Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Legislation to Combat Online Sex Trafficking Clears Congress; Moves to President
Mar 22 2018 // Congress passed a bill to combat online sex trafficking that has split the tech industry, bringing one of the first measures to weaken legal protection for websites closer to becoming law as Big Tech faces a mounting...
European Insurtech Investment Growth Surpasses North America in 2017: Accenture
Mar 22 2018 // Global investment in the insurance technology (insurtech) industry surged in 2017, with Europe emerging as a new insurtech hub outside the U.S., according to new research from Accenture. The research, which includes new...
Startup Agency Gabi CEO: ‘We Don’t Want to Eliminate Agents’
Mar 20 2018 // Editor’s Note: On Feb. 21, Insurance Journal reported on online personal lines insurance startup Gabi’s latest fundraising. (Personal Insurance Site Gabi Raises $9.5 Million; Now Selling in 6 States). In its...
Startup California Construction Company Working on Robotic Vehicles
Mar 20 2018 // As a teenager working for his dad’s construction business, Noah Ready-Campbell dreamed that robots could take over the dirty, tedious parts of his job, such as digging and leveling soil for building projects. Now the...
Arizona Became Autonomous Hotbed Prior to Uber’s Deadly Crash
Mar 20 2018 // The technology behind autonomous vehicles has originated from coders in Silicon Valley, engineers in Detroit and academic researchers in Pittsburgh. Much of it eventually lands on the streets of Arizona, a state...
Analytics and Automation Reshaping the HR Process
Mar 19 2018 // Advancements in technology are driving continued evolution throughout the insurance industry. From insurtech and telematics to artificial intelligence (AI) and digitalization, the industry continues to face increased...
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...
