While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is content to focus on being an “intelligent purchaser” …
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 direction and …
“If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant about what you are doing.” –Mark Cuban Insurtechs are great for the industry because it needs to change to be …
In a bid to diversify its earnings and expand its markets beyond the U.S., Cincinnati Financial Corp. has agreed to acquire MSP Underwriting Limited, a London-based global specialty underwriter and subsidiary of Munich Re. The proposed all-cash transaction is for …
When it’s machine versus human, it’s more likely humans will be exchanging insurance information with other humans, according to data released by the electric car maker Tesla. In the first quarterly report on the safety of its autonomous vehicles, Tesla …
The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and sell, and …
Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, QuoteWizard has helped nearly 40 million consumers shop for auto, home and health insurance …
It’s billed as the “world’s largest gathering of insurance leaders and innovators.” So, of course, as an insurance leader and/or innovator you will be one of the 6,000 attendees at the ITC—the InsureTech Connect Conference at MGM Grand in Las …
Walmart is again being accused of violating federal law by failing to accommodate workers’ pregnancy-related medical restrictions. According to a lawsuit brought by the federal Equal Employment Opportunity Commission (EEOC), Alyssa Gilliam and a class of pregnant employees at Walmart’s …
Niche market specialty insurer Assurant has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a technology platform and software-as-a-service (SaaS) provider with offices in Silicon …
