Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
UK Insurance Software Provider Innovation Group Wins Major Contract
Jun 17 2015 // British insurance software company Innovation Group said on Wednesday it had secured a 46 million pound ($72.3 million) contract with a major client, its third and biggest new business win this year. The deal, which will...
Study: Agencies That Use Technology Experience More Growth
Jun 16 2015 // A new study shows that insurance agencies that use technology in sales and marketing, managing customer relationships and other sales processes sell up to 43 percent more policies per producer than agencies that rely less...
Execs Worry More About Tech Costs Than Regulation, Cyber Attacks: Willis
Jun 15 2015 // Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to macroeconomic concerns...
Top 5 Issues in Often-Misunderstood Business Interruption Insurance
Jun 3 2015 // The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a recent webinar hosted by global broker Marsh, insurance experts...
Mobile Tech Provider Slipcase Gets $1.52 Million for Development
Jun 2 2015 // Slipcase.com (formerly My Slipcase) announced that it has received nearly £1 million ($1.524 million) in technology investment from putitout, a UK software provider. Slipcase was founded in 2012 to create a “central...
Is Insurance Industry Falling in Love With Technology Again?
Jun 1 2015 // Back in the 2000s, shortly after the dot-com bubble, I remember being part of discussions where the role of technology within the insurance industry was being debated. At the time, there was a strong drive to outsource in...
Uber and Lyft Fight Proposed NYC Rules – and Each Other
May 28 2015 // Uber and Lyft are among the tech companies pushing back at proposed rules by New York City’s Taxi and Limousine Commission to regulate car service apps. Uber says the rules break federal law because taxi commissions...
Top 5 Risks For Grocers That Are Often Uninsured
May 21 2015 // Grocery retailers traditionally face a number of risks that are not covered by typical property, crime or cyber insurance programs. A new white paper report from global independent insurance broker Lockton —...
‘Outside Forces’ are Changing the Industry: Markel’s Kumana Has Solutions
May 21 2015 // Darius Kumana leads a new team with a new mission that aims to bring the re/insurance industry into the 21st century. He recently joined Markel International in London as head of IT and Digital Strategy – specialties...
Amtrak Crash Spotlights Delay in Federal Mandate for Automatic Brake Technology
May 15 2015 // The deadly Amtrak derailment near Philadelphia appears to be yet another accident that didn’t have to happen. It could have been avoided if a long-sought safety technology had been installed on its tracks and trains,...
China Taiping Insurance Stock Jumps After Tech Moguls Join $1.7B Share Sale
May 8 2015 // China Taiping Insurance Holdings Co. jumped the most in more than six years after people with knowledge of the matter said China’s two richest technology moguls joined its $1.7 billion share sale. Taiping advanced 16...
Insurers See Impact from Wearable Devices Within 2 Years
May 6 2015 // Nearly two-thirds of insurers expect wearable technologies to have a significant impact on the industry, according to a survey in Accenture’s annual Technology Vision report. The survey of more than 200 insurance...
How Wearable Devices Could Disrupt the Insurance Industry
May 6 2015 // Nearly 50 years after Captain Kirk began using his wrist communicator on the television show, Star Trek, wearable technology is taking hold. From Fitbit and Nike Fuelbands to Google Glass and Golden-I, the technology is...
How Analytics Technology Can Speed Integration Post-M&A
May 4 2015 // The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and...
How the Age of Autonomous Vehicles Will Evolve
Apr 24 2015 // Vehicles with varying levels of self-driving capability will start to become available to consumers as early as this summer and it could then take 20 years for them to be the norm, according to a new report. The pace will...
Video Ads Next Big Thing in Ridesharing?
Apr 14 2015 // James Bellefeuille is an Uber driver for a living, though he admits that what he earns is not much to live on. Yet in the new sharing economy, there’s hope for people like Bellefeuille who can bring some innovation...
IMCA Calls for Nominees for Marketing Innovation Award
Apr 9 2015 // The Insurance Marketing & Communications Association (IMCA) is seeking nominations for its 2015 Innovation Torchbearer Award. The award recognizes individuals or organizations that have demonstrated “innovative...
AXA Strategic Ventures Invests in ‘Big Data’ Startup Company, Evercontact
Apr 9 2015 // AXA Strategic Ventures* has made a $1 million investment in the French tech startup company Evercontact, a cloud service that extracts contact information in emails and shares and updates them automatically. With more than...
How Analytics Technology Can Help Speed Integration Post-Merger Deal
Apr 7 2015 // The record number of merger and acquisition (M&A) transactions involving insurance brokers and agents throughout the United States in the past year underscores the imperative for these firms to accelerate growth and...
Catlin Completes Disposal of Investment in Box Innovation Group
Apr 1 2015 // Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. (CICL), “has completed the sale of its investment in Box Innovation Group Limited (‘BIGL’, trading as...
