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Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp

May 13 2024 // Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure data through its new offering WTW Risk IQ API (application programming interface). The...

Google Fights $17 Billion UK Lawsuit Over Ad-Tech Practices

May 10 2024 // Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business...

Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions

May 10 2024 // Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities to re/insurance underwriters. The software update has also added new business lines...

New Jersey to Launch Innovation Hub for Fintech and Insurtech Startups

May 8 2024 // New Jersey is creating a strategic innovation center for financial (fintech) and insurance (insurtech) technology startups in a partnership with Silicon Valley-based innovation platform Plug and Play. The new innovation...

Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk

May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping...

Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech

May 6 2024 // Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance...

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