Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Zurich Launches Web Site on Technology Risks
Jul 17 2008 // Zurich North America launched a distributor-focused Web site (www.techinsurance.zurichna.com) to serve as a central source for the news, information and educational resources about technology risks. The user-friendly...
Strengths and Weaknesses, Part 2: What Agents Think of Regional, National P/C Insurers
Jul 10 2008 // Regional carriers come out on top in agency compensation and claims services, while nationals outscore regionals on loss control and technology. That’s according to an Insurance Journal weeklong survey in June on...
Exclusive Survey, Part 2: Strengths and Weaknesses – What Agents Think of Regional and National P/C Insurers
Jul 7 2008 // Regional P/C Insurers Beat Out Nationals on Compensation, Claims; Nationals Outperform on Technology Regional carriers come out on top in agency compensation and claims services, while nationals outscore regionals on loss...
Insurers, Tech Firms, Consumers Agree on Electronic Health Record Rules
Jun 26 2008 // A major consumer group, insurers together with Google Inc. and Microsoft Corp. said Wednesday they have agreed to standards intended to speed adoption of personal electronic health records. The electronic medical record...
Judge Approves $11M Settlement in Virginia Tech Shootings
Jun 20 2008 // A Virginia judge on Tuesday approved an $11 million state settlement with families of most of the victims in last year’s Virginia Tech slayings that will avoid a court battle over whether anyone but the gunman was to...
Innovation Necessary for Insurance Industry
Jun 2 2008 // As the insurance industry continues to be challenged with softening rates and premiums, innovation is key to long-term success, says Julie K. Davis, executive vice president for Aon Corp.’s Wired for Growth...
Report: Technology Critical for Insurers Targeting ‘Millennial Generation’
May 30 2008 // As the estimated 80 million people born between 1981 and 2001 enter the workforce and become active consumers, technology will play a critical role for insurance firms targeting those in the so-called “millennial...
Innovation Necessary for Insurance Industry
May 19 2008 // As the insurance industry continues to be challenged with softening rates and premiums, innovation is key to long-term success, according to Julie K. Davis, executive vice president for Aon Corp.’s Wired for Growth...
Oracle Buy of AdminServer Seen Triggering Insurance Tech Mergers
May 14 2008 // Software maker Oracle said it has agreed to acquire AdminServer, a Chester, Pa.-based provider of insurance policy administration software. The move has some analysts predicting a wave of mergers among technology firms...
Va. Tech Research: Inexpensive Roof Vent Could Prevent Wind Damage
Apr 29 2008 // Hurricanes often lift the roofs off buildings and expose them to havoc and damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering,...
Families of Virginia Tech Victims Reach $11 Million Settlement
Apr 14 2008 // Most families of victims of the mass shootings at Virginia Tech that left 33 people dead have agreed to an $11 million (euro6.93 million) state settlement that will compensate families who lost loved ones, pay...
Va. Tech Security Costs Up $10M Since Shootings
Apr 7 2008 // Virginia Tech President Charles Steger says the university has spent more than $10 million to increase security since the killing of 32 students and faculty by a deranged student last April. Steger spoke to about 70...
Virginia Offers Tech Shooting Victims’ Families $100K Each to Settle
Mar 26 2008 // Families of those killed in the Virginia Tech shootings have until March 31 to say whether they’ll accept a settlement that would include $100,000 each and the chance to question the governor and university officials...
Va. Tech Says Security Costs Increased $10M Since Shootings
Mar 24 2008 // Virginia Tech President Charles Steger says the university has spent more than $10 million to increase security since the killing of 32 students and faculty by a deranged student last April. Steger spoke to about 70...
D&O Costs Highest for Financial, Tech, Life Science
Feb 24 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
With Technology, the One Constant is Change
Feb 24 2008 // Keeping up with rapid developments is a challenge for professional liability experts If anything is certain in the world of technology, it’s that it is always changing — rapidly. Electronic and Internet...
Employers, Lawmakers Push Doctors to Adopt Electronic Prescriptions
Feb 22 2008 // Motivated by mounting medical costs, lawmakers and executives are urging doctors to embrace a seemingly simple way to save billions of dollars a year: prescribe medications online. Officials in the public and private...
Report: D&O Insurance Costs Highest for Financial, Tech, Life Science Firms
Feb 5 2008 // A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in energy and...
Agents Have Options to Profit as Cycles Turn
Jan 27 2008 // Trust, efficiency, quality, knowledge are among the values independent agents bring to the insurance transaction Managing insurance cycles to maintain profitability is a tricky proposition. Higher premiums produced by hard...
AI Risk’s LexExpress Delivers Excess Auto Liability for Truckers
Jan 22 2008 // AI Risk Specialists Insurance, Inc., a brokerage subsidiary of American International Group, Inc., has unveiled LexExpress, excess auto liability insurance for small to medium sized fleets in the trucking industry. It is...