Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
3 Ways Auto Insurers Should Adapt to Drivers’ Changing Road Habits
Nov 7 2016 // For a historically slow-moving industry, changes are occurring at a rapid rate in today’s auto insurance world. Drivers’ road habits are shifting and auto insurers should adapt to the changing behavior behind...
China’s Online Insurer ZhongAn Launches Fintech Incubator
Nov 4 2016 // ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co....
How Independent Agents Are Feeling About Growth, Technology and Disruption
Nov 3 2016 // Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about...
So Where’s All That Economic Disruption from Technology?
Nov 3 2016 // A funny thing happened on the path to disruption. This decade, most of Silicon Valley’s big societal claims have turned out to be wrong. These claims arguably began around the time this cycle’s real expansion...
Chubb Expands BOP Coverage to Small Technology Firms
Nov 3 2016 // Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment. Chubb BOP for the...
Former Travelers, PMA Executive Klotz Joins Technology Advisory Firm Novarica
Nov 2 2016 // Novarica, a research and advisory firm focused on insurance technology strategy, announced that Jim Klotz has joined the firm as a vice president of research and consulting. Prior to joining Novarica, Klotz spent 15 years...
Indio, Tech Startup for Commercial Insurance Brokers, Raises $2 Million
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing. Venture capital firms NEA, Compound,...
Entrepreneur Shuts Startup After U.S. Questions Safety of Self-Driving Kit
Oct 31 2016 // Self-driving cars are getting closer by the day, but they won’t be coming from hacking phenomenon George Hotz. Hotz, the first person to jailbreak an iPhone and a vagabond of the world’s top tech companies, has...
IBM Sees Advantage in Client Owning Watson-Generated Knowledge
Oct 28 2016 // IBM Chief Executive Officer Ginni Rometty sees proprietary data combined with artificial intelligence technology as the competitive advantage for companies going forward. When International Business Machines Corp. works...
This Bud’s for Uber’s Self-Driving Truck Road Test
Oct 25 2016 // A tractor trailer full of beer drove itself down Colorado’s I-25 last week with nobody behind the wheel. Uber Technologies Inc. and Anheuser-Busch InBev NV teamed up on the delivery, which they said is the first time...
XL Catlin Introduces Cyber Insurance Endorsements for Specific Industries
Oct 24 2016 // XL Catlin’s Cyber & Technology has unveiled endorsements for financial institutions, healthcare, retailers as well as energy and utility companies that address cyber risks of each industry. “All businesses...
P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region
Oct 24 2016 // Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company...
The Insurance Industry of Tomorrow
Oct 24 2016 // There was a great turnout for the future of the insurance industry early this month in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs,...
Insurance Industry Collaboration Key to Facing Disruption, III CEO Says
Oct 21 2016 // In an increasingly connected and globalized world, the insurance industry needs to work together to understand and accommodate the many disruptions it faces today and in the future, according to Sean Kevelighan, CEO of the...
Automakers, Chipmakers Race to Equip Autonomous Vehicles
Oct 21 2016 // Tesla Motors Inc.’s decision to equip all of its vehicles with self-driving hardware has intensified competition among rival camps of technology and auto companies over what equipment will be on board cars of the...
Could Allstate’s ‘5 Minute’ Small Business Policy Transform Commercial Lines Sales?
Oct 19 2016 // At a time when technology startups are also targeting the small commercial insurance market, giant Allstate has debuted a hi-tech business insurance quoting platform that it says makes it possible for small business owners...
Auto Claims Startup Snapsheet Attracts $20 Million in Funding
Oct 18 2016 // Liberty Mutual and USAA are among the backers behind of Snapsheet, a startup that is developing virtual auto claims technology and services that recently closed on $20 million in new financing. Snapsheet disclosed the...
Insurers Take Risk in Not Growing Technology Budgets in Age of Disruption: Novarica
Oct 17 2016 // Despite the increased challenges facing insurers from new technology-enabled competitors, insurers’ 2017 information technology budgets look a lot like those of prior years, according to consulting firm...
10 Takeaways from the Future of Insurance and InsureTech Connect Conference
Oct 17 2016 // You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an...
Using Big Data to Predict Terrorist Acts Amid Privacy Concerns
Oct 13 2016 // Before Ahmad Khan Rahami planted bombs in New York and New Jersey, he bought bomb-making materials on eBay, linked to jihad-related videos from his public social-media account and was looked into by law enforcement agents,...
