Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Studies Weigh How Human Behaviors Affect Self-Driving Cars
Mar 1 2016 // How much people trust technology and what type of driving alerts they respond to may have as much or more to do with the success of autonomous vehicles than technological, legal and security concerns, according to two new...
Startup Lemonade Bets Behavioral Science Can Help Insurance Not Suck
Feb 24 2016 // A company that openly berates the current insurance industry as one that sucks believes that adding behavioral science to the mix will help fix it. The New York-based startup Lemonade, which is promising to be a...
Investors Shunning Once-Hot Cybersecurity Startups
Feb 24 2016 // The U.S. cyber security industry, once one of the hottest targets for venture capitalists, is now grappling with a funding slump that has forced some startups to sell themselves or cut spending. Amid widespread concerns...
Health Insurance Startup Oscar Narrows Hospital Networks to Compete
Feb 24 2016 // Oscar Health Insurance Corp. CEO Mario Schlosser has found the strategy he says will build his startup into a million-customer player in the health insurance industry: use tight, exclusive networks with hospitals to sell...
Insurance Industry Analyzes Google’s Failed Online Insurance Experiment
Feb 23 2016 // The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto insurance online. Many...
Startup Zenefits Shows How Hard Hitting Revenue Targets Can Be
Feb 22 2016 // Zenefits probably couldn’t have predicted it would spend the first two weeks of February dealing with the resignation of its founding chief executive officer under pressure from the board and the loss of its biggest...
Technology’s Full Potential
Feb 22 2016 // Technology has transformed how we operate in almost every facet of our life. It has changed the face of business for every industry. Insurance is no different. Yet, as I look within our industry I see a problem. I see...
Why Robots Replacing Humans at Work Is More Science Fiction Than Fact
Feb 19 2016 // Ever since robots emerged from the pages of science-fiction novels into the real world, humans have feared being usurped in the workplace. That worry may be more fictional than scientific. A recent study by the VDMA...
Efma & Accenture Launch Global ‘Innovation in Insurance’ Award Program
Feb 18 2016 // Efma, a Paris-based association of 3,300 financial services companies from more than 130 countries, and Accenture have launched “Innovation in Insurance,” a program that aims to identify and award the most...
Should Google’s Parent Buy AIG?
Feb 16 2016 // It’s an “audacious” idea, and Citigroup Inc. acknowledges as much. Google’s parent, Alphabet Inc., should buy American International Group Inc. to expand into financial services, and turn the...
CEO Exits As Tech Startup Broker Zenefits Confronts Culture, Compliance Bugs
Feb 9 2016 // Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad and appointed a new leader for the troubled tech company. David Sacks, a former executive at...
Data Conversion Startup Captricity Gets White Mountain Insurance Backing
Feb 3 2016 // Captricity Inc., an Oakland, Calif.-based startup that gives businesses in regulated industries easy access to customer data trapped in handwritten forms, has raised $35 million in a Series C round of financing led by...
Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet
Feb 2 2016 // Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a...
Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers
Feb 2 2016 // Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone...
How Automation Will Whack Up to 25% of Insurance Jobs: McKinsey
Feb 1 2016 // Automation could leave up to 25 percent of the insurance industry’s current full-time positions consolidated or replaced over the next decade, McKinsey & Co. said in a new report, Automating the Insurance...
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...
New Travelers CEO Schnitzer Stresses Continuity, Innovation in Earnings Call Debut
Jan 28 2016 // The Travelers Companies held its first earnings call under new CEO Alan Schnitzer on Jan. 21 with the property/casualty carrier’s executives putting forth a message of continuity and normalcy, even in the face of a...
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...
Iowa-Based Global Insurance Accelerator Names 2016 Class of Startups
Jan 26 2016 // Global Insurance Accelerator (GIA), a Des Moines, Iowa-based global business accelerator focused on developing and growing innovative insurance-centric startups, has announced its 2016 portfolio. With a global pool of...
Inspiring Innovation an Aim of Iowa’s 3rd Global Insurance Symposium
Jan 25 2016 // Iowa will hold its third annual Global Insurance Symposium April 26-28, 2016, in downtown Des Moines. This year’s symposium is themed “Inspiring Innovation in the Insurance Industry.” Planners say...
