Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
California Wholesaler Conference Questions: Rising Premiums, Disruption, Disasters?
Jan 22 2018 // Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold. However, surplus lines brokers had to work harder for all that premium. That’s according to Ben...
The Road to Automated Vehicles Could Be Bumpy, Slow
Jan 22 2018 // Driving automation promises to greatly improve the safety of human mobility not only for occupants of motor vehicles but for pedestrians, cyclists and other road users. Current headlines, however, likely overestimate the...
Tech Talk: The Real Threat to Agents from Amazon
Jan 22 2018 // Amazon may be close to jumping back into insurance, at least in India, with this month’s announcement of a possible investment in an online-only insurance startup. Whether the retailing behemoth is or isn’t,...
Industry Needs to Join Insurtech Wave to Digitize Insurance: AFL’s Esser
Jan 18 2018 // There is a fundamental need for reform and modernization, particularly in the London market. We should be electronically processing all lines of business, not just specialty classes. Of course, we should look at ubiquitous...
Insurtech Lemonade’s Co-Founder Accuses Amazon of Poaching Employees
Jan 18 2018 // With two social media posts, Shai Wininger, co-founder of the insurtech Lemonade, accused giant Amazon of poaching employees of his startup insurance carrier that is powered by artificial intelligence and behavioral...
Canada Fintech Firm Ratehub Raises $12M to Grow Insurance & Mortgage Offerings
Jan 17 2018 // Canadian financial technology company Ratehub Inc. has raised a $12 million Series A investment led by Elephant, a venture capital firm. Participating in the funding round was Simon Nixon, co-founder of UK-based financial...
UK’s Thomas Cook Partners with Fintech Firm to Offer Pay-Per-Day Travel Cover
Jan 17 2018 // British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location...
Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States
Jan 11 2018 // California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states. Hippo offers homeowners insurance through an online platform, as...
California Wholesaler Conference Questions: Rising Premiums, Disruption, Disasters?
Jan 9 2018 // Powered by InsuranceJournal.tv Surplus lines in California had a great year with more premium and more items, such as policies and endorsements sold. However, surplus lines brokers had to work harder for all that...
Drivers Aren’t Going Away Anytime Soon, Say Driverless Car Leaders
Jan 9 2018 // Carmakers and tech companies have fallen over one another in recent weeks to show the strides they’ve made with self-driving cars. At CES — usually a stage for bragging about futuristic bona fides — top...
China’s Ping An Saw Stock Market Capitalization Climb Whopping $101B in 2017
Jan 8 2018 // Insurance may lack the buzz and cachet enjoyed by tech companies, yet the stock of one Chinese company in the industry has kept pace handsomely with some of the highest-flying champions of the digital revolution. Ping An...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 8 2018 // The goal is to become HBO faster than HBO can become us, the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference founder Caribou Honig thinks traditional insurers and...
Top Insurtech Predictions for 2018
Jan 8 2018 // Insurtech is often framed as a force of disruption in the insurance industry. But technology doesn’t disrupt the industry – it enhances the way carriers and customers interact. In 2018, I predict we will...
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Jan 8 2018 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector
Jan 4 2018 // Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT,...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 2 2018 // “The goal is to become HBO faster than HBO can become us,” the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference founder Caribou Honig thinks...
Deploying Technology, Security Measures to Fight Weaponization of Autos
Dec 28 2017 // A deadly attack this month in Melbourne, Australia, in which a man plowed an SUV into a crowd of Christmas shoppers, comes from the same playbook used by terrorists in recent years around the globe. Many new vehicles...
Fancher Named Digital Transformation Officer at American Family Insurance
Dec 28 2017 // Madison, Wisconsin-based American Family Insurance has named Todd Fancher as its first digital transformation officer. Fancher will oversee American Family group’s strategic investment in technology and practices...
EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach
Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...
Microsoft Wants to Pit AI Against Climate Change
Dec 21 2017 // Red and green make yellow. And depending on how one feels about climate change, it could be considered a cautionary tale for the U.S. that China plans to create the world’s largest carbon market, possibly making it...