Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Startup Zenefits Shows How Hard Hitting Revenue Targets Can Be
Feb 22 2016 // Zenefits probably couldn’t have predicted it would spend the first two weeks of February dealing with the resignation of its founding chief executive officer under pressure from the board and the loss of its biggest...
Technology’s Full Potential
Feb 22 2016 // Technology has transformed how we operate in almost every facet of our life. It has changed the face of business for every industry. Insurance is no different. Yet, as I look within our industry I see a problem. I see...
Why Robots Replacing Humans at Work Is More Science Fiction Than Fact
Feb 19 2016 // Ever since robots emerged from the pages of science-fiction novels into the real world, humans have feared being usurped in the workplace. That worry may be more fictional than scientific. A recent study by the VDMA...
Efma & Accenture Launch Global ‘Innovation in Insurance’ Award Program
Feb 18 2016 // Efma, a Paris-based association of 3,300 financial services companies from more than 130 countries, and Accenture have launched “Innovation in Insurance,” a program that aims to identify and award the most...
Should Google’s Parent Buy AIG?
Feb 16 2016 // It’s an “audacious” idea, and Citigroup Inc. acknowledges as much. Google’s parent, Alphabet Inc., should buy American International Group Inc. to expand into financial services, and turn the...
CEO Exits As Tech Startup Broker Zenefits Confronts Culture, Compliance Bugs
Feb 9 2016 // Zenefits, a software startup valued at $4.5 billion, said on Monday it had replaced founder and Chief Executive Parker Conrad and appointed a new leader for the troubled tech company. David Sacks, a former executive at...
Data Conversion Startup Captricity Gets White Mountain Insurance Backing
Feb 3 2016 // Captricity Inc., an Oakland, Calif.-based startup that gives businesses in regulated industries easy access to customer data trapped in handwritten forms, has raised $35 million in a Series C round of financing led by...
Why Google’s Not So Smart or Fast and Insurance Agents Aren’t Dead… Yet
Feb 2 2016 // Insurance agents aren’t dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry observers said at a...
Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers
Feb 2 2016 // Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone...
How Automation Will Whack Up to 25% of Insurance Jobs: McKinsey
Feb 1 2016 // Automation could leave up to 25 percent of the insurance industry’s current full-time positions consolidated or replaced over the next decade, McKinsey & Co. said in a new report, Automating the Insurance...
So, If the Future Arrived in 2015, What About 2016?
Jan 29 2016 // Repeatedly, we have described 2015 as the “year the future arrived for insurance.” Across the board, we saw significant changes in how carriers thought about the impact of new technology and innovation. It was...
New Travelers CEO Schnitzer Stresses Continuity, Innovation in Earnings Call Debut
Jan 28 2016 // The Travelers Companies held its first earnings call under new CEO Alan Schnitzer on Jan. 21 with the property/casualty carrier’s executives putting forth a message of continuity and normalcy, even in the face of a...
Firms Look at New Tools Designed to Foil Hackers as Firewalls Prove Inadequate
Jan 27 2016 // With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network. U.S. and Israeli startups are leading the way, with new...
Iowa-Based Global Insurance Accelerator Names 2016 Class of Startups
Jan 26 2016 // Global Insurance Accelerator (GIA), a Des Moines, Iowa-based global business accelerator focused on developing and growing innovative insurance-centric startups, has announced its 2016 portfolio. With a global pool of...
Inspiring Innovation an Aim of Iowa’s 3rd Global Insurance Symposium
Jan 25 2016 // Iowa will hold its third annual Global Insurance Symposium April 26-28, 2016, in downtown Des Moines. This year’s symposium is themed “Inspiring Innovation in the Insurance Industry.” Planners say...
Why Regulation Is Good for Driverless Cars
Jan 21 2016 // You don’t often hear a libertarian praising a federal regulator when it starts offering “guidance” and “coordination” for some innovative industry. Well, mark your calendars, folks, because...
Artificial Intelligence to Help Reduce Insurance Risks: Baidu President
Jan 21 2016 // It was hard to tell whether hope or fear was the predominant sentiment about the future of artificial intelligence, according to a panel discussing the state of the field at the World Economic Forum in Davos, Switzerland,...
Insurance Execs’ Midlife Crisis Cure: Four AIG, ACE Veterans Join Startup P2P Insurer Lemonade
Jan 12 2016 // An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE Insurance to round out its...
Crash Rates Lower for Self-Driving Cars: Virginia Tech Study
Jan 11 2016 // Crash rates for self-driving cars are lower than the national crash rate of conventional cars, according to a new report out of Virginia Tech Transportation Institute that was commissioned by self-driving car developer...
AIG Bets on Workplace Safety Wearables with Investment in Startup HCS
Jan 6 2016 // Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control over workers in risky jobs and make workplaces safer and more...
