Latest InsurTech Headlines
All the headlines from our InsurTech Topic Page, ordered by recency.
AFL Insurance Brokers Taps RK Harrison’s Stagg to Drive Tech Innovation
Dec 1 2017 // AFL Insurance Brokers Ltd. announced that re/insurance broker George Stagg has joined the company to lead its technology incubator division as associate director, innovation. Stagg joins from RK Harrison, where he was most...
Chinese Startup Develops ‘Taxi Drone’ with Plans for 2018 Rollout
Nov 29 2017 // A Chinese startup has developed a flying car that it plans to roll out as soon as next year. EHang Inc.’s E-184 drone can carry one passenger in its small cockpit, but the firm says it’s working on a model that...
Four Reasons to Explore Underwriting Automation
Nov 28 2017 // This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more...
Insurance Startup Berkley One Launches in Illinois
Nov 28 2017 // Startup insurance provider, Berkley One, has launched in Illinois, the first state of a planned national state-by-state rollout. Working with a select group of independent agents, Berkley One offers home, automobile, fine...
Trump Wants NAFTA to Limit Liability of Internet Firms Including Google, Facebook
Nov 27 2017 // The Trump administration is pushing to add legal protections in the North American Free Trade Agreement (NAFTA) that would limit the liability of internet giants such as Google and Facebook, marking the latest in a...
Airbus Aims to Develop Single Pilot, Autonomous Aircraft to Cut Crew Needs
Nov 22 2017 // Airbus SE is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial jetliners, helping cut costs for carriers, Chief Technology Officer Paul Eremenko said. “The...
Uber, Transitioning to Fleet Operator, Orders 24,000 Driverless Cars from Volvo
Nov 21 2017 // Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars. The non-binding framework deal could...
Conservatives Now Want to Abolish Board They Hoped Would Curtail Patent Suits
Nov 21 2017 // In August, a dozen inventors gathered around a fire pit outside the headquarters of the U.S. Patent and Trademark Office in Alexandria, Virginia, and set alight patents they said had been rendered worthless by an...
USAA Among Backers of Home Water Damage Prevention Startup Flo
Nov 20 2017 // Flo Technologies has unveiled Flo, an intelligent home water monitoring and conservation system that promises to help reduce water damage insurance claims. The startup has raised a total of $11.5 million from investors led...
Recent Hurricanes Highlight the Need for Digital Transformation in Insurance
Nov 20 2017 // The claims for Hurricane Irma are starting to pour in and they’ll be big, $25 billion to $35 billion, forecaster AIR Worldwide says. The scenes of flooding, displaced people, wrecked homes and disrupted communities...
Tech Tips to Reach Millennials: Tech Talk
Nov 20 2017 // Independent agents are slowly accepting the fact that they need to reach out to millennials more effectively. Much of the generation that is now between the ages of 20-36 is entering its prime earning years and starting...
Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product
Nov 16 2017 // A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View,...
Humans Must Fight the Driverless Dystopia: Viewpoint
Nov 14 2017 // Two iconic figures in the car industry — former General Motors head of product development Bob Lutz and Renault-Nissan-Mitsubishi Alliance Chairman Carlos Ghosn — have recently outlined competing visions for the future...
Xceedance Makes Equity Investment in Startup Blockchain Specialist ChainThat
Nov 14 2017 // Xceedance, the provider of insurance consulting, managed services, technology and data sciences, announced a multi-million dollar “Series A” equity investment in ChainThat, a London-based blockchain specialist...
Uber, Tech Firms Helping Their Contract Workers Sign onto Obamacare
Nov 14 2017 // Uber Technologies Inc. and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the health...
How Sex Trafficking Became Battleground in Fight Over Big Tech Immunity
Nov 9 2017 // During last week’s hearings about the industry’s role in the 2016 presidential election, one ominous moment for Big Tech came when California Senator Dianne Feinstein, the industry’s representative in...
French Startup Navya to Roll Out $290,000 ‘Robotaxi’ in Paris Within Weeks
Nov 8 2017 // Navya Technologies SAS will roll its robot-driven automobiles onto the cobbled streets of Paris in the next few weeks to try and beat behemoths from General Motors Co. to Alphabet Inc. at proving autonomous cars are...
Insurtech-Led TPA, Advent Claims, to Administer Claims for Principia Underwriting
Nov 8 2017 // Advent Claims, the insurtech-led claims third party administrator (TPA), announced it has signed an agreement to administer all claims for Aquila Underwriting-backed MGA, Principia Underwriting. Principia, which previously...
Allianz Develops Blockchain Prototype for Captive Insurance Program
Nov 7 2017 // Allianz Global Corporate & Specialty SE (AGCS) has successfully trialed blockchain technology for a global captive insurance program, which facilitates cash transfers between countries. AGCS’s Allianz Risk...
Breitstone Named CEO of Massachusetts Insurtech Company Goji
Nov 6 2017 // Peter Breitstone, a former senior executive at Insureon, Aon and Zurich, was named CEO of Goji, a Boston, Mass.-based, technology-enabled personal lines insurance distribution platform that matches high lifetime value...
