Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Partnering with Insurtech to Transform Rather Than Disrupt Insurance
Jun 26 2018 // The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change can seem disruptive,...
California Workers’ Comp Rating Bureau Exploring Blockchain, Behavioral Science
Jun 22 2018 // Powered by InsuranceJournal.tv One wouldn’t normally associate blockchain with workers’ compensation, two completely different industries that seem worlds apart. But as it turns out, the technology is of value...
EU Parliament Panel Backs Stricter Copyright Rules Opposed by Tech Leaders
Jun 21 2018 // Google, Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. The copyright rules, proposed by...
Toyota’s $1B Investment in Ride-Hailer Grab Opens Door to Data-Driven Insurance
Jun 20 2018 // By pumping $1 billion into ride-hailing firm Grab, Toyota Motor Corp. stands to gain a passenger-side view of tens of thousands of cars across Southeast Asia, tracking how fast they drive, how far they travel and the time...
Custody Protection, Regulation, Insurance Seen Paving Way for Shift to Cryptocurrencies
Jun 18 2018 // Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he’s long contended with a headache: Ensuring his holdings aren’t stolen. Samani, a...
Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage
Jun 18 2018 // Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue. The new Smart Cyber Insurance product includes the features of a...
24/7 Tech: Not Normal or Healthy
Jun 18 2018 // In an “always on” society – where we constantly carry mini-computers in our pockets that are capable of solving nearly any problem or desire with a tap, pinch or click – we can’t seem to...
Insurtech Investments Hit New High in Q1: Willis Towers Watson
Jun 18 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...
Keeping Up With Construction Insurance
Jun 18 2018 // Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in...
I.I.I. on How Insurance Boosts Economy, Communities and Innovation
Jun 18 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 argues...
J.D. Power: Why Lemonade’s Policy 2.0 Matters
Jun 18 2018 // Recently insurtech start-up Lemonade launched a product initiative called Policy 2.0. According to Lemonade, it will simplify the language within a standard insurance policy so insureds can easily understand what is and is...
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...
