Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
CFA Institute Adds Cryptocurrency, Blockchain to Curriculum
Jul 17 2018 // It might be the definitive sign that cryptocurrencies have arrived on Wall Street. CFA Institute, whose grueling three-level program has helped train more than 150,000 financial professionals, is adding topics on...
J.D. Power: Why Lemonade’s Policy 2.0 Matters
Jul 16 2018 // Recently, insurtech start-up Lemonade announced a product initiative called Policy 2.0. According to Lemonade, it will simplify the language within a standard insurance policy so insureds can easily understand what is and...
Diversity & Inclusion Help Drive Business Success: People Development Team
Jul 12 2018 // There has never been a better time for the insurance profession to begin deepening the conversation around diversity and inclusion (D&I). In fact, there has never been a better time to capitalize on the fact that the...
Insurtech Next Insurance Raises $83 Million to Expand; Nationwide, Munich Re Among Investors
Jul 11 2018 // Next Insurance has raised $83 million in new financing, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. Nationwide Insurance and Munich...
Blockchain Is Tech Evolution That Will Create Re/Insurance Revolution: B3i’s Marke
Jul 11 2018 // Blockchain technology is moving out of the lab and into the insurance business. It’s moving past the hype phase and is edging closer to providing real-life efficiency improvements for the industry. It’s been a...
Canada’s Fineqia International Takes Stake in Blockchain Startup Black Insurance
Jul 11 2018 // Fineqia International Inc., a Vancouver-based technology company, announced it is taking an equity allocation in Black Insurance, a blockchain insurance startup. Terms of the investment were not disclosed, but Fineqia said...
Robots Portend Grim Future for Working Class: Viewpoint
Jul 6 2018 // Marc Andreessen, venture capitalist and one of the pioneers of the world wide web, once declared: “The spread of computers and the internet will put jobs in two categories. People who tell computers what to do, and...
Planck Re, a Commercial Insurance Data Platform Startup, Raises $12M
Jul 6 2018 // Planck Re, a commercial insurance data platform startup, nailed down $12 million for its first formal financing. Arbor Ventures led the round, which also included Viola FinTech and Eight Roads. Plans call for the company...
World’s Largest Tech Companies May Be Violating EU’s New Data Privacy Law
Jul 5 2018 // Some of the world’s largest technology companies might be breaking the European Union’s new data privacy law, according to an analysis of their policies conducted by artificial intelligence...
The Changing Nature of the Agent-Carrier Relationship in a Customer-Centric World
Jul 2 2018 // Auto insurance shoppers are placing greater importance on having more services provided to them today versus five years ago, underscoring the fact that shoppers are increasingly demanding more product options and more and...
Partnering with Insurtech to Transform Rather Than Disrupt Insurance
Jul 2 2018 // The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change can seem disruptive,...
California Workers’ Comp Rating Bureau Exploring Blockchain, Behavioral Science
Jul 2 2018 // One wouldn’t normally associate blockchain with workers’ compensation, two completely different industries that seem worlds apart. But as it turns out, the technology is of value to at least one very important...
Nevada-based Insurtech Talage Offering Workers’ Comp, Liability, Property Online
Jun 29 2018 // Talage Inc. is an insurtech to its core – both in function and name. The Reno, Nev.-based software platform designed to help small business owners compare and quickly purchase a range of commercial insurance policies...
Beware ‘Tsunami’ Effect of Artificial Intelligence, Warns Allstate CEO Wilson
Jun 29 2018 // Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in...
Erie’s Banocy Joins Great American Insurance as Innovation Strategy VP
Jun 29 2018 // Great American Insurance Group has hired Christopher M. Banocy as divisional vice president for Innovation Strategy within its Property & Casualty Group. In this role, Banocy will provide leadership, strategy, and...
Chinese Tech Firms Seek to Shake Up State-Run Health Sector with AI and Big Data
Jun 29 2018 // In the eastern Chinese city of Hangzhou, an ambulance speeds through traffic on a wave of green lights, helped along by an artificial intelligence (AI) system and big data. The system, which involves sending information to...
Amazon to Buy Online Pharmacy Startup PillPack as Entry Into Health Care
Jun 28 2018 // Amazon.com Inc. agreed to buy the online pharmacy startup PillPack, jumping into the health care business with a deal that will give the retail giant an immediate nationwide drug network. The move represents a formidable...
Auto Supplier Bosch Teams with Startup Mojio to Connect Vehicles to Digital Services
Jun 28 2018 // German auto supplier Robert Bosch GmbH is teaming with Canadian startup Mojio to get more vehicles connected wirelessly to a wide range of digital services, from insurance companies to emergency responders, the companies...
Insurtech Agency CoverWallet Offers Its API for Other Small Firms to Offer Insurance
Jun 27 2018 // Digital small business insurance agency CoverWallet, which is partly owned by insurers Zurich Insurance and Starr Companies, is expanding its distribution by letting other small businesses such as accountants and lenders...
Cycling Safety: Insurance Industry, Virginia Tech Rate Biker Helmets
Jun 27 2018 // The next time you hop on a bicycle to head across town, consider this: your helmet may not perform well enough in an accident. A first-of-its-kind study using the latest techniques for simulating head injuries found...
