Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
TypTap Insurance President Talks About Insurtech’s First Profit, Future
May 19 2023 // When HCI Group’s TypTap Insurance launched in 2016, it created a buzz in the industry and some skepticism, due to the company’s plan to rely heavily on mapping technology and property data. This month,...
Davies Insurance Tech Group Names Morrissey COO
May 17 2023 // Nashville-based Davies Group, a rapidly growing professional services and technology firm serving the insurance industry, has named Jen Morrissey group chief operations officer. Morrissey was previously chief information...
Insurtech WeFox Raises $110 Million in Extension to 2022 Funding Round
May 17 2023 // Wefox Holding AG, an insurance-technology firm based in Berlin, raised $110 million to build a platform that will make its technology available to other insurers. JPMorgan Chase & Co. and Barclays Plc provided half the...
Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition
May 16 2023 // Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance claims experienced by policyholders in 2022, according to a new report from...
Cyber Attack Disrupts Philadelphia Inquirer
May 16 2023 // The Philadelphia Inquirer experienced the most significant disruption to its operations in 27 years due to what the newspaper calls a cyberattack. The company was working to restore print operations after a cyber incursion...
Insurtech Funding Up 38% Over Q4 2022: Gallagher Re
May 11 2023 // Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the...
Gallagher Re: US Leads Insurtech Investments, Funding Continues Healthy Climb
May 10 2023 // Insurtech funding increased nearly 38% from Q4 2022 to Q1 2023, from about $1 billion to about $1.4 billion, according to a new analysis released by Gallagher Re. The U.S. leads France and the UK as the nation funding the...
AI, Ransomware, Tech Burnout Biggest Takeaways from RIMS’ Riskworld
May 10 2023 // Powered by InsuranceJournal.tv The 2023 RIMS’ Riskworld conference took place last week in Atlanta, and on this episode of The Insuring Cyber Podcast, two guests shared the biggest takeaways from the conference this...
Register Now for the InsurTech Summit
May 8 2023 // Carrier Management’s upcoming InsurTech Summit isn’t showcasing trends. It’s highlighting how insurers and InsurTechs use evolving tech to win. This free, virtual event is a streamable exchange of...
New York Names InnSure to Handle Clean Tech Insurance Grants
May 8 2023 // New York Governor Kathy Hochul announced that the nonprofit InnSure will administer the state’s $6.5 million insurance innovation fund that includes grants to encourage the development of new insurance policies and...
German Insurtech wefox Launches Global Affinity Business
May 3 2023 // wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability of the company to deliver insurance solutions through partners. This...
Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution
Apr 28 2023 // Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution. The solution combines Benekiva’s state-of-the-art claims administration...
Verisk Acquires German Motor Claims Insurtech SV Krug
Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...
Insurtech Policygenius to Be Acquired by Zinnia
Apr 25 2023 // Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company. Zinnia said the acquisition expands its reach into digital distribution...
Carrier Management announces agenda and speakers for its 2023 InsurTech Summit
Apr 25 2023 // San Diego, CA. April 25, 2023 — Today Carrier Management announced the agenda and speakers for The InsurTech Summit 2023. These experts will share their knowledge and experiences, making your own InsurTech journey much...
Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say
Apr 20 2023 // Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the Securities and Exchange Commission, despite years of enforcement by the agency against...
New York Names InnSure to Manage Clean Tech Insurance Innovation Project
Apr 19 2023 // New York Governor Kathy Hochul announced that the nonprofit InnSure will administer the state’s $6.5 million insurance innovation fund that includes grants to encourage the development of new insurance policies and...
Will Insurtech Help the Insurance Industry Survive a Hardening Market?
Apr 19 2023 // This post is part of a series sponsored by AgentSync. Supply chain disruptions, increased consumer demands, a tight labor market, a global pandemic, a couple natural disasters, and a war. These are just a few of the causes...
Nine More States Join Federal Lawsuit Against Google Over Ad Tech
Apr 18 2023 // Nine states, including Michigan and Nebraska, have joined a U.S. Department of Justice lawsuit against Alphabet’s Google which alleges the search and advertising company broke antitrust law in running its digital...
Can Insurance Carriers Stem the Bleeding from Tech Layoffs?
Apr 17 2023 // This post is part of a series sponsored by AgentSync. In January 2023 alone, Amazon laid off 18,000 people; Google laid off 12,000 people; Microsoft laid off 10,000 people; and Salesforce laid off 7,000 people. And these...
