Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Could Your Tech Stack Use a Spring Cleaning? How to Reduce Insurance IT Complexity with APIs
May 20 2025 // This post is part of a series sponsored by AgentSync. Today’s insurance agencies rely on an average of 5.7 to 11.9 different technology platforms for day-to-day operations, depending on their total revenue. For...
Italy’s Data Watchdog Fines AI Company Replika’s Developer $5.6 Million
May 20 2025 // Italy’s data protection agency has fined the developer of artificial intelligence (AI) chatbot company Replika 5 million euros ($5.64 million) for breaching rules designed to protect users’ personal data, the...
LA County Wildfire Alert Mistakenly Sent to Millions Due to Tech Glitch
May 15 2025 // A technological glitch caused an emergency alert to be mistakenly sent to millions of Los Angeles County residents in January rather than only those in the proximity of a wildfire, according to a congressional report. The...
Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers
May 14 2025 // German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not...
As Execs Eye AI for Fraud Detection, Deloitte Predicts Billions in Savings
May 14 2025 // With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the...
State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill
May 14 2025 // A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s...
Former XL CEO McGavick Returns to Insurance With AI Firm Mea Platform
May 13 2025 // Mike McGavick is returning to the insurance world as a strategic advisor and board chairman of Mea Platform, an artificial intelligence firm focusing on transactions and operations for carriers, managing general agents,...
Carrier Management announces agenda and speakers for its 2025 InsurTech Summit
May 12 2025 // San Diego, CA. May 12, 2025 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2025. The event is designed for: carrier executives, entrepreneurs and investors, insurance...
Britain to Face More Cyberattacks as AI Adoption Grows, Minister Says
May 7 2025 // The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday. British companies, public bodies and institutions have been hit by a wave of...
Markets/Coverages: Chaucer Launches Standalone TPL Cover for AI Underperformance
May 7 2025 // Chaucer Group, the specialty re/insurer, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla AI, the Toronto-based managing general agent that provides...
Berkshire Shareholders Reject Diversity, AI Proposals
May 7 2025 // Berkshire Hathaway shareholders on May 3 rejected a resolution requiring the company to report on risks from its subsidiaries’ race-based initiatives, one of seven proposals tied to diversity, artificial intelligence...
DoorDash Is Latest Tech Firm to Commit Millions to New York City Elections
May 6 2025 // DoorDash Inc. is committing $5 million to back political candidates in New York City and state-level races in New Jersey this year, becoming the latest technology company to disclose its lobbying efforts ahead of local...
Business Moves: Earnix Agrees to Acquire Insurtech and AI Specialist Zelros
May 6 2025 // Earnix, the software-as-a-service (SaaS) specialist, announced it has signed a definitive agreement to acquire Zelros, the Paris-based insurtech and developer of artificial intelligence solutions. Financial details of the...
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI
May 5 2025 // He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer...
Generative and Agentic AI in Insurance: Breaking Down the Risks and Opportunities
May 5 2025 // This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Chris Accetta and David Geller welcome David Seaton, VP of Predictive Analytics and Modeling at IAT Insurance,...
Tech Update: WTW Launches AI Monitoring Tool ‘Radar Vision’ for Insurers; Tariff Simulator Added to Marsh McLennan’s Sentrisk
Apr 30 2025 // WTW has announced the North American launch of Radar Vision, an AI-driven performance monitoring tool custom-built for insurers. The global insurance industry has been turbulent for a few years, with significant inflation...
Unlocking the Power of RQB and AI for MGAs and Wholesalers: Enhancing Efficiency with Expert Insured
Apr 29 2025 // This post is part of a series sponsored by Expert Insured. In today’s highly competitive insurance market, MGAs and wholesalers require more than just basic management tools. They need intelligent, scalable solutions...
Apple, Meta Fined as EU Presses Ahead With Tech Probes
Apr 24 2025 // Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big...
The Race to Fix Aging Computer Systems Heats Up With AI’s Help
Apr 24 2025 // Kresimir Mudrovcic and his team of programmers spend months on end trawling through computer code that can be three times as old as the crew’s youngest members. Mudrovcic specializes in mainframe technology,...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options
Apr 24 2025 // Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among...
