Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
So, If the Future Arrived in 2015, What About 2016?
Jan 29 2016 // Repeatedly, we have described 2015 as the “year the future arrived for insurance.” Across the board, we saw significant changes in how carriers thought about the impact of new technology and innovation. It was...
Firms Look at New Tools Designed to Foil Hackers as Firewalls Prove Inadequate
Jan 27 2016 // With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network. U.S. and Israeli startups are leading the way, with new...
Cunningham Named Chief Information Officer at Grange Insurance
Jan 25 2016 // Grange Insurance, based in Columbus, Ohio, announced that Tim Cunningham has joined the company as vice president, chief information officer. Cunningham will lead major technology investments across all lines of...
XL Catlin Expands Architects & Engineers Product to Cover Drones, Technology Risks
Jan 25 2016 // XL Catlin’s Design Professional insurance business has enhanced its professional liability insurance for architects and engineers (A&E) as well as other design professionals. XL Catlin’s newest Design...
A Look Back and Ahead with Nationwide Ventures’ Michael Miller
Jan 25 2016 // Michael Miller, the longtime president and chief operating officer of Scottsdale Insurance Co., has stepped into a new executive role with corporate parent Nationwide where he’ll manage and spearhead strategic...
U.S. Safety Officials Push Self-Braking Technology for Cars, Trains, Trucks
Jan 15 2016 // Safety officials want to see more technology used to reduce accidents on U.S. roads, airways and railroads. In its annual “Most Wanted” list, the National Transportation Safety Board is urging government...
Self-Driving Cars Still Need Human Help in California Tests
Jan 14 2016 // Futuristic self-driving cars traveling along California roads have needed plenty of old-fashioned human intervention to stay safe. California’s Department of Motor Vehicles this week released reports filed by seven...
Insurance Execs’ Midlife Crisis Cure: Four AIG, ACE Veterans Join Startup P2P Insurer Lemonade
Jan 12 2016 // An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE Insurance to round out its...
Crash Rates Lower for Self-Driving Cars: Virginia Tech Study
Jan 11 2016 // Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by self-driving car developer...
Changing Oil & Gas Industry Delivers New Risks, New Challenges
Jan 11 2016 // Editor’s Note: This is the first article in a three-part series on the oil and gas industry. The second article will address new and emerging claims trends and the third article will address the emerging risks...
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer Lemonade
Jan 11 2016 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
AIG Bets on Workplace Safety Wearables with Investment in Startup HCS
Jan 6 2016 // Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control over workers in risky jobs and make workplaces safer and more...
Automakers Outpacing Tech Firms in Driverless Car Patents
Jan 5 2016 // Automakers, not technology companies, are in the driver’s seat in developing self-driving, “autonomous” cars, and Japan’s Toyota Motor Corp. is best positioned to lead the way, according to a new...
6 Forecasts for P/C Insurance in 2016
Jan 4 2016 // Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate...
Deadly Floods Disrupting Agriculture, Commercial Operations in U.S. Midwest
Jan 3 2016 // Deadly flooding across the U.S. Midwest is disrupting everything from oil to agriculture, forcing pipelines, terminals and grain elevators to close. The floods have killed at least 30 people and shut hundreds of roads...
OneBeacon Launches Cyber Liability Product for Information Technology Risks
Dec 15 2015 // OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular technology professional liability product – Information Technology Solutions-Complete – to address technology...
Chinese Online Insurer ZhongAn Leads Financial Technology Innovation
Dec 15 2015 // Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and interest in the sector...
U.S. Looks to Revamp Auto Safety Ratings, Add High-Tech Crash Dummies
Dec 9 2015 // U.S. regulators proposed a remake of the five-star crash-test ratings system for automobiles to take into account new technology — and new test dummies. The National Highway Traffic Safety Administration’s...
United Fire Group Appoints Frese as Chief Technology Officer
Dec 8 2015 // Cedar Rapids, Iowa-based property/casualty insurer, United Fire Group Inc. (UFG), has appointed Brian Frese as chief technology officer. He brings more than 17 years of experience to UFG, including operational leadership...
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer
Dec 8 2015 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
