Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Connecticut Insurance Department Partnering with RiskGenius in Tech Pilot Program
Dec 14 2018 // The Connecticut Insurance Department is one of nine state insurance regulators participating in a pilot program to test a web-based platform that uses machine learning. The pilot states are partnering with RiskGenius, a...
Analysts See Autonomous Flying Vehicles Taking Off
Dec 14 2018 // Flying cars, long a staple of science fiction, may be landing in the real world sooner than you think. Sleek vehicles floating above their more chaotic, terrestrial siblings are common trope in stories of a more...
ProAg Adds Borner, Piechowski, Schaefers to Leadership Team
Dec 11 2018 // Amarillo, Texas-based Producers Ag Insurance Group Inc. (ProAg), a member of the Tokio Marine HCC group of companies, has hired Scott Schaefers as senior vice president of Marketing and Innovation, Becky Piechowski as...
Client Connections – Are You Taking Full Advantage of Your Digital Options?
Dec 6 2018 // Calling All Independent Agents! This week we’re running a survey, sponsored by Providence Bank Agency Finance. The survey asks 10 questions about how you connect to your clients and market your agency. I want to...
AIG Chief Data Officer DalleMule Jumps to Insurtech Startup Planck
Dec 6 2018 // Planck Resolution, AI-based data platform for commercial insurance, has hired Leandro DalleMule as general manager, North America. Prior to joining Planck Resolution, DalleMule was the chief data officer (CDO) and head of...
EU Lawmakers Target Big Tech Firms’ Unfair Business Practices
Dec 6 2018 // EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices. A European Parliament committee voted in favor...
Waymo Self-Driving, Fare-Generating Taxis Hit the Road in Arizona
Dec 5 2018 // Alphabet’s Waymo on Wednesday launched a significant development in its costly, decade-long quest for autonomous transportation: self-driving taxis that actually generate fares. With little fanfare, the company has...
Small Business Insurtech CoverWallet Expands to Offer Its Tech, Markets Access to Agents
Dec 4 2018 // CoverWallet, a technology company that has been on a mission to “reinvent insurance for small business” customers, is now offering its platform for insurance agencies, the company revealed today. With 16...
Ping An Insurance-Backed Financial Tech Firm Lufax Raises $1.3 Billion
Dec 3 2018 // Ping An-backed Lufax has raised $1.33 billion in its latest funding round from a dozen investors, at a valuation below expectations of the financial technology company, people with direct knowledge of the matter told...
How the Insurance Market Will Expand in an Age of Autonomous Vehicles
Dec 3 2018 // Though it’s estimated that by 2025, auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage,...
Hartford InsurTech Hub Announces 2019 Cohort of Startups
Nov 30 2018 // Hartford InsurTech Hub, powered by Startupbootcamp, has unveiled the 2019 cohort of startups for its acceleration program. The chosen startups cover a range of abilities, from property insurance claims to peer-to-peer...
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit
Nov 30 2018 // AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division to better address “borderless risks.” Dan Trueman has been...
Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California
Nov 29 2018 // A new insurtech wants to provide pay-as-you-go workers’ compensation to as many small businesses in California as possible, and it hopes to use the momentum it’s built following a quiet launch in the East...
What Insurers Want and Get from Insurtech Partnerships
Nov 29 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...
How Insurer Deployed Technology to Expedite Wildfire Claims
Nov 29 2018 // As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from...
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...
Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the...
ACM Launches InsurTech Projects to Streamline Efficiencies
Nov 27 2018 // San Diego, CA, November 27, 2018 –Celebrating 30 years in claims management, American Claims Management (ACMclaims.com) has launched several InsurTech projects in 2018, with more to come in 2019. “In our quest to...
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
Nov 21 2018 // British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. With...
Finnish Software Firm Basware Confirms Takeover Bid, Backed by Investors Including Ping An
Nov 20 2018 // Finnish software maker Basware confirmed the unsolicited takeover approach it received was from payment-technology startup Tradeshift Holdings Inc. The indicative proposal came from San Francisco-based Tradeshift, Basware...
