Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
No Kidding: NetVU User Conference to Stream Live on IJ.com Thursday
Mar 24 2015 // A Vertafore insurance technology consultant, an insurance agency customer service representative, and an insurance carrier IT manager walk into a bar… What’s so funny about insurance technology? The answer will...
Building a Culture of Innovation
Mar 23 2015 // Looking for the next great business concept? Searching for a breakthrough idea in workplace processes? Your organization is not alone. According to a study conducted by The Conference Board, promoting innovation is the top...
ACE Launches PI Insurance Solution for European Technology Firms
Mar 9 2015 // ACE Group announced the launch of ACE Tech Pro, a comprehensive insurance solution for technology companies, as part of its strategy to meet the changing professional liability needs of different industries in Continental...
China Says Tech Firms Have Nothing to Fear From Draft Anti-Terror Law
Mar 4 2015 // China’s proposed anti-terrorism law will not affect the legitimate interests of technology firms, a top Chinese spokeswoman said Wednesday after U.S. President Barack Obama warned of its impact and demanded...
Reports Show Insurers Lag Behind in Adopting Technology
Feb 17 2015 // At a time when the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind. Some insurers are using developments...
Affordable Care Act Startups in Poor Financial Health
Feb 10 2015 // Obamacare’s startup health insurance plans are flirting with financial distress, as all but five of the 23 nonprofit companies had negative cash flow from operations in the first three quarters of 2014, Standard...
5 Cornerstones for Advancing the Insurance Industry’s Digital Technology Strategy in 2015
Feb 9 2015 // It is a brand new year, and for many people that means the promise and potential of resolutions, goals and aspirations. This is the time to plan, to dream, to improve. This can be said for individuals looking to shed a few...
Global Insurers, Brokers Establish Micro Insurance Consortium
Jan 23 2015 // A group of global insurance companies and brokers took advantage of the World Economic Forum meeting in Davos to announce that they have established a micro insurance consortium and micro insurance venture incubator...
White Appointed Director of Innovation at Accident Fund Holdings
Jan 22 2015 // Lansing, Mich.-based Accident Fund Holdings Inc. has appointed Jeffrey Austin White as director of innovation. White will lead the newly created innovation team in identifying opportunities for the business to generate...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Allianz Survey: Businesses Face New Challenges in Interconnected World
Jan 15 2015 // Business interruption (BI) and supply chain, natural catastrophes and fire/explosion are the major risks that occupy the attention of companies at the start of 2015, according to the fourth annual “Allianz Risk...
Patent Lawsuits Drop But Tech Firms Still Top Target
Jan 13 2015 // Technology companies like Google Inc. and Apple Inc. remain the biggest targets of patent lawsuits even as the overall litigation totals dropped last year, according to a study released by Unified Patents. The number of...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
How Much Will Drivers Pay for High-Tech Devices?
Jan 5 2015 // A majority of U.S. drivers are willing to pay as much as $1,499 to have high-tech entertainment and safety devices in their vehicles as consumers demand more connectivity, according to a Harris Poll. Back-up cameras, USB...
Catlin Insurance to Sell Stake in Box Innovation Group Ltd. to Aioi
Dec 23 2014 // Bermuda-based Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. (CICL), has entered into an agreement for the sale of its investment in Box Innovation Group Limited (BIGL), trading as...
Insurance Tech Firms Majesco, Cover-All to Merge
Dec 16 2014 // Insurance tech-company Cover-All Technologies plans to merge with rival Majesco, a deal that will create an operation with $100 million in annual revenue and a global reach. Majesco (formerly MajescoMastek) founder and CEO...
It’s Time to Think and Act Like a Startup – Again
Dec 15 2014 // It’s almost the New Year and that means a fresh start for every independent agent. But it’s not just the calendar that needs to begin again; your agency needs to as well. It needs to reimagine itself as a...
Underserved Markets Ripe for Insurance Innovation, Swiss Re Americas CEO Says
Dec 15 2014 // Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at first glance, says the...
Travelers to Buy Majority Stake in Colombian Insurance Startup
Dec 11 2014 // Travelers Cos., the lone property- casualty insurer in the Dow Jones Industrial Average, agreed with a partner to buy a majority stake in a startup surety provider based in Colombia. The joint venture with Brazil’s...
High Cost Hinders Progress of Carbon Capture As Climate-Change Fix
Dec 9 2014 // Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second...
