Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
The Advantages of SaaS for Sales
Jun 21 2010 // Software as a service, or SaaS, can have a positive effect on almost any business. By licensing software from a single source rather than installing it onto your company’s hardware, you can save time and money....
Marsh Report Examines Need for Innovation in Captives
Jun 15 2010 // A report from Marsh’s London office examines the changing need and conditions affecting captive insurance companies. Marsh said the report – Single Parent Captive Benchmarking: Capital and Collateral, examines...
Lack of Demand for Innovation Helps Insurers Avoid Systemic Risk: Report
May 21 2010 // The 2008 financial failure and system breakdown of American International Group Financial Products did not contribute to broader systemic effects within the insurance industry, according to a new financial services think...
Europe’s Travel Firms Count Costs of Volcanic Ash Disruptions
May 11 2010 // Europe’s travel industry is counting the cost of air traffic disruption caused by a volcanic ash cloud which forced thousands of flights to be cancelled and is braced for more stoppages this month. British travel...
EU Climate Chief Says Financial Crisis Threatens Vital Innovation Risk
Apr 30 2010 // Innovation vital for Europe’s future is at risk, because the global financial crisis has turned once-challenging emission reduction goals into easily achievable targets, the European Union’s top climate...
If Ash Cloud Lingers, Economic Impact Could Rise Sharply
Apr 19 2010 // The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African...
10 Technologies with Biggest Impact on P/C Insurance Companies
Apr 5 2010 // A Stamford, Conn.-based research and consulting firm has identified 10 technologies that will have the greatest impact for the property/casualty (P/C) insurance industry. Gartner Inc. said these technologies will challenge...
U.S. Safety Chief Pressures Mines to Install High-Tech Equipment
Mar 30 2010 // America’s top coal mine regulator says he will redouble pressure on the industry to meet a 4-year-old congressional mandate to equip the nation’s underground mines with high-tech communications and tracking...
New Startups, Only 1% of All Firms, Generate 10% of New Jobs
Mar 16 2010 // While discussion about economic recovery focuses primarily on expanding job growth in existing companies, a new study suggests policies should be focused more on creating a favorable environment for entrepreneurship—...
OneBeacon Targets Technology Firms with New E&O Coverage
Mar 9 2010 // OneBeacon Professional Insurance (OBPI) has a new technology errors and omissions (E&O) product targeted to technology firms, including application service providers, software developers, technology consulting firms,...
Special Reuters Report: America’s Route to Recovery
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...
Judge to Rule on Virginia Tech Shooting Lawsuits by Jan. 15
Dec 16 2009 // A judge said this week he would rule by Jan. 15 on whether to dismiss a lawsuit filed by the families of two students slain in the mass shootings at Virginia Tech. After hearing arguments, Montgomery County Circuit Court...
BRP Launches Tech General Liability, Errors & Omissions Coverage
Dec 11 2009 // Business Risk Partners (BRP), based in Windsor, Conn., now offers general liability (GL) coverage to technology firms that purchase errors and omissions (E&O) policies. Coverage is underwritten by Lloyds of...
Virginia Tech Faces $43 Million Lawsuit By Family Over Student’s Suicide
Dec 9 2009 // The family of a Virginia Tech student has filed a $43 million lawsuit, accusing the university of negligence in its response to a warning that their son was suicidal. Daniel Kim committed suicide on Dec. 9, 2007, about a...
High-Tech Flood Forecasts to Aid Midwest’s Red River Valley
Nov 13 2009 // High-tech mapping technology used to help Fargo-Moorhead, N.D., residents fight a record-setting flood last spring will be made available to the entire Red River Valley. The high-resolution elevation data, known as Light...
California Prosecutors Won’t Retry Cal Tech Arsonist
Nov 11 2009 // Federal prosecutors say they won’t retry a California Institute of Technology graduate student on arson charges for helping firebomb dozens of SUVs in the San Gabriel Valley. Monday’s decision in Los Angeles...
Kronenberg Touts Innovation in Partnerships, Program Manager Role
Nov 6 2009 // Tony Campisi and Bill Kronenberg used to tease each other about merging their two Pennsylvania brokerage organizations. Just about a year ago, they started talking for real. On the last day of December, 2008, the deal was...
How Software-As-Service Helps Agents Do More With Less
Oct 28 2009 // Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing expenses? For many agencies, technology solutions are critical. If the focus in the first half of the...
Marsh: UK Communication, Tech Firms Continue to Secure ‘Price Reductions’
Oct 15 2009 // According to Marsh, the UK’s largest communication and technology firms are continuing to enjoy price reductions on their professional indemnity (PI) insurance during the recession, due to aggressive competition...
Now Is Time to Re-Evaluate Agency Systems to Do More With Less
Oct 5 2009 // Hosted, or Saas-Based, Solutions Allow Access to Core Technologies Without Heavy IT Investment Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing...
