Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Insurtech Profile: Kordinator Adds Empathy to Automated Customer Service
Oct 22 2018 // Automated customer service is a fact of life. In fact, many people are more comfortable sharing personal details with a machine than with a human. But automation must appreciate that not every customer is a 40 year-old...
Google ‘Definitely’ Interested in Other Insurtech Investments Following Applied Systems
Oct 19 2018 // Google is eager to invest in other insurance technology companies well beyond its newly announced minority stake in Applied Systems, a principal investor with the global search engine giant said on Oct. 17. “We...
Aon Forms New Ventures Group, Led by Chief Innovation Officer Goland
Oct 19 2018 // Aon plc announced it has formed a new unit called New Ventures Group, which is designed to increase Aon’s investment in innovative new businesses. The global unit will identify, incubate and deliver new sources of...
The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios
Oct 19 2018 // Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims activity. The opportunities for business from new technologies such as...
Penniall’s Integrity and Creativity Highlighted in Monarch’s Knightly Ads
Oct 17 2018 // Don Penniall beat “dilly-dilly” to the punch a long time ago. Penniall was a creative, well-liked insurance professional who had the fortitude to launch his own firm later in life, those who remember him...
Google Invests in Insurance Agency Software Firm Applied Systems
Oct 17 2018 // Giant Google’s investment arm has purchased a minority stake in Applied Systems, a provider of insurance technology and cloud-based software for independent agencies. The investment in Applied Systems is being made...
Softbank Plans Big Push into Insurance Investments
Oct 16 2018 // Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive...
Jackson Appointed Chief Innovation Officer at Apex Benefits
Oct 15 2018 // Apex Benefits, headquartered in Indianapolis, has named Stan Jackson as chief innovation officer. In this newly created role, Jackson will be responsible for leading the development of products, services and capabilities...
Insurtech Partnerships: What Insurers Want and Get
Oct 15 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...
Insurtech: A Role Model of Innovative Talent Success
Oct 15 2018 // Several years ago, technology announced its intent to rock the insurance industry. Some dismissed the challenge and saw the rise of insurtech as a minor disrupter. But times have changed. Funding is pouring in for major...
Insurtech Pilots and Pivots: Learning by Doing and Undoing
Oct 15 2018 // “If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant about what you are doing.” –Mark Cuban Insurtechs are great for...
Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians
Oct 15 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date. Jumpstart Insurance...
Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion
Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy. Based on the edge of Berlin’s trendy...
Single Pilot Operations for Air Cargo a Test for Autonomous Flying
Oct 11 2018 // Aerospace and innovation have gone hand-in-hand since the days of Orville and Wilbur Wright. Airplanes were once simple metal tubes powered by propellers. Long-haul flying meant four engines and at least three pilots on...
Efficiency, Insurtech, Auto Uncertainty Drive Insurance M&A Activity, Says S&P
Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...
UK Self-Driving Startup Oxbotica Appoints Former Uber Executive to Board
Oct 10 2018 // Oxbotica, a U.K. startup whose self-driving vehicle software will help guide the European Space Agency’s Mars rover, has appointed former Uber executive Fraser Robinson to its board. Robinson served as the...
It’s Not Easy to Teach Robot Drivers to Think Like Humans
Oct 9 2018 // Robot cars make for annoying drivers. Relative to human motorists, the driverless vehicles now undergoing testing on public roads are overly cautious, maddeningly slow, and prone to abrupt halts or bizarre paralysis caused...
Get Ready for the Insurtech Revolution, Act 2
Oct 8 2018 // The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and...
UK Venture Capital Fund Eos Makes First Two Insurtech Investments
Oct 3 2018 // Eos Venture Partners’ strategic insurtech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to Concirrus, a marine...
Credit Karma Enters Auto Insurance Market
Oct 3 2018 // Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool generates suggestions by...
