Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Insurtech Can Help Agents, Brokers Build Their Businesses: Furtado of Ratehub.ca
Jun 15 2018 // In today’s increasingly digital world, consumers expect to be able to access online information on insurance products, compare prices and carrier options, and apply for coverage using a simple and efficient...
Big “I” Markets Partners with Coalition to Offer Cyber, Tech E&O Coverage
Jun 15 2018 // Big “I” Markets, the online market access system available exclusively to Big “I” members, has partnered with Coalition to offer its member agents access to cyber and technology errors &...
Hollywood Stars Join Supporting Cast for Insurtech
Jun 15 2018 // The company isn’t a well-known name in Silicon Valley, but its investors certainly are. San Francisco-based Ethos Technologies Inc. was founded last year, the product of two Stanford MBAs. The company’s core...
Accenture Offers Way to Erase Gender, Racial, Ethnic Bias in Artificial Intelligence
Jun 13 2018 // Consulting firm Accenture has a new tool to help businesses detect and eliminate gender, racial and ethnic bias in artificial intelligence software. Companies and governments are increasingly turning to machine-learning...
A Quick (No Really, Super Quick) Insuretech Primer
Jun 13 2018 // I wonder if anyone has ever done this. You’re involved in a conversation with a group of peers or boss people (or other people that you’re trying to impress) and they start talking about a topic that you...
Winners Announced for 3rd Annual Efma-Accenture Innovation in Insurance Awards
Jun 13 2018 // Efma, an association of more than 3,300 retail financial services companies in 130 countries, and Accenture announced the winners of the third annual Efma-Accenture Innovation in Insurance Awards. Showcasing the best...
Lloyd’s Lab Begins Global Search for Insurtech Talent
Jun 13 2018 // Lloyd’s Lab, the global insurance market’s new innovation sandbox, is launching a global search for tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing...
Insurers’ Big Data Plans Could Fail if They Don’t Get Basics Right: Mair of Atticus DQPro
Jun 13 2018 // Executive summary: Many major insurers still rely on manual or semi-automated data quality checks, which are time consuming, costly and have a high margin for error. As a result, before they pursue advanced data projects...
Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet
Jun 11 2018 // Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in 2016, said the investment builds on commercial partnership between the two...
How Insurance Boosts Economy, Communities and Innovation: I.I.I.
Jun 7 2018 // While consumers understand insurance as protection against financial loss, the industry’s contribution to the economy goes much further. A white paper from the industry’s Insurance Information Institute...
J.D. Power: Why Lemonade’s Policy 2.0 Matters
Jun 5 2018 // Recently, well-known insurtech start-up, Lemonade, announced the launch of a new product initiative called Policy 2.0. According to Lemonade, the project is meant to simplify the language within a standard insurance policy...
Insurtech Investments Hit New High in Q1: Willis Towers Watson
Jun 4 2018 // Insurtech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis Towers Watson...
How Safe Must Driverless Vehicles Be to Be Accepted? Very Safe.
May 31 2018 // The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these...
How to Succeed in Today’s Small Business Insurance Market
May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
GDPR Day 1: Privacy Activist Files Complaints Against Tech Giants Over ‘Forced Consent’
May 25 2018 // As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them. Austrian Max Schrems filed...
Insurtech Next Insurance Ditching Agency Model to Become a Carrier
May 24 2018 // Next Insurance, which debuted in 2016 as a digital insurance agency for small to medium-size businesses, is repositioning itself by becoming a licensed insurance carrier. The company says it has received its first license...
Cybersecurity Professional Deploys Insurtech to Simplify Small Business Cyber Market
May 23 2018 // A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve...
FinTechVisor Seeks to Connect Fintechs, Insurtechs with Traditional Firms
May 22 2018 // Consultant Capgemini and the not-for-profit Efma have launched a platform designed to bring fintechs and insurtechs together with traditional banks and insurers around innovation. The portal, named FinTechVisor, will have...
EU’s Data Privacy Law Places AI Use in Insurance Under Closer Scrutiny
May 22 2018 // Regulators are beginning to teach robots who’s the boss. After spending billions of dollars on cutting-edge artificial intelligence technologies, Europe’s banks and insurers face tougher scrutiny of the tools...
Why Insurance Industry Should Embrace, Not Fear, Artificial Intelligence
May 22 2018 // Powered by InsuranceJournal.tv Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of...
