Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Indian Insurtech Startup InsuranceDekho Raises $150 Million to Grow SME Business
Feb 14 2023 // Indian fintech startup InsuranceDekho raised $150 million from a clutch of investors led by Goldman Sachs Asset Management, an unusually large investment round that will help it target an under-served domestic market. TVS...
In Insurance Technology, A Little User Empathy Goes a Long Way
Feb 8 2023 // This post is part of a series sponsored by Insurance Quantified. Technologists have the challenging job of providing their companies with holistic technology and data strategies that satisfy needs today while accounting...
Rethink Needed on How to Regulate Big Tech in Finance Services: BIS Official
Feb 8 2023 // A rethink is needed on how to directly regulate activities of Big Tech companies in financial services, given their size and influence, a top official at an international forum for central banks said in...
Zurich Insurance Leads Series B Fundraise for Cyber Insurtech BOXX Insurance
Feb 7 2023 // BOXX Insurance, the Toronto-headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, led by Zurich Insurance Co. Ltd. This latest funding round brings the...
Tech Trends Unpacked at Insurtech Summit
Feb 6 2023 // A new event recently brought insurtech experts together to explore trends and share tips. On Jan. 20, industry groundbreakers, forward-thinking agents and other digital thought leaders in the independent agency space...
Workers Comp Insurtech Pie Transitions to Full-Stack Carrier
Feb 3 2023 // Small-business workers compensation provider Pie Insurance has completed its transition to a full-stack carrier. Effective Jan. 1, the company said it acquired nationally licensed insurance company The American Insurance...
Insurer, Tech Services Firm Settle Claim for Business Lost While Helping Clients Recover From Breach
Feb 3 2023 // A technology and cybersecurity services firm and its insurer have settled a business interruption claim linked to a data breach one month after a federal judge denied the insurer’s bid to have the claim...
People Moves: Insurtech Send Expands With Riley in Marketing; NFP Hires Smith for Employee Benefits
Jan 27 2023 // Insurtech Send Announces Senior Hire for North American Expansion Insurtech Send Technology Solutions Ltd. has appointed New York-based Charlie Riley as vice president of marketing, North America, following a $10 million...
Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks
Jan 26 2023 // Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A startup technology company on Thursday launched a new global flood-risk data service that its founders...
Markets/Coverages: kWh Analytics, Aspen Partner on Property for Renewables; Hub Starts People & Tech Consulting; DUAL New Fine Art Program
Jan 25 2023 // kWh Analytics, Aspen Partner on Property Insurance for Renewables kWh Analytics, a leader in climate insurance, announced the launch of property insurance for renewable energy assets with capacity partner Aspen Insurance....
US Targets Google’s Online Ad Business Monopoly in Latest Big Tech Lawsuit
Jan 25 2023 // The US Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most...
Laid Off Tech Workers Are About to Get Help—From Allstate
Jan 23 2023 // Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business. The company—best known for auto and home policies—is investing in technology including artificial...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
Britain’s Royal Mail Faces Severe Disruption to Export Services After ‘Cyber Incident’
Jan 12 2023 // Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident.” “We are temporarily unable to despatch...
Ohio Insurtech battleface Launches Platform Supporting Travel Insurance
Jan 11 2023 // Columbus, Ohio-based travel insurance provider battleface announced the launch of Robin Assist, a new tech-driven platform as a service. Built for insurance carriers, brokers, managing general agents (MGAs) and...
Big Tech Layoffs May Further Disrupt Equity and Diversity Efforts
Jan 6 2023 // 2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person with one too many years under their belt. Surging firings by technology companies last year are...
Markets/Coverages: CNA Hardy Offers Enhanced Product Suite for UK Tech Businesses
Jan 5 2023 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the latest addition to its specialist technology product suite. The product, called...
Southwest Airlines is Discovering the True Cost of Outdated Tech
Jan 5 2023 // This post is part of a series sponsored by AgentSync. If you’re looking for proof that outdated technology, manual processes, and data silos can result in catastrophe, all you need to do is peek under the hood of...
Riding the Waves of Insurtech
Jan 4 2023 // This post is part of a series sponsored by AgentSync. The evolution of technology in any industry follows a similar pattern. Transformation doesn’t happen overnight. Rather, we see a progression from infancy to...
Verisk to Acquire Swedish Claims Insurtech Mavera
Dec 22 2022 // Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction...
