Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Feb 4 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
A Regulatory Sandbox for Insurtechs?
Feb 4 2019 // A Regulatory Sandbox is the title given to the concept that regular regulations should not apply to insurtech companies. The reasoning is that technology can provide a better consumer experience than traditional carriers...
Taking a Page from the Insurtech Playbook
Feb 4 2019 // How Insurtechs Can Help Attract Millennial Talent to Agencies, Carriers The rules of the game are changing for companies wishing to attract top, young, qualified talent. Millennials, Generation Y, Gen Next, Boomerang...
Wishes & Predictions… in their own words
Feb 4 2019 // Ely Kaplansky, President, Kaplansky Agency, MA Increased market share. Rate increases. Continued profitable growth. Crag Shink, Managing Partner, C.H. Shink & Associates, NY A harder market in some segments. Increasing...
The Claims Talent Evolution
Feb 4 2019 // It should not be a surprise that drones fly over disaster areas for property inspection, and some insurers use chatbots to answer policyholders’ claims questions. Claims applications and supporting documents are...
Assembly Workers in Michigan Using Wearable Technology to Support Arms
Feb 1 2019 // Ford Motor Co. and other manufacturers want to help their workers take a load off. Or at least make it easier to lift a load up. Ford is among several companies providing wearable technology to elevate and support their...
Global Atlantic Financial Invests in Iowa-based Insurtech Accelerator
Jan 31 2019 // Des Moines, Iowa-based The Global Insurance Accelerator announced a recent investment by Global Atlantic Financial Group Ltd. GIA is a business accelerator focused solely on innovation and technology for the insurance...
Georgia’s InsuranceHub Taps LeBaigue as VP of Technology
Jan 31 2019 // Metro Atlanta-based InsuranceHub’s Lee LeBaigue has transitioned from vice president of Sales to the role of vice president of Technology. LeBaigue originally joined InsuranceHub in 2011 with a background in SEO and...
Insurtech Geared to Autonomous Vehicle Coverage Grabs $5 Million in Funding
Jan 30 2019 // A startup focused on rewarding drivers and fleet owners that use autonomous vehicles and semi-autonomous car safety features has raised $5 million in seed funding. California-based Avinew’s technology uses artificial...
French Engineering Consultancy Altran Tech Hit by Cyber Attack
Jan 28 2019 // French engineering consultancy Altran Technologies was the target of a cyber attack last Thursday that hit operations in some European countries, it said on Monday. Altran said it had shut down its IT network and...
Workers’ Compensation Insurtech Pie Insurance Enters 5 Additional States
Jan 25 2019 // Online seller Pie Insurance has started offering its workers compensation insurance in five more states, bringing the total to 14. The Washington, D.C.-based managing general agent disclosed it has begun marketing its...
Ohio Insurtech Root Plans to Expand Further, Grow Workforce
Jan 25 2019 // Columbus, Ohio-based Root Insurance, says it plans to expand into additional states in 2019 and increase its workforce by 150 percent. The insurtech in 2018 added 12 states — Louisiana, Montana, New Mexico, Arkansas,...
U.S. Privacy Regulation Tested by Facebook Scandals
Jan 24 2019 // Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
Insurance Industry Use of Drone, Aerial Imagery Soared After 2018 Southeast Disasters
Jan 24 2019 // The importance of drones and aerial imagery rose to a new level in the wake of 2018 natural catastrophes as insurers made them an integral part of their disaster recovery procedures, particularly following the hurricanes...
Who’s Investing in the Agency System
Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...
Industry Trends to Exploit for 2019
Jan 21 2019 // It is time to take out our crystal ball and plan for 2019 and how our insurance industry will be impacted by the trends around us. Those that consider these changes, and plan ahead, will usually be in a better position...
Firms in Patent Feud Over U.S. Mandated Railroad Safety Technology
Jan 18 2019 // Two companies battling for a share of more than $14 billion in mandated safety upgrades on U.S. railroads are set to collide in federal court to resolve a dispute over technology that prevents train...
Deploying Drones, 3D Printing to Reduce Secondary Accidents at Crash Sites
Jan 17 2019 // Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an inconvenience for drivers and highway safety officers. It is one of the most vulnerable times for “secondary...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey
Jan 16 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
