Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Is Insurance Recruiting Being Impacted by Artificial Intelligence?
Jul 3 2023 // The movie Terminator 2 is the first thing that comes to mind when I hear about artificial intelligence. A universe where machines take over our daily lives seems so distant from my reality. Then I’m reminded that I...
Insurtech Root Says it Has No ‘Actionable’ Bid
Jun 30 2023 // Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued following reports Root had received a bid from Embedded Insurance. The Columbus,...
ChatGPT Creator OpenAI Sued for Theft of Private Data in ‘AI Arms Race’
Jun 29 2023 // ChatGPT creator OpenAI Inc. is stealing “vast amounts” of personal information to train its artificial intelligence models in a heedless hunt for profits, a group of anonymous individuals claimed in a lawsuit...
Winners of 2023 Insurance Innovation Awards Announced by Accenture, Qorus
Jun 22 2023 // The winners of the eighth annual Qorus-Accenture Innovation in Insurance Awards have been announced. The awards, which honor the best ideas and practices transforming the industry for the benefit of insurers and customers,...
‘Comprehensive Legislation’ Needed to Address AI, Senator Schumer Says
Jun 21 2023 // U.S. Senate Majority Chuck Schumer on Wednesday will call for “comprehensive legislation” to advance and ensure safeguards on artificial intelligence (AI). Governments around the world are considering how to...
Collaboration is Key for InsurTechs in a Challenging Environment
Jun 21 2023 // Powered by InsuranceJournal.tv On this episode of The Insuring Cyber Podcast, two InsurTech CEOs shared their perspectives on InsurTech’s role in the insurance industry, and both agreed that disruption was never the...
States Are Rushing to Regulate Deepfakes as AI Goes Mainstream
Jun 21 2023 // Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood actresses and internet influencers. A photo of an explosion at the...
Insurtech Thinksurance Raises $24M
Jun 19 2023 // Thinksurance, a Frankfurt, Germany-headquartered insurtech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding. The capital comes from new...
EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias
Jun 19 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...
How Carriers and MGAs Can ‘Kick the Tires’ and Stay On Point with Their Tech Investments
Jun 19 2023 // Car enthusiasts know there’s nothing quite as exhilarating as driving off the lot with a brand-new automobile. That moment when you hit the open road for the first time marks the culmination of an exciting and...
People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative
Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re. A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, Bermuda Howden, the...
Bipartisan Bill Would End Section 230 Immunity for Generative AI
Jun 15 2023 // Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence. The law would open the door for lawsuits to...
Lloyd’s and Dubai Partner to Launch Insurtech Accelerator
Jun 13 2023 // Lloyd’s, the marketplace for commercial, corporate and speciality risk solutions, has announced a partnership with Dubai’s Department of Economy and Tourism (DET) to facilitate growth opportunities for...
EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source
Jun 13 2023 // European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday. The EU’s top...
Britain to Host First Global Summit on Artificial Intelligence Safety
Jun 8 2023 // The United Kingdom will host a global summit on artificial intelligence safety this autumn, the British government said on Wednesday, adding Prime Minister Rishi Sunak and U.S. President Joe Biden will also discuss the...
National Alliance for Insurance Education & Research Announces Media Partnership – 2023 Insurtech Insights Conference
Jun 6 2023 // Austin, TX June 5, 2023 – The National Alliance for Insurance Education & Research, a leader in professional insurance and risk management education, proudly announces its media partnership with the highly...
Google Antitrust Suit Over Ad Tech Sent Back to State Court
Jun 6 2023 // A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December. The decision...
Industry Alliance Outlines Key Liability Risk Considerations in Insuring AI
Jun 6 2023 // Artificial intelligence and its uses are a hot topic these days. Some benefits of AI include efficiency in time and resources, but what happens when an AI-related error or failure occurs? Liability insurance relating to...
InsurTech NY Accepting Applications for Digital MGA Lab
Jun 2 2023 // InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will be accepted through July 15. InsurTech NY brings together carriers, brokers, investors, and...
Top AI CEOs, Experts Raise ‘Risk of Extinction’ From AI
May 31 2023 // Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI,” which they urged policymakers to equate at par...
