Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Reuters Special Report: How Google Is Winning Acceptance of Driverless Vehicles
Apr 27 2016 // The Alamo Drafthouse Cinema Plaza in Austin, Texas is a strip mall with a pet-accessories store, a Thai restaurant and a yogurt shop, an unlikely venue to display the high-tech future. But one Saturday morning in March,...
AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture
Apr 26 2016 // American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to...
Automakers, Tech Industries Must Plug Cybersecurity Gaps, Says U.S. Official
Apr 14 2016 // Internet-connected and driverless cars could be targets for hackers — potentially including terrorists and hostile nations — so the automotive industry must ensure vehicles have built-in cybersecurity...
RIMS 2016: Wearable Tech, Automated Vehicles Dominate Insurance Horizon
Apr 12 2016 // Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up and become alert. The...
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings. Zurich Insurance Group AG is accelerating its cost...
Mentorship, Innovation Are Priorities for Global Insurance Accelerator
Apr 4 2016 // Just as Iowa, and Des Moines in particular, in the 1980s fostered a business climate that enabled insurance and financial institutions to prosper there, those same forces, intent on creating an environment that supports...
Markel International Launches Fintech Business Protection Cover
Mar 31 2016 // Markel International, the London-based specialist insurance subsidiary of Markel Corp., has launched a policy offering comprehensive protection for businesses in the financial technology (fintech) sector, which includes...
Ideas, Innovation and Mentorship Mix at Global Insurance Accelerator
Mar 30 2016 // Iowa, and Des Moines in particular, in the 1980s fostered a business climate that enabled insurance and financial institutions to prosper there. Today, the focus is on creating an environment that supports innovation and...
Startup Slice, Offering Insurance for On-Demand Workers, Raises $3.9M
Mar 29 2016 // Slice Labs Inc., an instech startup set to launch an on-demand platform to sell insurance to participants in the on-demand economy, said it has secured $3.9 million in seed funding led by Horizons Ventures and XL...
Japan Opens Door to ‘Fintech’ Revolution with Plans to Ease Investment Rules
Mar 29 2016 // A laggard in embracing the ‘fintech’, or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated $9 trillion...
March 31: Deadline for Early Registration for Global Insurance Symposium
Mar 28 2016 // The early bird registration deadline for the third annual Global Insurance Symposium is Thursday, March 31. The Global Insurance Symposium will be held on April 26-28, 2016 in Downtown Des Moines, Iowa. It is hosted by the...
The Search for Innovative Talent: Decoding the Secret of an Adaptable Workforce
Mar 21 2016 // The insurance industry has entered an era of rapid change and evolution — the rise of analytics, the growing influence of technology, and the emergence of disruptors. In light of the industry’s shift toward...
Tech Firms Warn of Growing Cyber Risks: From Medical Devices to Sex Toys
Mar 17 2016 // It’s not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the internet, it could be anything from medical equipment to...
IronPro Enhances Cyber, Tech Products in Canada
Mar 17 2016 // IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products...
2 Instech Startups Target Small Business Insurance Market
Mar 15 2016 // Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, today announced a $13 million seed investment led by investors Zeev...
Federal Audit Finds More Vermont Health Connect Startup Woes
Mar 11 2016 // A new federal audit of the first six months of operations of Vermont Health Connect details how the system failed to meet several federal requirements designed to ensure that people who sought health insurance through the...
Suit by Aon Founder Ryan Claims IT Startup Swindled Him Out of Millions
Mar 10 2016 // Aon Corp. founder Patrick G. Ryan claims he was cheated out of hundreds of millions of dollars when Mu Sigma Inc. downplayed its own growth prospects in a ruse to buy back his investment company’s early stake in the...
‘Cool’ Austin Icy Toward Uber, Airbnb, Bristling Tech Sector
Mar 9 2016 // Austin, Texas, boasts a reputation as one of most cutting-edge cities in the U.S, but new local regulations on ride-hailing apps such as Uber and rental sites such as Airbnb are stirring discontent in the tech sector,...
Allstate Moving 400 Tech Jobs to Chicago
Mar 3 2016 // Insurance company Allstate has announced plans to open an innovation hub with 400 employees at Chicago’s Merchandise Mart. The Northbrook-based company announced that the 45,000-square-foot office space will house...
Self-Driving Car Developers Betting on Senior Citizen Market
Mar 2 2016 // Florence Swanson has lived through every American car from the Ford Model T to the Tesla Model S. Now, at 94, she has stepped into what Google hopes will be the automotive future: self-driving vehicles. After her painting...
