Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
What the Next Generation of Insurance Consumers Wants
Feb 23 2022 // This post is part of a series sponsored by AgentSync. Did you know that in the next 3 years Millennials and Gen Z will comprise 75% of the workforce? That means by 2025 the majority of working individuals will have been...
People Moves: Insurtech BOXX Canada Hires Beazley’s Baker as President; Williams Takes Role of M.D., Hiscox Guernsey; AXA XL Names Wells U/W, Marine – UK & Lloyd’s
Feb 22 2022 // This edition of International People Moves details appointments at insurtech BOXX Insurance, Hiscox and AXA XL. A summary of these new hires follows here. Cyber Insurtech BOXX Canada Hires Beazley’s Baker as...
Brown & Brown Going Tech Route with Everbridge Early Warning Systems
Feb 22 2022 // Florida-based Brown & Brown, one of the largest independent insurance brokers in the U.S., this year will begin offering customers advance warning of weather, flooding, fire and other events, along with steps to take...
Agency Accounting
Feb 21 2022 // It is a fact that most agency owners did not especially like accounting classes — if they even took accounting classes in college — or they probably would be accountants rather than insurance agency...
Farm & Ranch Market: Evolving to Mitigate the Risks of Today
Feb 21 2022 // While the farm and ranch insurance space faces different risks than other property lines, many challenges of insuring those risks are often the same. Namely, extreme weather and natural catastrophes, which have tightened...
How Autonomous Car Companies Are Outrunning U.S. Regulators And Lawmakers
Feb 21 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business
Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market. Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...
Insurtech bolttech Buys Singapore-Based Specialist Broker AVA Insurance
Feb 16 2022 // bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based specialist broker and insurance intermediary. The acquisition follows bolttech’s completion of its US$247...
Insurer Beazley Partners With Insurtech Gaia to Offer Coverage for IVF Treatment
Feb 15 2022 // Lloyd’s insurer Beazley partners with insurtech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment. The health-focused insurtech has been working with Beazley and Chaucer...
Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion
Feb 11 2022 // FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million. The round was led by Chicago-based Buoyant Ventures with...
Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik
Feb 11 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform. Cargo insurance policies have...
Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance
Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...
How Agents and Insurtechs Can Work Together
Feb 7 2022 // Independent insurance agents today are different. They’re not your parents’ agencies. Yes, they still provide insurance and build strong client relationships. But they’re also relying on technology more...
Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight
Feb 7 2022 // Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against...
FAA Expects Addressing Safety Issues to Cause Only ‘Minimal Disruptions’ to Air Travel
Feb 3 2022 // The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed “safely with minimal disruptions,” the head of the FAA will tell U.S. lawmakers...
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers
Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection
Feb 2 2022 // Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs pet owners of the urgency of seeking care for their ailing dog or cat,...
5 Tech Tools for the Digital Insurance Professional: An Ebook
Feb 2 2022 // This post is part of a series sponsored by AgentSync. Having tech tools that make collaboration easy and efficient, and that reduce repetitive data entry on a team is important to us, so much so that we’ve put...
Chile Insurtech Startup Betterfly Plans Overseas Expansion After $125M Funding Round
Feb 1 2022 // Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion. The company is preparing to begin operations in seven new markets in 2022 —...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million. Sayata CEO...
