Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain
Feb 16 2018 // Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs) in Spain. The platform, powered by...
Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft
Feb 16 2018 // Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh and...
‘Public Is Tired of Excuses’ for Delays in Anti-Crash Tech: Republican Chairman
Feb 16 2018 // The chair of a congressional committee on Thursday urged U.S. railroads and transit agencies to meet a looming deadline to install an anti-crash technology called positive train control after a series of recent...
The High Cost of Cybercrime to Insurers and Banks
Feb 15 2018 // Cyberattacks cost financial-services firms more to address than any other industry and the rate of breaches in the industry has tripled over the past five years, according to a report from Accenture and the Ponemon...
Guest Post: Who Is Liable When No One Is Driving? Part 1
Feb 14 2018 // This week (and for the next few weeks) we are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who...
Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’
Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...
Clearcover Insurtech Announces California Launch
Feb 13 2018 // Clearcover, a data-driven auto insurtech startup, announced the California launch of its platform today and that it is officially selling car insurance policies to residents in the state. The Chicago, Ill-based firm is...
Nebraska Lawmakers Eye State as Test Site for Self-Driving Cars
Feb 13 2018 // Nebraska lawmakers could open the door to self-driving cars and trucks this year with new legislation designed to attract the industry while maintaining public safety. A legislative committee is considering two measures...
Tech Company Roost Forms Insurer Partnerships for Home Telematics Pilot
Feb 13 2018 // Roost, a provider of home telematics for property insurance carriers, has partnered with Erie Insurance to test customer engagement with its Roost Smart Water Leak and Freeze Detector device in order to prevent water...
Software Firm Sapiens to Grow U.S. Market with Acquisition of Adaptik
Feb 9 2018 // Global insurance software firm Sapiens International Corp. has agreed to buy Adaptik, a rival insurance software company focused on policy administration and billing. The move is expected to help the Israeli company boost...
Insurance Not Only Industry Facing Disruption from Driverless Vehicles
Feb 8 2018 // The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to...
Martin Joins MarketScout as Technology Analyst
Feb 7 2018 // MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has added Manoj Martin to its internal technology team. Martin will provide technical support to MIT, MarketScout...
Trial Over Waymo Claim of Uber Trade Secrets Theft Gets Underway
Feb 6 2018 // Uber was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in...
Technology Partnerships Key to Insurance Industry’s Exit from `Stone Age:’ Aviva CEO
Feb 6 2018 // The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to Aviva Plc’s chief executive officer. His company, the U.K.’s...
Waymo-Uber Trial in California Highlights Tech Talent War
Feb 5 2018 // Should full frontal lobotomies be required of Silicon Valley engineers looking to change jobs? Uber Technologies Inc. has said with a touch of hyperbole that that’s what the future holds if Waymo wins its lawsuit...
Japan’s Peer-to-Peer Vouch Insurtech Raises Seed Funding
Feb 5 2018 // Taiwan venture capital firm Nogle Capital Management, Singapore venture capital firm GREE Ventures and several angel investors have participated in the seed funding round of SGD$1 million for Singapore startup Vouch...
Why Independent Agents Remain Alive and Well
Feb 5 2018 // When I began my career as a journalist covering the insurance industry back in 1981, many of my early stories reported on dire warnings in a series of studies and expert pronouncements predicting the imminent demise of the...
CNA Names Omidfar as Chief Technology Officer; Expands Role for Trimuel, Chief Operations, Diversity Officer
Feb 2 2018 // Chicago-based insurer CNA reported that Joyce Trimuel has accepted an expanded role leading CNA’s operations in addition to her current role as chief diversity officer, and Bahr Omidfar has been hired as senior vice...
Incumbent Re/Insurers Drive Insurtech Investments in Q4 2017: Willis Towers Watson
Feb 2 2018 // Re/insurance industry incumbents are fueling investments in insurtech startups, sending a clear message to potential disruptive outsiders, according to a report published by Willis Towers Watson, which detailed 2017 trends...
8 Ways Cyber Threats and Business Security Will Change This Year: Aon’s Predictions
Feb 2 2018 // As cyber attacks increasingly threaten business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more aggressively into their enterprise...
