Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Banks and Insurers Have Improved Their Cyber Defenses
Sep 20 2018 // Despite the volume of cyberattacks doubling in 2017, banks and insurance firm firms are closing the gap on cyber attacks, having stopped four in five of all breach attempts last year. According to a study by Accenture,...
Assurant Invests in Connected Car Services Startup
Sep 20 2018 // Niche market specialty insurer Assurant has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a technology platform and...
Why Small Mutual P/C Insurers, Insurtechs May Need Each Other: A.M. Best
Sep 19 2018 // Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty insurance companies continue to face...
Can Home Insurers Keep Customers as Happy as Insurtechs?
Sep 17 2018 // Homeowners insurance companies are faring rather well when it comes to customer satisfaction. Consultants at J.D Power think the carriers’ investments in improved digital channels and bundled products that combine...
Big High Tech Is Big on Reimagining Health Care
Sep 17 2018 // Apple Inc.’s new watch is the latest proof: Big Tech is trying to remake health care in its own image. The device, introduced at a splashy launch event this week, can call for help after a fall. It can monitor...
Best Tech Ways for Agents to Get the ‘Message’ Out
Sep 17 2018 // 2018 has turned out to be the year of the text message. For agents, that reality presents a challenge that is both substantial and immediate. Today, there are dozens of vendors that offer chat capabilities. Web messaging...
Lloyd’s Modernization Plans Move Full-Steam Ahead
Sep 17 2018 // From Electronic Placing to Artificial Intelligence: Lloyd’s America CEO Earlier this year, this reporter was walking on Lime Street, the home of Lloyd’s of London, dodging raindrops. She observed a broker,...
Partner Re Celebrates Its First 25 Years– When Everything and Nothing Has Changed
Sep 17 2018 // During PartnerRe’s first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved–or diversified–over the...
New York Challenges Federal Ruling Allowing Fintechs to Skirt State Regulation
Sep 14 2018 // New York state’s top banking regulator on Friday sued the U.S. Office of the Comptroller of the Currency, seeking to void its decision to begin granting national bank charters to financial technology companies. Maria...
Tech Giants, Chamber Offer Views on National Consumer Privacy Rules
Sep 14 2018 // Two technology trade groups on Wednesday released proposals for national consumer privacy regulations, adding to the chorus of businesses seeking to influence the growing momentum for stricter rules on how companies handle...
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants
Sep 12 2018 // Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would help video, music and other rights holders seek compensation for use of their content...
GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships
Sep 11 2018 // Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution, to underwriting, to claims. While many insurers want to investigate the...
Comcast Executive Joins Amazon, Berkshire, JPMorgan Health Startup as COO
Sep 7 2018 // The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc. and JPMorgan Chase & Co. on Tuesday hired Jack Stoddard as chief operating officer. Stoddard was previously general manager for digital...
Aon Promotes Mulligan to Head of Cyber, Foord-Kelcey to Head of Cyber Innovation
Sep 4 2018 // Aon plc has promoted Catherine Mulligan and Luke Foord-Kelcey within its Reinsurance Solutions business to strengthen its suite of cyber products for insurers. As global head of Cyber for Aon’s Reinsurance Solutions...
Munich Re Acquires Tech Firm Relayr, an Industrial Internet of Things Specialist
Sep 4 2018 // Munich Re announced it is taking a further key step to create new business models in industrial Internet of Things (IoT) through the acquisition of the software company “relayr” via Munich Re’s...
Rebranding and Embracing Change to Thrive in the Future of Work
Sep 3 2018 // The wave of innovation has taken the insurance industry by storm, forever changing organizations, processes and people alike. Risk management telematics are calculating accurate policies for underwriters, big data is...
5 Ways to Put Customers First and Ice the Cake with Insurtech
Sep 3 2018 // I was surprised to learn I was named one of the 50 most influential people in the United States/Western Europe for Insurtech. The fact that I was the only person, I believe, listed who makes their living on their own name...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Startups
Aug 31 2018 // Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the insurtech space. The Swiss insurer launched what it is calling the Zurich Innovation...
1-in-5 Consumers Say They’d Use Amazon or Google for Home Insurance
Aug 28 2018 // One-in-five consumers say they would use Amazon or Google for their home insurance, a J.D. Power survey released today shows. And most of those who took the survey (80 percent) already have insurance with a large national...
Startup’s Newest Employee Benefit, Stem Cell Storage, Could Last Forever
Aug 28 2018 // As MyCrypto mulled what benefits to offer employees, the new blockchain startup asked them what they wanted. “Surprisingly, we found that the traditional health benefits and 401(k) benefits—they had no interest in...
