Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Ransomware Attack Hits Japan’s Biggest Port, Disrupting Cargo Shipments
Jul 5 2023 // Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware — used by hackers to lock access to files or...
Tech Group Sues Arkansas Over Law Requiring Parental Permission for Minors Creating Social Media Accounts
Jul 3 2023 // LITTLE ROCK, Ark. (AP) – A tech industry trade group sued Arkansas on challenging a new state law that requires parental permission for minors to create social media accounts. NetChoice, a group whose members include...
Insurtech Root Says it Has No ‘Actionable’ Bid
Jun 30 2023 // Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued following reports Root had received a bid from Embedded Insurance. The Columbus,...
Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk
Jun 23 2023 // Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according...
Collaboration is Key for InsurTechs in a Challenging Environment
Jun 21 2023 // Powered by InsuranceJournal.tv On this episode of The Insuring Cyber Podcast, two InsurTech CEOs shared their perspectives on InsurTech’s role in the insurance industry, and both agreed that disruption was never the...
Microsoft Says Early June Disruptions to Outlook, Cloud Platform Were Cyberattacks
Jun 19 2023 // In early June, sporadic but serious service disruptions plagued Microsoft’s flagship office suite – including the Outlook email and OneDrive file-sharing apps – and cloud computing platform. A shadowy hacktivist...
Insurtech Thinksurance Raises $24M
Jun 19 2023 // Thinksurance, a Frankfurt, Germany-headquartered insurtech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding. The capital comes from new...
Construction/Engineering Sector Ranks Biz Interruption/Supply Chain Disruptions as Top Risk
Jun 19 2023 // Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by soaring construction costs, supply chain disruptions and labor shortages, according...
How Carriers and MGAs Can ‘Kick the Tires’ and Stay On Point with Their Tech Investments
Jun 19 2023 // Car enthusiasts know there’s nothing quite as exhilarating as driving off the lot with a brand-new automobile. That moment when you hit the open road for the first time marks the culmination of an exciting and...
People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the...
Lloyd’s and Dubai Partner to Launch Insurtech Accelerator
Jun 13 2023 // Lloyd’s, the marketplace for commercial, corporate and speciality risk solutions, has announced a partnership with Dubai’s Department of Economy and Tourism (DET) to facilitate growth opportunities for...
EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source
Jun 13 2023 // European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU’s top...
National Alliance for Insurance Education & Research Announces Media Partnership – 2023 Insurtech Insights Conference
Jun 6 2023 // Austin, TX June 5, 2023 – The National Alliance for Insurance Education & Research, a leader in professional insurance and risk management education, proudly announces its media partnership with the highly...
Google Antitrust Suit Over Ad Tech Sent Back to State Court
Jun 6 2023 // A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December. The decision...
OpenAI CEO Sees ‘Huge’ Israeli Role in Reducing Risks From the Technology
Jun 6 2023 // OpenAI CEO Sam Altman predicted on Monday a “huge role” for Israel in reducing risks from artificial intelligence and eyed investment opportunities in the country even as it debates whether and how to regulate...
InsurTech NY Accepting Applications for Digital MGA Lab
Jun 2 2023 // InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will be accepted through July 15. InsurTech NY brings together carriers, brokers, investors, and...
People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting
May 25 2023 // Lockton Adds Intellectual Property Experts to Transaction Liability Practice Lockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader...
AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups
May 24 2023 // AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech startups, targeting companies that expect to go public within three to four years. French...
Travel Insurtech Faye Raises $10M in Series A Funding
May 23 2023 // Travel insurance startup Faye said it raised $10 million in series A funding just a year after launching its product in the U.S., bringing the company’s total funding to $18M. The round was led by Munich Re Ventures...
Obie Raises $25M Series B to Expand Embedded Insurance Technology
May 23 2023 // Insurtech Obie announced it has raised $25.5 million in a series B funding round led by Battery Ventures, with participation from Brick and Mortar VC, DivcoWest, and several real estate funds and investor...
