Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Patrick Ryan on Today’s E&S Business and Using Aon Experience to Build RSG
Oct 13 2016 // After a notable 50-year insurance career that has included starting and leading two highly successful insurance brokers, 79-year-old Patrick Ryan didn’t mince words when asked if he will ever...
InsurTech Startup Launches Lease Guarantee Platform in New York
Oct 12 2016 // TheGuarantors, a New York based insurance tech startup founded in 2014, is seeking to make renting an apartment in New York easier for landlords, brokers and renters through its newly launched tech-enabled lease guarantee...
Commercial Lines Tech Startup Embroker Now Open for Business
Oct 11 2016 // Technology-inspired startup insurance broker Embroker, which bills itself as the first modern business insurance platform, has officially launched. Embroker is a commercial lines platform that empowers — hence the name,...
Marsh Names IBM’s Drab as CEO of Technology Provider Dovetail Insurance
Oct 11 2016 // Insurance broker Marsh reported that Rich Drab has joined the firm as chief executive officer of Dovetail Insurance, a provider of insurance technology services for the U.S. small commercial market. In this role, Drab will...
Church Mutual to Offer Weather Monitoring Technology for Places of Worship
Oct 11 2016 // Church Mutual Insurance Co. has partnered with The Hartford Steam Boiler (HSB) Inspection and Insurance Company, part of Munich Re, to provide eligible customers temperature and water sensors connected to a 24/7 monitoring...
Rail Lines in Minnesota Getting Automatic Braking Technology
Oct 6 2016 // New safety technology that may have prevented last week’s deadly train crash in New Jersey is being implemented along some rail lines in Minnesota and elsewhere. The new technology, known as positive train control,...
Betting on the Insurance Industry of Tomorrow at InsureTech Conference
Oct 6 2016 // There was a great turnout for the future of the insurance industry this week in Las Vegas. The occasion was the first InsureTech Connect Conference, which brought together an estimated 1,500 tech entrepreneurs, investors...
How Uber Plans to Transform the Long-Haul Trucking Business
Oct 5 2016 // With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for...
China Insurance Market Ripe for Digital Disruption: Viewpoint
Oct 4 2016 // China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So why aren’t they bigger participants in what should be an easy sell online:...
Hamilton, AIG, Two Sigma Small Business Platform to Launch Q4
Oct 3 2016 // American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise...
JPMorgan’s Tamassia Joins AIG as Chief Enterprise Architect
Oct 3 2016 // Hugh Tamassia is joining American International Group Inc. as chief enterprise architect with responsibility for designing an enterprise architecture to effectively drive AIG’s information technology priorities and...
New York Proposes Cybersecurity Regulation for Insurers, Banks
Oct 3 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Obama Onboard with Road Testing of Autonomous Vehicles
Sep 27 2016 // Automated cars have the backing of President Barack Obama, who’s signed off on what’s largely been a hands-off approach to regulating the burgeoning industry, U.S. Transportation Secretary Anthony Foxx...
U.S. Autonomous Vehicle Policy Attempts to Straddle Lanes of Safety and Innovation
Sep 22 2016 // The new U.S. policy on self-driving cars received a mixed reaction from highway-safety advocates who acknowledged the life-saving potential though warned of a world of “human guinea pigs.” The Transportation...
Why Insurers Must Pick Up Their Technology Pace
Sep 20 2016 // The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. The pace of technology is changing...
New Technologies: A Double-Edged Sword for Insurance Companies
Sep 19 2016 // The insurance industry is on the horns of a dilemma: how to use new technologies to improve operations and how to insure the risks these new technologies present to customers. Situation The pace of technology is changing...
How Kilkenny and Kimmel Have Grown K2 Insurance Services
Sep 19 2016 // Pat Kilkenny and Bob Kimmel put the K’s in K2 Insurance Services five years ago. That’s when they began using their combined 60 years of insurance experience to work buying up and developing businesses with the...
Tech Talk: Digital Transformation 2.0
Sep 19 2016 // The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital technology. As we have discussed extensively, agents...
Re/Insurers Need to ‘Reinvent’ Products to Participate in New Economy: XL’s McGavick
Sep 16 2016 // The re/insurance industry needs to innovate and become more efficient. It is facing more risk, but premiums are declining. Some of its products have become shop-worn and less relevant. Competitive pressures are...
Pittsburgh Uber Riders Preview Driverless Cars Through Test Program
Sep 15 2016 // Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick up Uber...
