Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
SoftBank & Honda Aim to Develop Talking Cars that Read a Driver’s Emotions
Jul 21 2016 // On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp. founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The...
Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report
Jul 20 2016 // The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the...
Autopilot Warning May Not Help Tesla in Crash Defense
Jul 18 2016 // Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short. This month, two Teslas equipped with...
Chubb Enhances Cover for Tech Companies in UK and Ireland
Jul 15 2016 // Chubb announced that has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector...
Jaguar Land Rover to Test Fleet of Autonomous Cars in England by 2020
Jul 13 2016 // Britain’s biggest carmaker Jaguar Land Rover said it will create a fleet of more than 100 research vehicles over the next four years to test autonomous and connected technology, with the first models to hit the...
Italy Car Insurance Tech Firm, Octo Telematics, Weighs Sale or IPO: Sources
Jul 11 2016 // Octo Telematics SpA, the Italian car insurance-technology company, is pursuing an outright sale alongside preparations for an initial public offering, according to people with knowledge of the matter. Octo, owned by...
Tech Talk: Digital Dinosaurs and Insurance Competency
Jul 11 2016 // I have had agents tell me they have lost clients because of their “digital deficiencies,” which can include outdated websites and email systems and the lack of mobile capabilities. The exact mix of factors...
Technology-Based Insurance Provider, Embroker, Opens Chicago Office
Jul 8 2016 // Embroker, a technology-based provider of business insurance, has opened an office in downtown Chicago. The San Francisco-based firm was founded in 2015 and says its mission is to deliver “a technology-driven...
Encompass to Use Aerial Technology in Inspecting Homes for Insurance
Jul 7 2016 // Encompass has implemented the use of a tool from EagleView Technologies to capture aerial images of customer homes which the company said will be used to “provide a more accurate and faster assessment when issuing or...
Regulators Investigating Fatal Collision of Tesla on Autopilot
Jul 1 2016 // U.S. regulators are investigating a fatal accident involving a Tesla Motors Inc. sedan that was driving on autopilot, drawing scrutiny to a key technology the electric-vehicle maker is betting on for the future of...
As Texas Train Wreckage Smolders, BNSF Says Technology May Have Prevented Crash
Jun 30 2016 // Wreckage from a train collision continued to smolder on June 29 in the Texas Panhandle as workers prepared to remove the charred, twisted box cars from the tracks and renew their search for three missing crew...
Channel Syndicate Launches Innovation Division, Names Allen as Tech Head
Jun 23 2016 // Channel Syndicate 2015 at Lloyd’s is launching an Innovation Division, which will further structure Channel’s activities and organization to explore new classes and opportunities outside its traditional...
Older Drivers Favor High-Tech Auto Features
Jun 22 2016 // High-tech safety features have jumped to a high priority for older U.S. car-shoppers, who want to keep their freedom of mobility, a study released Tuesday reports. Among Americans 50 and up who plan to shop for a car in...
Talking Cadillac Tries to Be Heard Over Silicon Valley on Airwaves
Jun 20 2016 // General Motors Co. is rolling out a sedan laden with gadgets that track other cars on the road and can automatically brake to avoid collisions, fulfilling a safety vision decades in the making. Yet the 2017 Cadillac CTS...
Tech to Detect Fraud
Jun 20 2016 // Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North...
What Do You Get When You Combine Drones and Self-Driving Cars?
Jun 20 2016 // That’s one small step for drones, and no steps needed for mankind. Autonomous drone transport for humans. Why not? We’re eventually getting autonomous cars so you don’t have to do the driving, and drones...
Insurers Ignore FinTech Revolution at Their Long-Term Peril: PwC
Jun 17 2016 // While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have put FinTech at the heart of their corporate strategies, according to report published by PwC. As customers...
Startup Embroker CEO Miller Pursues ‘Massive Improvement’ Over Disruption in Commercial Insurance Brokerage
Jun 15 2016 // Within venture capital circles, the insurance industry is sexy right now. It seems not a week goes by without another startup being announced, some with niche angles such as peer-to-peer distribution, insurance for...
Allianz Expects Blockchain Tech to Expedite Cat Bond Deals
Jun 15 2016 // German insurer Allianz expects the technology underpinning virtual currency bitcoin to encourage trading in catastrophe bonds, which transfer the risk of natural disasters such as hurricanes to investors. “Cat...
Companies Rely More on Tips Than Technology to Detect Fraud: KPMG
Jun 13 2016 // Fraudsters are more often caught by tip-offs and complaints, management review, accidentally, suspicious superiors and internal audits than by use of technology and data analytics. According to consulting firm KPMG, North...
