Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Nuclear Verdicts – A Case for the Insights That Technology Can Provide
Feb 11 2021 // Nuclear verdicts are a hot topic of discussion across our industry. This is no longer some other claims organization’s problem or an issue only arising in transportation-related claims. Claims leaders are...
Bender in California Names Murray Technology Risk Advisor
Feb 11 2021 // Bender Insurance Solutions in Sacramento, Calif., has named Bryan Murray a technology risk advisor in the commercial lines department. He will provide risk management advice and education for technology businesses across...
UK Insurtech Zego Partners with Irish Mobility Startup Brite to Offer Electric Fleet Cover
Feb 9 2021 // Irish mobility startup Brite has partnered with London-based mobility insurance provider Zego to expand its fleet offering of e-mopeds, e-scooters and e-bikes across Ireland. The partnership between Brite and Zego means...
Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg
Feb 7 2021 // Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology...
P/C Insurtech Funding Reaches $4.7B Record in 2020 – A Story in Charts
Feb 1 2021 // After a slow start in 2020, insurtech funding reached a record level of $7.1 billion for the year, with $4.7 billion earmarked for property/casualty startups, according to a quarterly tracker of insurtech funding...
SolarWinds Attackers Focused on Cyber and Tech Firms
Jan 29 2021 // Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cyber-security firms...
Insurtech Trov Partners with UFODRIVE to Insure London-Based Electric Vehicles
Jan 29 2021 // Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance Platform for its fleet of fully electric vehicles. UFODRIVE...
China Urges International Cooperation on Financial Services, Technology Regulation
Jan 28 2021 // SHANGHAI— China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China’s central bank vice...
Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition
Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021. Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...
Japan’s Automakers Adding Safety Technology for Often-Isolated Older Drivers
Jan 21 2021 // Automakers in Japan, where almost 30% of the population is 65 or older, are taking the lead on adapting cars so the nation’s legions of elderly drivers can feel more confident — and be safer — behind the...
American Family Insurance to Acquire Small Business Insurtech Bold Penguin
Jan 14 2021 // Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to...
Palomar in California Names Brose Chief Technology Officer
Jan 14 2021 // La Jolla, Calif.-based Palomar Holdings Inc. has named Mark Brose chief technology officer. Brose will report to his predecessor, Chief Operating Officer Britt Morries, who assumed that role on Sept. 1, 2020. Brose most...
For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts
Jan 14 2021 // Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there. The broker announced in...
Canadian Insurtech Apollo Closes C$13.5 Million Funding Round
Jan 11 2021 // Apollo Insurance Solutions Ltd., the Toronto-based online insurance company, announced it has closed an oversubscribed C$13.5 million (US$10.6 million) Series A financing round, which exceeded its original C$4 million...
British Columbia’s New COVID-19 Restrictions Disrupt Construction Projects
Jan 6 2021 // CALGARY, Alberta – Restrictions imposed by British Columbia to fight the spread of COVID-19 infections after the holiday break have disrupted work at construction sites of a Rio Tinto hydropower project and BC...
Administration Says Railroads Have Met Safety Technology Deadline
Dec 30 2020 // The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress. The...
UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU
Dec 16 2020 // Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe,...
Tech Firms Form Coalition to Defend Internet Liability Shield Law
Dec 16 2020 // A number of internet companies that are not big social media players are organizing to defend the law that shields them from lawsuits. The companies have formed a coalition called Internet Works to protect what they see as...
Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments
Dec 15 2020 // Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions of dollars of insurance coverage, together with risk mitigation services, to help...
German Insurtech Startup Wefox Expects Profitable 2021
Dec 15 2020 // BERLIN – German insurance technology startup Wefox expects to achieve revenue of 300 million euros ($365 million) and be profitable at the operating level next year, its founder and CEO, Julian Teicke, said in an...
