Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
A Place for Technology at Every Point in the Claims Process
Jun 17 2019 // The digital transformation of the insurance industry isn’t just for insurtech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows policyholders to take photos...
Announcing eSURETY®V7: Industry Leading Surety Automation Software
Jun 13 2019 // Ponte Vedra, FL, June 13, 2019- “For the past 21 years, eSURETY®, the leading surety bond software developer, has produced the best software for automated underwriting, operations, bond lifecycle management, agency...
Al Specialists omni:us and FRISS Partner to Offer Claims, Fraud Detection Services
Jun 12 2019 // Two artificial intelligence providers — omni:us and FRISS — are teaming up to “supercharge” insurance claims management and fraud detection. omni:us is a provider of AI-based cognitive claims...
MGA Insurtech GetSafe Lands $17M Financing to Fuel European Expansion
Jun 11 2019 // A managing general agent in Germany that relies on artificial intelligence for its customer platform has raised $17 million in first-round financing. Getsafe’s new money will help propel an expansion into Great...
How Insurers Are Digitizing Claims with Apps, Photos, Videos, E-Payments and More
Jun 11 2019 // The digital transformation of the insurance industry isn’t just for insurtech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows policyholders to take photos...
Carrier Management Announces the Launch of InsurTech Today
Jun 10 2019 // San Diego, CA, June 10, 2019 – Today Carrier Management premiers a brand-new newsletter called InsurTech Today. This inbox resource is written for those who value a quick take on the most important InsurTech...
Amazon Reveals Unique Delivery Drone; FAA Grants Limited Testing Approval
Jun 6 2019 // Amazon.com Inc. has unveiled a revolutionary new drone — part helicopter and part science-fiction aircraft — that the company expects to use for test deliveries of toothpaste and other household goods starting...
National General Acquires Insurtech Syndeste; Launches Private Flood Product in Florida
Jun 6 2019 // Personal lines insurer National General Holdings Corp. (NGHC) will begin offering private flood insurance in Florida later this summer after its acquisition of Syndeste LLC, an insurance technology company. National...
Insurtech Avinew Acquires Betterdrive in California
Jun 4 2019 // Insurtech company Avinew has acquired Sunnyvalye, Calif.-based Betterdrive. Terms of the deal were not disclosed. Ravindhran Sankar, CEO and founder, will be named director of research and development. Avinew will...
Accelerating Innovation Through Diversity & Inclusion
Jun 3 2019 // Progress requires change, though it is not always easy. The insurance industry, notoriously known to be slow to adopt change, is in the midst of a significant transformation. Some may even call it a rebranding. Insurers...
Nebraska’s Creighton University Launches FinTech Degree Program
May 29 2019 // Creighton University in Omaha, Nebraska, announced its Heider College of Business has launched what the university says is the first of its kind Finance and Technology (FinTech) major, a degree program that combines...
Showbiz Shows a Better Way to Pay: Insurance Industry Alert from EraNova Institute
May 29 2019 // Los Angeles, CA and Mountain Lakes, N.J., May 29, 2019 – Today the EraNova Institute issues a business alert: “Showbiz shows a better way to pay.” EraNova’s Director and author of the report, Dick...
State Auto Innovation Unit: $25M; 5 Insurtechs; 18 Months
May 24 2019 // State Auto Labs, the innovation arm of the State Automobile Mutual Insurance Co., says in the 18 months after launching its $25 million corporate venture fund to support entrepreneurs and innovations in the insurance...
EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
May 23 2019 // A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May...
China’s Ant Financial Provides Health Coverage to 65 Million Clients for Pennies a Month
May 21 2019 // Ping An Insurance (Group) Co. employed about 1.4 million people to peddle policies last year. Yet it’s Jack Ma’s newest online disruptor that is stealing the show — with 50 workers and visions of serving...
Florida InsurTech HoneyQuote to Offer Technology Platform to Business Partners
May 20 2019 // Digital insurance agency HoneyQuote.com launched a new partnership program that allows businesses across industries to use HoneyQuote services for customers to purchase homeowners insurance. As part of the program,...
Claims Insurtech Snapsheet Raises $29 Million to Expand Into All P/C Lines and Globally
May 20 2019 // Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand...
Connecting the Dots in Agency Technology
May 20 2019 // To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
Emphasizing Empathy During Technological Transformations
May 20 2019 // The insurance industry is undergoing a technological transformation. Insurers are moving data to the cloud, using artificial intelligence and beginning to prepare for a potential blockchain economy. Products and services...
