Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Experts Warn on Malicious Use of Artificial Intelligence
Apr 27 2018 // The world must prepare for potential malicious use of artificial intelligence (AI) by rogue states, criminals and terrorists, according to a report by a group of 26 security experts. Forecasting rapid growth in cybercrime...
Lloyd’s Taps L Marks, Boston Consulting to Set Up Innovation Lab
Apr 26 2018 // Lloyd’s of London has chosen innovation specialist L Marks and The Boston Consulting Group (BCG) to support the set-up and operation of the Lloyd’s Lab, a technology center set to launch in the second half of...
Supreme Court Upholds Patent Review Process Favored by High-Tech
Apr 25 2018 // The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Tokio Marine Kiln Forms Strategic Agreement with Australian Insurtech Firm Evari
Apr 20 2018 // Tokio Marine Kiln (TMK), the specialist and corporate insurance business, announced it has formed a strategic agreement with Australian insurtech firm Evari. The agreement will allow TMK to access Evari’s digital...
Explaining Ant Financial’s $150B Valuation – and Investor Enthusiasm for China Tech
Apr 18 2018 // Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly...
After Amazon Conquers Banking, Insurance Could be Next
Apr 17 2018 // Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger...
Technology Is Outpacing Risk Management: Marsh-RIMS Report
Apr 17 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today...
Toyota Plans to Sell Talking Cars in U.S. Within 3 Years
Apr 17 2018 // Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents...
Wisconsin-Based Accelerator Boosts Startups in Insurance and Beyond
Apr 16 2018 // The insurance industry is not the only focus of the Madison, Wisconsin-based startup accelerator, gener8tor, but insurance is its oldest and largest operational sector. Founded in 2012 by attorneys Troy Vosseller and Joe...
2018 Young Agents Survey: Straight Talk From Young Agents
Apr 16 2018 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
Surplus Lines: Insurtech and Technological Opportunities, Challenges
Apr 16 2018 // Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection...
MetLife Seeks ‘First-Mover’ Tech Advantage by Joining MIT Media Lab
Apr 12 2018 // MetLife has launched a multi-year collaboration with the Massachusetts Institute of Technology (MIT) focused on technologies that it believes will transform the insurance industry. MetLife has joined the MIT Media Lab. The...
VC Firm Eos Venture Partners Plans to Raise $100M for Insurtech Investment Fund
Apr 12 2018 // Eos Venture Partners, the insurance technology-focused venture capital firm, announced plans to raise a $100 million debut fund, EVP I. The fund will be one of the first global, independent insurtech investment funds...
Safety Worry: Keeping Humans In and Around Autonomous Vehicles Engaged
Apr 11 2018 // After partially faulting Tesla Inc.’s automation system for a 2016 fatal crash, U.S. safety investigators last year called on carmakers to do more to ensure drivers stay engaged as next-generation cars start to steer...
Investment in Innovation to Rock Chicago Stadium at Insurtech Conference
Apr 5 2018 // Three stages, a packed football stadium overlooking Lake Michigan, decked out luxury suites. A rock concert? No, it’s an insurance innovation and investment event. But some attendees might be star-struck by the...
The Lowdown: What PwC is Saying About Sleepless, Yet Optimistic, CEOs
Apr 4 2018 // This week’s Lowdown highlights the concerns of insurance CEOs, as reported by PwC in their 21st CEO Survey. According to the study, there remains a great deal of angst around technology but industry leaders joined in...
Tech-Focused Private Equity Firm Invests in Agency Tech Provider ITC
Apr 4 2018 // Texas-based ITC, a provider of websites, agency marketing, comparative rating and management software and services, announced today that it has received a majority equity investment from Accel-KKR, a technology-focused...
Safety Experts Weigh In on Autonomous Car Standards After Uber, Tesla Fatal Crashes
Apr 4 2018 // Autonomous cars should be required to meet standards on their ability to detect potential hazards and better ways are needed to keep their human drivers ready to assume control, U.S. auto safety and technology experts said...
The Key to Unlocking Creativity? Promoting an Innovative Culture
Apr 2 2018 // The insurance industry stands amid an increasingly fast-paced, ever-changing business world. Insurance companies are now face-to-face with constantly evolving marketplace conditions — including climate concerns,...
