Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Viewpoint: How Liberty Specialty Markets Uses Tech for Claims Risk Management
May 22 2024 // Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration of new technological solutions. From artificial...
Empowering InsurTech: The Rise of Low-Code Solutions
May 20 2024 // This post is part of a series sponsored by Dyad. Technology is crucial in propelling innovation and efficiency within the constantly evolving insurance technology (InsurTech) sector. One of the most notable advancements in...
Kansas Governor Cites Competition Concerns While Vetoing Bill for School Gun-Detection Technology
May 17 2024 // Kansas Gov. Laura Kelly vetoed a measure Wednesday that could have earmarked up to $5 million for gun-detection systems in schools while expressing concern that it could have benefitted only one particular...
Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp
May 13 2024 // Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure data through its new offering WTW Risk IQ API (application programming interface). The...
Google Fights $17 Billion UK Lawsuit Over Ad-Tech Practices
May 10 2024 // Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business...
Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions
May 10 2024 // Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities to re/insurance underwriters. The software update has also added new business lines...
New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups
May 8 2024 // New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with Silicon Valley-based innovation platform Plug and Play. The new innovation...
Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk
May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
May 6 2024 // Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance...
Tech Update: Marsh McLennan Launches AI Solution to Manage Supply Chain Risks
May 3 2024 // Marsh McLennan, the insurance and reinsurance broker, has launched Sentrisk, an artificial intelligence-powered platform, which aims to help businesses manage global supply chain risk. Created through the combined...
Navigating Today’s Challenging Insurance Market: Leveraging Technology for Agencies
May 2 2024 // This post is part of a series sponsored by Dyad. In today’s rapidly evolving insurance landscape, agencies face many challenges. From increased competition to changing consumer expectations and staying ahead in this...
Travelers to Open Technology Office in Atlanta
May 1 2024 // Just as companies worldwide struggle with the office-versus-remote work question, Travelers has decided to open a 2,800-square-foot office site in Atlanta to house its artificial intelligence, data science and other...
Insurtechs Root, Lemonade Book Q1 Net Income Losses but Each Tout Progress
May 1 2024 // Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company’s history. The net income loss for the first three months of...
Viewpoint: Insurance Sector Adopts Easy-to-Use Technology for Digital Transformations
Apr 25 2024 // Upgrading or changing legacy platforms and enterprise software can be a nightmare to disentangle, particularly when dealing with existing operating systems, data storage, and payment processing software. When planning an...
Georgia Town Aims to Disrupt Student Beach Bash After Last Year’s Chaos
Apr 19 2024 // TYBEE ISLAND, Ga. (AP) — Thousands of Black college students expected this weekend for an annual spring bash at Georgia’s largest public beach will be greeted by dozens of extra police officers and barricades...
Speakers & Agenda Announced for the 2024 Carrier Management InsurTech Summit
Apr 16 2024 // San Diego, CA. April 16, 2024 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed for: carrier...
Cyber Risk Strategies to Minimize Business Disruption, Control Liability and Litigation Exposure
Apr 15 2024 // Security threats are getting more sophisticated – and expensive – and this trajectory will continue. Digital footprints and technology usage will only keep expanding, adding to vulnerability and presenting more...
Tech Update: Sayata Risk Engine Flags High-Risk Accounts With AI; Canopy Connect and Hawksoft Launch Integration to Eliminate Data Entry for Agents
Apr 11 2024 // Sayata Unveils AI-Powered Risk Engine That Flags High-Risk Accounts Sayata has launched the Sayata Risk Engine, an AI-powered platform that uses sophisticated AI to flag specific high-risk accounts expected to drive up...
Markets/Coverages: Insurtech Slice Expands Contractors General Liability Insurance Offering, Backed by Philadelphia Insurance
Apr 10 2024 // Slice Labs Inc., the New York-based insurtech that operates an on-demand insurance platform, has expanded into seven additional states and the District of Columbia with its contractors general liability insurance product...
Tech Update: Verisk Launches Next Generation Catastrophe Models
Apr 8 2024 // Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help...
