Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk
Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...
People Moves: Aventum Promotes Eldridge to MD; Aon Names Dando as EMEA Head of Strategy, Technology Group; Chubb Taps WTW’s Källs as Country Mgr, Sweden/Finland
Jan 25 2024 // This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the...
How BPOs Can Use Technology to Scale Their Insurance Compliance (and Spend Less!)
Jan 25 2024 // This post is part of a series sponsored by AgentSync. There are as many ways to “do business” as there are businesses. That is to say, no two organizations are the same. However, broadly speaking, some...
What Does Red Sea Disruption Mean for Europe’s Economy?
Jan 23 2024 // Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade. For the...
AgentSync Hires Fabio Salim as President and Chief Operating Officer and Michael McCormick as Senior Vice President of Technology
Jan 17 2024 // Seasoned executives with SaaS and Insurance experience join leadership team DENVER, CO., Jan. 16, 2024 –– AgentSync today announced the hiring of Fabio Salim as President and Chief Operating Officer and Michael...
Insurtech Foxquilt Announces Capacity Partnership With Markel
Jan 17 2024 // Foxquilt, a digital managing general agent specializing in embedded small business insurance technology, announced a strategic and long-term capacity relationship with global specialty insurance provider, Markel. Foxquilt...
Riskonnect Acquires Ventiv Technology in Risk Management Deal
Jan 12 2024 // Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and underwriting technology solutions. “The acquisition adds substantial...
At the Intersection of Tech and Insurance: Exploring MGA Funding Then and Now
Jan 11 2024 // This post is part of a series sponsored by AgentSync. Just a few years ago, Managing General Agencies (MGAs) were an attractive investment option in the insurtech space. But market turmoil and emerging industry challenges...
Flooding at Boston Hospital Disrupts IVF Services for 200 Patients
Jan 5 2024 // Flooding from a burst water main at Boston`s Brigham and Women’s Hospital has disrupted services for about 200 patients seeking to have children through in vitro fertilization, leaving some of them devastated. The...
Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership
Dec 13 2023 // Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing...
Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI
Dec 12 2023 // Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry. The collaboration combines Hiscox London...
Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility
Dec 8 2023 // Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions line slips for primary business. The product is led by Canopius and IQUW...
4 Other Tech Tools AgentSync Customers Love and Why
Dec 4 2023 // This post is part of a series sponsored by AgentSync. AgentSync customers know the speed, efficiency, and cost-savings a modern producer licensing and compliance solution brings to their workflows. They also know a thing...
Tech Firm Settles Over Failure to Accommodate Deaf Job Candidate
Dec 4 2023 // A San Diego-based technology firm for the hospitality industry has avoided a trial over charges it discriminated against a qualified deaf applicant from Massachusetts for a remote IT job. U.S. District Judge Richard G....
Insurtechs Unite to Launch InsurTech Coalition
Nov 30 2023 // Members from several insurtechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the InsurTech Coalition, a trade organization...
People Moves: Balch Now President of Berkley Technology Underwriters; Lieberman to Lead Lockton’s US Financial Services Claims
Nov 15 2023 // W.R. Berkley Corporation Names Balch President of Berkley Technology Underwriters W.R. Berkley Corporation, headquartered in Greenwich, Conn., appointed Christopher H. Balch as president of Berkley Technology Underwriters,...
Honeycomb Insurance, Using Tech to Bypass Property Inspections, Expands to Virginia
Nov 7 2023 // Honeycomb Insurance, a which says its technology eliminates the need for physical property inspections, has won regulator approval to write policies in Virginia. The company, which began operating in 2021, writes in 15...
Siemens, Ericsson Warn Proposed EU Cybersecurity Rules May Disrupt Supply Chains
Nov 7 2023 // Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply...
Nike Sues New Balance, Skechers for Patent Infringement Over Sneaker Tech
Nov 7 2023 // Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike’s technology for making upper portions of sneakers. The lawsuits said...
More Disruption in Who Appoints Boards in NC, as Court Blocks Legislative Changes
Nov 3 2023 // RALEIGH, N.C. (AP) — A panel of judges on Wednesday blocked changes for now that were made by North Carolina`s Republican-controlled legislature to three state boards, attempts opponents criticized as a partisan bid...
