Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
China in Midst of Insurtech Boom: Opinion
Jan 9 2017 // While China’s fintech boom continues unabated, another fast-growing phenomenon has gone almost unnoticed — so-called insurtech, the latest industry to be spawned by the intersection of online finance and the...
Driverless Cars Mapping Route from Labs to Driveways
Jan 5 2017 // Car electronics supplier Delphi Automotive Plc went coast-to-coast in 2015 in a self-driving Audi Q5 sport-utility vehicle to prove the autonomous automobile had arrived. Now, Delphi is shifting from stunts to selling. In...
How to Gain ‘Digital Trust’ of Employees in Age of Internet of Things
Jan 5 2017 // Employers will need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full benefits of the Internet of Things (IoT) and the sharing...
Wisconsin’s AIS Technology, Maryland-Based Kite Tech Merging
Dec 30 2016 // Maryland-based Kite Technology Group and Wisconsin-based AIS Technology are merging their operations effective Jan. 2, 2017. The merged company will operate under the name Kite Technology Group. Nick Oliver, owner and...
Security Weaknesses Found at Smartphone-Only, Fintech-Startup N26
Dec 29 2016 // German fintech company N26, which made its name mocking traditional banks, has found itself on the receiving end of criticism after a security researcher proved its smartphone apps exposed users to potential account...
Top 12 Insurance Trends and News Stories of 2016: Countdown
Dec 27 2016 // In the year 2016, as in past years, there were the familiar or continuing stories including reinsurers still wishing and hoping for a hardening market; property/casualty insurance carriers reporting financial results...
Hong Kong Agents, China Insurers Face Tech-Related Disruptions: 2017 Predictions, Part 4
Dec 22 2016 // The twin forces of regulation and technology will see the emergence of new distribution models in 2017. This sounds like a commonly heard disrupter scenario for the U.S. and European markets, but it’s actually a...
Startup Insurer Lemonade Is Going National; Files for Licenses Countrywide
Dec 22 2016 // Insurance startup Lemonade is eyeing a national expansion and has filed for licenses to operate in 46 states and the District of Columbia. The peer-to-peer insurer that is focused on renters and homeowners insurance is...
2017 Predictions for Insurtech, Australia D&O & India Cyber Insurance, Part 2
Dec 20 2016 // Insurtech was an insurance buzzword in 2016 and that’s likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm Clyde &...
XL Catlin Invests $4M in Insurtech Microinsurance Startup, Stonestep
Dec 19 2016 // XL Catlin’s venture fund, XL Innovate, committed $4 million in first-round financing to Stonestep, a property/casualty insurtech startup looking to streamline how microinsurance is sold in emerging markets. The...
Allstate Continues Its Technology Drive, Invests in Autonomous Vehicle Research at Stanford
Dec 15 2016 // Allstate Insurance Co., the nation’s largest publicly-held personal lines insurer, is continuing its drive into new technology, agreeing to a multi-year research project with the Intelligent Systems Laboratory at...
U.S. Sees Mandate on Talking Vehicles Cutting Road Crashes, Deaths
Dec 14 2016 // U.S. automobile regulators want passenger cars and light trucks to wirelessly stream data about their movements and monitor other vehicles so they don’t crash into each other. All new light-duty vehicles would be...
Efma & Accenture Invite Entries for 2nd Annual Innovation in Insurance Awards
Dec 8 2016 // Efma and Accenture have issued a joint call for entries for the second annual Innovation in Insurance Awards, with insurance and bancassurance companies invited to submit their entries by March 8, 2017. The Innovation in...
Allianz Worldwide Partners Hires Wuensche as Head of Global Market Mgmt & Innovation
Dec 6 2016 // Allianz Worldwide Partners* has appointed Matthias Wuensche as director, Global Market Management and Innovation, where he “will play a leading role in developing new product and service offerings and position...
FinTech Startup, ‘Number26,’ Grows in Europe, Offering Banking, Insurance
Dec 6 2016 // Smartphone-only bank Number26 is now offering its services in 17 countries in the euro zone, expanding from a smaller core of European markets it entered a year ago, it said on Tuesday. The Berlin-based company is backed...
Insureon CEO on Growth, Hockey Pucks and the Perils of Complacency
Dec 6 2016 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Insurtech Lemonade Wins $34 Million in New Funding As It Readies for West Coast Expansion
Dec 5 2016 // Lemonade, the home and renters insurance company run by artificial intelligence and behavioral economics, announced a $34 million B round of funding. The latest round was led by General Catalyst with participation from GV...
Insurtech to Become Part of Traditional Insurance Landscape: S&P Report
Nov 29 2016 // Insurtech has a complementary place in the traditional insurance world, despite remaining uncertainty in the industry about how it will function on a wide scale, Standard & Poor’s said in a new report. “We...
Smartphone Makers Reject Obama Call for Restrictions to Curb Distracted Driving
Nov 28 2016 // U.S. highway safety officials called on smartphone makers to add features that would keep motorists from using functions linked to a surge in deaths due to distracted driving, a proposal that drew immediate opposition from...
XL Catlin Appoints Branch as Chief Executive of Insurtech Team, Accelerate
Nov 28 2016 // XL Catlin announced the appointment of Vincent Branch as Chief Executive for Accelerate, its new expert team focused on innovation and insurtech. Accelerate is led by XL Catlin’s former chief underwriting officer for...
