Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Startup Neptune Offering Digital Private Flood Product to Agents, Carriers in Nationwide Expansion
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
Japan’s SoftBank Eyes Taking Stake in India Insurance Startup: Sources
Jan 25 2018 // SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese...
Hartford InsurTech Hub Announces Partnership with Crawford & Company
Jan 24 2018 // Hartford InsurTech Hub, powered by Startupbootcamp, has announced a partnership with Crawford & Company, a publicly listed independent provider of claims management to insurance companies and self-insured entities. The...
AXIS Capital Restructures to Focus More on Tech & Innovation
Jan 24 2018 // AXIS Capital Holdings is reorganizing its operations in a bid to focus more on technology and innovation, with an eye on long-term profitable growth. Executives hope to put the new changes in place during the 2018 second...
With $25 Million in New Funding, Home Insurtech Hippo to Expand
Jan 24 2018 // Insurtech Hippo has nailed down $25 million in new Series B funding, a cash infusion the provider of super-quick homeowners insurance will use to fuel a hiring and geographical expansion. Comcast Ventures and Fifth Wall...
If They Try It, They’ll Like It: How Ridesharing, Autonomous Cars Will Win Over the Public
Jan 23 2018 // Five years ago, when she was still an insurance broker with Marsh, Kate Sampson called insurance underwriters at American International Group (AIG) and other insurers with a new concept. “I’m working with this...
Women More Likely Than Men to Lose U.S. Jobs by Automation: WEF Report
Jan 22 2018 // Women are more likely than men to be knocked out of their U.S. jobs by automation in the next eight years, and they’ll find half as many opportunities to land new positions unless there’s a new effort to...
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...
