Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Imagery and Artificial Intelligence in Wildfire Risk
Dec 3 2018 // Fires across North America in 2018 have continued the pattern of extreme destruction established by significant insured loss events in both Northern and Southern California last year and the 2016 disasters in Alberta and...
Lion Air Crash Demonstrates Unintended Consequences of Cockpit Automation
Nov 30 2018 // As Boeing Co. was developing its latest version of the 737 airliner, it discovered the design was slightly more prone to a loss of control. So the company added a computer-driven safety feature — one that is now a...
Hartford InsurTech Hub Announces 2019 Cohort of Startups
Nov 30 2018 // Hartford InsurTech Hub, powered by Startupbootcamp, has unveiled the 2019 cohort of startups for its acceleration program. The chosen startups cover a range of abilities, from property insurance claims to peer-to-peer...
Insurtech Oyster Opens up Its Pay-as-You-Go Workers’ Comp Model in California
Nov 29 2018 // A new insurtech wants to provide pay-as-you-go workers’ compensation to as many small businesses in California as possible, and it hopes to use the momentum it’s built following a quiet launch in the East...
What Insurers Want and Get from Insurtech Partnerships
Nov 29 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...
Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the...
ACM Launches InsurTech Projects to Streamline Efficiencies
Nov 27 2018 // San Diego, CA, November 27, 2018 –Celebrating 30 years in claims management, American Claims Management (ACMclaims.com) has launched several InsurTech projects in 2018, with more to come in 2019. “In our quest to...
AI Enhances Highway Safety in Las Vegas
Nov 26 2018 // Artificial intelligence is helping improve safety along a stretch of Las Vegas’ busiest highway. The Nevada Highway Patrol says a yearlong partnership between public safety agencies and a startup technology firm...
Lowell Joins The Hartford to Head Small Business Innovation Lab
Nov 20 2018 // The Hartford has appointed Christopher Lowell to lead its Small Business Innovation Lab, which will design and test new products and business models to meet the needs of The Hartford’s small business...
China’s Ping An Invests $47M in German Fintech Incubator Finleap
Nov 19 2018 // Ping An Insurance Group Co., China’s biggest insurer by market value, led investors in injecting 41.5 million euros ($47 million) into Germany’s Finleap GmbH in its latest round of funding. The Chinese...
The Rise of Risktech: How Startups Are Saving Lives and Property in Construction
Nov 19 2018 // Construction has a major problem: every year, construction sites suffer $11 billion in losses due to damage from fire and water, worker accidents, and theft. In addition, a fifth of all worker deaths in the U.S. –...
Indian Tech Billionaire’s Exit Pulls Corporate India Deeper into #MeToo Firestorm
Nov 16 2018 // The surprise resignation of an Indian tech billionaire has pulled corporate India deeper into the #MeToo firestorm that’s been sweeping through the American business community for more than a year. Walmart Inc....
Travelers Partners with Contractor, Tech Firm on Wearables for Construction Safety
Nov 16 2018 // The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable...
Seeman Holtz Agency Acquires Insurtech Goji
Nov 14 2018 // Fast-growing insurance agency Seeman Holtz Property & Casualty has taken a technology leap forward by acquiring Boston-based online home and auto Insurance agency Goji (formerly Consumers United) and its technology...
Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs
Nov 8 2018 // Target Markets Program Administrator Association Industry Keynote Speaker Patrick G. Ryan, founder, chairman and CEO, Ryan Specialty Group, addressed attendees at the group’s 18th Annual Summit on Oct. 22., in...
Insurtech Profile: Broker Buddha Simplifies Agents’ Lives with Smart Forms
Nov 8 2018 // Many insurtechs find one problem and try to solve it. Broker Buddha is among them. This platform takes static PDF insurance carrier applications and converts them into interactive online smart forms that agents and their...
Insurtech Profile: The Evolution of Slice and Future of Insurance
Nov 6 2018 // Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to offer their own on-demand products. The growing digital insurer and services...
New InsurTech Platform, PROTO, Launched in Michigan
Nov 5 2018 // The Lansing Economic Area Partnership (LEAP) announced the launch of a new insurtech accelerator program, PROTO InsurTech, to inspire and stimulate innovation and entrepreneurship in the insurance industry. Two major...
Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways
Nov 5 2018 // Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser,...
