Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
MEMIC Promotes Holbrook to VP of Information Technology in Maine
Jun 22 2015 // Matthew Holbrook The MEMIC Group, a workers’ compensation insurer based in Portland, Maine, promoted Matthew Holbrook to vice president of Information Technology from director of IT applications. Based in Portland,...
Breckenridge Insurance Group Hires Industry Expert Chris Mitchell as Chief Technology Officer
Jun 19 2015 // Atlanta, GA, June 19, 2015 — Breckenridge Insurance Group has appointed industry-leading technology expert Chris Mitchell as the chief technology officer of the growing company. Mitchell was tapped for his known...
Insurers Unprepared for Self-Driving Car Disruption: KPMG
Jun 18 2015 // The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto insurance business for another decade and have not adjusted their business models to prepare...
UK Insurance Software Provider Innovation Group Wins Major Contract
Jun 17 2015 // British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will...
Vertafore Acquires Florida-Based Agency Technology Provider QQ Solutions
Jun 16 2015 // Insurance software provider Vertafore, has acquired QQ Solutions, Inc., a provider of agency management systems and a comparative rater offering. The move expands Vertafore’s portfolio of agency management systems...
Study: Agencies That Use Technology Experience More Growth
Jun 16 2015 // A new study shows that insurance agencies that use technology in sales and marketing, managing customer relationships and other sales processes sell up to 43 percent more policies per producer than agencies that rely less...
Execs Worry More About Tech Costs Than Regulation, Cyber Attacks: Willis
Jun 15 2015 // Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to macroeconomic concerns...
U.S. Pushes for Collision Prevention Technology on All New Cars, Trucks
Jun 10 2015 // U.S. safety officials this week called on automakers to begin installing collision avoidance systems in all new passenger and commercial vehicles, saying existing technology could save lives and avoid injuries by reducing...
Top 5 Issues in Often-Misunderstood Business Interruption Insurance
Jun 3 2015 // The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts...
Mobile Tech Provider Slipcase Gets $1.52 Million for Development
Jun 2 2015 // Slipcase.com (formerly My Slipcase) announced that it has received nearly £1 million ($1.524 million) in technology investment from putitout, a UK software provider. Slipcase was founded in 2012 to create a “central...
Brokers, Insurers Ready to Tackle Small Business Market
Jun 1 2015 // There is a shift happening in the small business segment and the insurance industry is aware and ready for it. The small businesses that survived the recession are different now, say underwriters. They have had to invest...
Companies Let Most Technology Assets Go Unprotected: Aon/Ponemon
Jun 1 2015 // Cyber is one of the fastest growing risks for companies across the globe, and information technology assets are often as valuable as property assets, yet companies are only protecting 12 percent of those assets compared to...
Is Insurance Industry Falling in Love With Technology Again?
Jun 1 2015 // Back in the 2000s, shortly after the dot-com bubble, I remember being part of discussions where the role of technology within the insurance industry was being debated. At the time, there was a strong drive to outsource in...
Uber and Lyft Fight Proposed NYC Rules – and Each Other
May 28 2015 // Uber and Lyft are among the tech companies pushing back at proposed rules by New York City’s Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because taxi commissions...
Texas All Risk General Agency, Inc.’s Technology Brings Growth in Houston
May 28 2015 // Dallas, TX, May 28, 2015 – Following 3 years of exceptional results in personal lines, Texas All Risk General Agency, Inc. is again expanding it’s homeowners/dwelling fire aggregate in the Greater Houston...
Wildfires in Northern Alberta Continue to Disrupt Oil Sands Production
May 27 2015 // Wildfires in northern Alberta kept about 10 percent of Canada’s oil sands production offline for a third day [on Tuesday] as Bank of America Corp. warned the blazes may slow the economy. A fire at Cold Lake Weapons...
EPIC in California Names Lamison Director of Benefits Technology
May 21 2015 // San Francisco, Calif.-based Edgewood Partners Insurance Center has named Myesha Lamison director of benefits technology as a part of EPIC’s employer services platform team. Lamison will be based in EPIC’s San...
Top 5 Risks For Grocers That Are Often Uninsured
May 21 2015 // Grocery retailers traditionally face a number of risks that are not covered by typical property, crime or cyber insurance programs. A new white paper report from global independent insurance broker Lockton —...
‘Outside Forces’ are Changing the Industry: Markel’s Kumana Has Solutions
May 21 2015 // Darius Kumana leads a new team with a new mission that aims to bring the re/insurance industry into the 21st century. He recently joined Markel International in London as head of IT and Digital Strategy – specialties...
Airlines Banning Bulk Shipments of Lithium Rechargeable Batteries
May 19 2015 // Replacing smartphone batteries just got harder. Fearing cargo fires like one that caused a United Parcel Service Inc. freighter to crash into the desert near Dubai in 2010, at least 18 airlines have banned freight...
