood insurance, has confidentially submitted a draft registration statement...
Many InsurTechs Go Under Quietly While Others Ride Funding Wave
Aug 5 2021 // While the aggregate InsurTech funding level for the first-half of 2021 soared past the amount raised for InsurTech businesses for the entire year 2020, InsurTechs continued to quietly shut their doors with much less...
U.S. Tech Firm Operates 100% Autonomous Semi Truck on China Highway
Aug 5 2021 // A semi truck with driverless technology successfully completed a demonstration in busy traffic on a highway in an economic center in China, according to the California firm, Plus, that provided the driverless...
7 Insurtechs With Multibillion-Dollar Valuations
Aug 3 2021 // A number of insurtech startups are coming to market through blank-check companies. Here are valuations of several that have announced special purpose acquisition company (SPAC) plans. (Reporting by Alwyn Scott)
Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot
Aug 3 2021 // Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get coverage, Hippo’s chief executive said in an interview. The company, which has a $5...
Global Regulators Warned About Entry of ‘Big Tech’ Firms into Financial Services
Aug 3 2021 // Central banks and financial regulators urgently need to get to grips with the growing influence of “Big Tech,” according to top officials from central bank umbrella group the Bank for International Settlements...
Infrastructure Bill Includes Safety Technology Mandates for Cars, Trucks
Aug 3 2021 // New cars will be required to have technology to detect drunk drivers and a system to keep children from being accidentally left in vehicles on hot days under a series of long-sought safety measures included in the...
Insurtech Attracts $15.5M to Its Commercial, High Net Worth Flood Insurance Platform
Aug 3 2021 // Colorado-based reThought Insurance, a managing general agency focused on the flood insurance market, has secured $15.5 million in investment to accelerate its growth. The company currently writes flood coverage for complex...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
Jul 30 2021 // FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves insurers in more than 40...
Insurtech Agentero to Expand Digital Network for Agents After Raising $13.5M
Jul 29 2021 // Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based insurtech, launched in 2017, is designed to help insurance agents access...
Insurtech Investment Reaches Record $7.4B for First Half 2021
Jul 29 2021 // Insurtech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first half of 2021, according to the latest Willis Towers Watson report on the sector. Global...
Disruptions from Cyber Attack Force S. Africa Port Operator to Declare ‘Force Majeure’
Jul 27 2021 // Transnet SOC Ltd., South Africa’s state-owned ports and freight-rail company, declared force majeure at the country’s key container terminals after disruptions caused by a cyber attack five days ago. The...
Managing Through Disruption: The Importance of Risk Management for Supply Chains
Jul 26 2021 // This post is part of a series sponsored by The Hanover Insurance Group. Over the last decade, we have witnessed many types of unpredictable disasters, including terrorist attacks, wars, earthquakes, economic crises,...
