Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
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...
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...
