Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Agent-Inspired Insurtechs ‘Self-Disrupt’ Small Commercial Lines
Mar 19 2018 // Insurance industry technology is experiencing a revolution. While insurance carriers and venture capital firms have been behind much of today’s insurtech innovation, insurance agents and brokers have also jumped into...
Microsoft Internal Findings Say Gender Bias at Washington Tech Giant Rarely Founded
Mar 16 2018 // Microsoft Corp.’s investigators concluded that fewer than 1 percent of gender-discrimination complaints made internally were “founded,” according to data unsealed in an ongoing class-action lawsuit. The...
UK Broker BMS Launches Innovation Lab to Drive Company, Industry Transformation
Mar 15 2018 // BMS Group Ltd., the London-based re/insurance broking arm of Minova Insurance, announced the launch of BMS Innovation Labs, a platform that aims to drive change and innovation within the company and the wider insurance...
Chubb to Provide Drivers’ Products for SE Asian Transportation/Fintech Platform Grab
Mar 14 2018 // Grab, the Southeast Asia on-demand transportation and fintech platform, announced a partnership with Chubb to offer insurance solutions for Grab’s drivers. Using the Grab app, drivers will be able to select different...
Large Commercial Insurance Brokers Investing in AI, Analytics: Novarica
Mar 14 2018 // Large commercial brokers transacting business with multiple carriers and distributors are seeking to differentiate themselves in a competitive marketplace through improved technology such as artificial intelligenceI,...
Why Driverless Delivery of Goods Is Likely to Arrive Before Passengers
Mar 13 2018 // In the wait for self-driving technology, cell-phone toting tech bros may have to cede their spot in line to pizzas, Craigslist couches and the mounting ephemera of e-commerce. The future—at least in the near-term—will...
UK Insurtech Flock Launches Pay-As-You-Fly Drone Insurance
Mar 13 2018 // Flock, a London based startup, has launched Europe’s first “pay-as-you-fly” drone insurance solution. The “Flock Cover” smartphone app provides on-demand insurance for commercial drone pilots...
Greenlight Capital Re Launches Innovation Unit
Mar 7 2018 // Greenlight Capital Re Ltd., a Cayman Islands-based specialist property and casualty reinsurance company, has launched an innovation unit called Greenlight Re Innovations. Headed by Greenlight Re’s Chief Operating...
WEF Helps Create Fintech Cyber Security Consortium; Members Include Zurich, Citigroup
Mar 7 2018 // The World Economic Forum has led the creation of an industry consortium focused on improving the cyber security of financial technology companies, as collaboration between fintechs and financial institutions grows. The...
Romanian Firm UiPath Ascends as Leader in Automating Business Tasks Such as Claims
Mar 7 2018 // Romanian firm emerges as leader in automating business tasks Romanian software firm UiPath has raised $153 million in new venture financing, marking both the company’s rapid ascent as a leader in automating routine...
Introducing the InsurTech Capitals of the World
Mar 7 2018 // Not so long ago, Hartford, Conn., was widely known as the insurance capital of the world. Today, interest has shifted to technology-led insurance firms, or InsurTechs, raising the question: Where is the InsurTech capital...
Workers’ Compensation Insurtech Pie Insurance Starts Selling in 4 States
Mar 6 2018 // Digital agency Pie Insurance said it is ready to start selling its workers’ compensation policies in four states this month, with a goal of operating in as many as 20 states by the end of 2018. The startup that...
Automakers, Tech Firms Urge Congress to Speed Up Autonomous Vehicles
Mar 6 2018 // Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the deployment and testing of...
Risk Innovations in Atlanta Promotes Smith, Yost
Mar 6 2018 // Risk Innovations, a national wholesaler that specializes in personal lines insurance and workers’ compensation, has made two promotions in its Atlanta office. Kathryn Powell Smith Kathryn Powell Smith, who has led...
5 Strategies for Success in Small Business Market
Mar 5 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...
Startup Modeler Jupiter Wants to Better Predict Impacts of Climate Change
Mar 1 2018 // A startup modeling firm named Jupiter is reaching for the stars in its quest to better model for the impacts of climate change. The firm recently launched what its calling a “transformative cloud-based technology...
Who Is Liable When No One Is Driving? Part 3
Feb 28 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...
Why Financial Tech Startups Need Incumbents to Succeed
Feb 28 2018 // Financial technology startups are seeing no shortage of venture dollars flowing their way, but there are increasing concerns over whether they can survive without partnering with the industry they’re seeking to...
Allianz Investment Unit Provides Funding for Fintech Startup C2FO
Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co. With...
Who Is Liable When No One Is Driving? Part 2
Feb 21 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...
