Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Jan 8 2018 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector
Jan 4 2018 // Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT,...
Netflix vs. HBO and the Race to the Insurance Customer
Jan 2 2018 // “The goal is to become HBO faster than HBO can become us,” the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference founder Caribou Honig thinks...
Deploying Technology, Security Measures to Fight Weaponization of Autos
Dec 28 2017 // A deadly attack this month in Melbourne, Australia, in which a man plowed an SUV into a crowd of Christmas shoppers, comes from the same playbook used by terrorists in recent years around the globe. Many new vehicles...
Fancher Named Digital Transformation Officer at American Family Insurance
Dec 28 2017 // Madison, Wisconsin-based American Family Insurance has named Todd Fancher as its first digital transformation officer. Fancher will oversee American Family group’s strategic investment in technology and practices...
EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach
Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...
Microsoft Wants to Pit AI Against Climate Change
Dec 21 2017 // Red and green make yellow. And depending on how one feels about climate change, it could be considered a cautionary tale for the U.S. that China plans to create the world’s largest carbon market, possibly making it...
Startup Trov, Munich Re to Insure Riders of Waymo’s Self-Driving Car Service
Dec 20 2017 // Trov, an on-demand insurance startup, plans to provide trip insurance for passengers using Waymo’s soon-to-be launched self-driving, ride-hailing service. Waymo, formerly Google’s self-driving car project,...
Language Lessons for Property/Casualty Insurers
Dec 18 2017 // InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use is creating a gulf...
6 Industry Trends to Exploit for 2018
Dec 18 2017 // To prepare for the future, business owners need to observe what trends are occurring and then evaluate how those trends could impact their business. It is a guessing game, but an educated guess is usually proven to be...
American Family Insurance Acquires Data Analytics Firm; Also Home Tech Firm
Dec 15 2017 // American Family Insurance said it intends to accelerate its use of data, advanced analytics and artificial intelligence (AI) with its purchase of Chicago-based data and analytics software company Networked...
Startups Selected for Inaugural InsurTech Acceleration Program in Hartford
Dec 14 2017 // Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural...
Judge Nixes Bid to Halt Federal Charters for Fintech Firms as Premature
Dec 14 2017 // A Manhattan federal judge on Tuesday dismissed a lawsuit brought by New York’s banking regulator against the U.S. Comptroller of the Currency (OCC) over its proposal to offer charters that would let online lenders...
Gibraltar Introduces License for Fintech Firms Using Blockchain
Dec 14 2017 // Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT) from next month in a bid to attract...
Insurtech Firm Quantemplate Names Lundgren as CEO; Gets £2.5M in New Capital
Dec 12 2017 // Quantemplate, a London-based insurtech firm that specializes in machine learning data transformation and analytics, announced that David Lundgren has been appointed CEO and board director. The company has also received...
Ohio InsurTech Startup Root Insurance Adds Allison as General Counsel
Dec 8 2017 // Columbus, Ohio-based auto insurance startup, Root Insurance, has hired Jon Allison as its first general counsel. Prior to joining Root, Allison served on the senior management team of CareSource, a regional non-profit...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Dec 6 2017 // Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by technology...
Artificial Intelligence Startup Cytora Raises $5.9M from QBE, Starr, Other Investors
Dec 6 2017 // Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE’s venture capital arm and Starr Cos. QBE Ventures, Starr Global Holding, Cambridge Innovation...
Insurtech MGA Wrisk Gets UK Regulatory Authorization
Dec 6 2017 // On the heels of its recent successful crowdfunding raise, the app-based insurtech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK’s Financial Conduct...
Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product
Dec 4 2017 // A California insurtech startup with a new cyber product has launched to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View,...
