Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Rates, Lower Loss Frequency, Innovation Drove Personal Auto Market Turnaround
Mar 29 2019 // After a weakened performance in 2015-2016, the U.S. private passenger auto segment has turned around as rate actions and underwriting initiatives have driven a 3.8-point year-over-year improvement in the sector’s...
Hannover Re Offers Match-Making Service for Insurtechs, Insurers Called ‘hr | equarium’
Mar 27 2019 // Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain. However, the challenge for both insurers and insurtechs is how to find the best...
Despite Licensing Hassles, More Doctors Moving to Telemedicine
Mar 27 2019 // Most doctors have a license to practice medicine in just one state. Lindsey Mcilvena can practice in 26. “I’ve lost track a little bit,” she said of all her medical licenses. Mcilvena is a telemedicine...
Florida Insurtech HoneyQuote Rolls Out Real-Time Rating Engine, Adds Heritage to Platform
Mar 26 2019 // HoneyQuote.com has added a new carrier partner and launched its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy online. The application is backed by...
Microsoft Exec Says It’s Time to Revisit Big Tech’s Responsibility for Its Content
Mar 25 2019 // Microsoft Corp. President Brad Smith has called for a broad effort by the technology sector to do more to halt posting and accessing of violent materials like the videos of killings from the recent terrorist attacks in New...
Q&A: Mitchell International’s Hatamian Talks Workers’ Comp’s Tech Transformation
Mar 22 2019 // Powered by InsuranceJournal.tv Mitchell International’s product management and strategy group leader, Shahin Hatamian, recently spoke with Insurance Journal’s Elizabeth Blosfield about how technology has been...
Norsk Hydro Cyber Attack Exposes Risks of Global Supply Chain Disruptions
Mar 20 2019 // The ransomware attack crippling one of the world’s top aluminum makers is exposing how crucial sophisticated digital systems have become in the centuries-old industry of turning mined rock into metal...
Why Drivers, Like Pilots, Should Be Trained to Use Autonomous Features
Mar 20 2019 // Should drivers using vehicles with autonomous features be trained on those features before they get behind the wheel? A new paper, “What Do We Tell the Drivers? Toward Minimum Driver Training Standards for Partially...
Brexit Makes It Harder for Fintech, Financial Services Firms to Recruit Top Talent: Report
Mar 19 2019 // Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states...
U.S. Fintech Firm to Buy Worldpay for $35B in Biggest Ever Digital Payments Deal
Mar 18 2019 // Fidelity National Information Services Inc. (FIS) agreed to buy Worldpay for about $35 billion on Monday, with the U.S. financial services provider striking the biggest deal to date in the fast-growing electronic payments...
Nevada Mulling ‘Textalyzer’ Tech That Scans Cellphones After Crashes
Mar 18 2019 // Most states ban texting behind the wheel, but a legislative proposal could make Nevada one of the first states to allow police to use a contentious technology to find out if a person was using a cellphone during a car...
How Laws Will Tell Humans From Robots Is No Joke: Viewpoint
Mar 18 2019 // There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether...
People
Mar 18 2019 // National Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to president and CEO, joining Chief Operating Officer Steve Tjugum as the company’s top leaders. Elicia Azali...
Emerging Economies to Take Larger Stake in Global Growth in 10 Years
Mar 18 2019 // Emerging markets will remain the growth engine of the global economy and insurance industry during the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss Re Institute’s...
Ping An’s Share Buyback Can’t Recapture Its 2017 Fintech Glory Days: Opinion
Mar 14 2019 // Sometimes, boring can be a good thing. Ping An Insurance (Group) Co.’s buyback looks like an attempt to recapture its 2017 glory days, when a series of exciting fintech initiatives turned the Chinese insurer into a...
Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit
Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides...
Startup CEO Exonerated from Crimes, Seeks Compensation for Firing
Mar 13 2019 // Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him. It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes,...
Development of Fully Autonomous Vehicles as Complex as Manned Mission to Mars: VW
Mar 11 2019 // Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen’s head of commercial...
Emerging Markets to Drive Global Insurance Growth over Next Decade: Swiss Re’s Sigma
Mar 8 2019 // Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss Re Institute’s...
