Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Munich Re Launches Validation Service for Artificial Intelligence Systems
May 18 2022 // Munich Re is aiming to enhance acceptance of artificial intelligence (AI) with its new CertAI validation service, which provides objective validation that AI systems are trustworthy. Companies from a variety of industries...
Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive
May 11 2022 // Powered by InsuranceJournal.tv As the InsurTech industry approaches the next wave of innovation, experts say this could mean navigating rough waters. “I believe what you’re going to see is that you’re...
Artificial Intelligence Being Used to Battle Western Wildfires
May 9 2022 // With wildfires becoming bigger and more destructive as the West dries out and heats up, agencies and officials tasked with preventing and battling the blazes could soon have a new tool to add to their arsenal of prescribed...
Insurance Technology: InsuredMine Integrates With HawkSoft; Betterview Adds RedZone’s Wildfire Data; CyberCube to Create Cyber Tool for Majesco
May 4 2022 // InsuredMine and HawkSoft Integrate Agency Sales and Management Insurance agency sales automation software firm InsuredMine and agency management technology firm HawkSoft have released two-way API integration between their...
Insurtech Honeycomb to Write Property Policies in Texas
May 4 2022 // The Texas Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide. The digital insurer has built proprietary technology specifically for the estimated hundreds of...
Insurtech Joyn Adds Business Coverages in Five Western States
May 4 2022 // Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective dates beginning June 1. The company is adding property, general liability, and...
Insurance Technology: Aon and Paypal, Applied Systems, and iink Address Digital Payments
May 3 2022 // Aon and Paypal Expand Access to Insurance for Small Businesses Insurance broker Aon and digital payment service PayPal Holdings announced a program to help PayPal’s small business customers in the U.S. access...
Tech Giants Could Face Billions in Fines Under EU’s New Content Rules
Apr 25 2022 // The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope early Saturday. The landmark Digital...
UK Seizes Funds Linked to $150M Fraud From Fintech Firm QPay
Apr 22 2022 // The UK seized 2 million pounds ($2.61 million) from a London-based fintech firm, saying that the funds were linked to a $150 million U.S. wire fraud conspiracy. QPay Europe Ltd., which offers due diligence and underwriting...
Innovation Boosts Carrier Top Lines: AM Best
Apr 20 2022 // Insurers with well-developed innovation initiatives have much higher levels of top-line growth than those who lag behind on the innovation curve, AM Best reported last month. In a special report titled “Insurers...
Insurtech Funding Levels Come Crashing Down in Q1
Apr 20 2022 // Funding for the insurtech sector plummeted 58% in the first quarter of 2022 compared to fourth-quarter 2021, according to data released Tuesday by CB Insights. The total funding amount of $2.2 billion across 143 deals,...
The InsurTech Summit 2022 Announces Agenda and Speakers
Apr 18 2022 // San Diego, CA., April 18, 2022 – Today, Carrier Management has announced the agenda and speakers for the InsurTech Summit 2022. This is a virtual, two-day event beginning at 8 a.m. Pacific on Tuesday, May 10 and...
Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M
Apr 13 2022 // Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders...
Insurance Technology: Certificate Hero and TNEDICCA Attract Investors
Apr 5 2022 // Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing Platform Certificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its...
10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022
Apr 5 2022 // Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives. This...
How AI Can Help Agents, Brokers and Insurers Build Empathy
Apr 4 2022 // Empathy isn’t a word small business owners typically associate with insurance companies. But that doesn’t mean empathy isn’t important to policyholders. Quite the opposite: Empathy demonstrated by...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions
Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program. Lloyd’s Lab, the market’s innovation...
NHTSA to Review if Pony.ai Complied With Crash Reporting Order
Mar 29 2022 // The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether startup technology firm Pony.ai complied with government reporting requirements for driverless crashes. Pony.ai earlier this...
Hannover Re Opens Access to Insurtech Innovation Platform, ‘hr | equarium’
Mar 29 2022 // Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with insurtech partners. The platform has been used on a regular basis by more...
