Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Laid Off Tech Workers Are About to Get Help—From Allstate
Jan 23 2023 // Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business. The company—best known for auto and home policies—is investing in technology including artificial...
Canada’s Westland Insurance Acquires Broker RiskTech From Excel
Jan 17 2023 // Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market...
Britain’s Royal Mail Faces Severe Disruption to Export Services After ‘Cyber Incident’
Jan 12 2023 // Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident.” “We are temporarily unable to despatch...
Ohio Insurtech battleface Launches Platform Supporting Travel Insurance
Jan 11 2023 // Columbus, Ohio-based travel insurance provider battleface announced the launch of Robin Assist, a new tech-driven platform as a service. Built for insurance carriers, brokers, managing general agents (MGAs) and...
Big Tech Layoffs May Further Disrupt Equity and Diversity Efforts
Jan 6 2023 // 2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person with one too many years under their belt. Surging firings by technology companies last year are...
Markets/Coverages: CNA Hardy Offers Enhanced Product Suite for UK Tech Businesses
Jan 5 2023 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the latest addition to its specialist technology product suite. The product, called...
Southwest Airlines is Discovering the True Cost of Outdated Tech
Jan 5 2023 // This post is part of a series sponsored by AgentSync. If you’re looking for proof that outdated technology, manual processes, and data silos can result in catastrophe, all you need to do is peek under the hood of...
Riding the Waves of Insurtech
Jan 4 2023 // This post is part of a series sponsored by AgentSync. The evolution of technology in any industry follows a similar pattern. Transformation doesn’t happen overnight. Rather, we see a progression from infancy to...
Verisk to Acquire Swedish Claims Insurtech Mavera
Dec 22 2022 // Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates a personal injury claims management platform. Financial details of the transaction...
GEICO, Location-Tech what3words Partner to Enhance Roadside Assistance
Dec 15 2022 // GEICO and location-technology provider what3words announced a new partnership to provide enhanced roadside assistance to customers across the U.S. With what3words, GEICO teams can pinpoint a customer’s precise...
Bridging the Insurtech Divide with Data in 2023
Dec 15 2022 // The magic word to bridge a widening gap between successful and underperforming insurtechs in 2023 is “data,” according to a group of insurtech experts who spoke with Carrier Management about their predictions...
Chubb to Launch Technology Hub in Thessaloniki, Greece
Dec 12 2022 // Property/casualty insurer Chubb announced it will launch a new technology services center in Thessaloniki, Greece, in early 2023, aiming to deliver innovative technologies that enhance the customer experience, increase...
People Moves: Chubb Global Mkts Promotes O’Brien to Head of Cargo; AXIS Promotes Maher to Head of Cyber and Technology, London
Dec 9 2022 // Chubb Global Mkts Promotes O’Brien to Head of Cargo Chubb announced the appointment of Alex O’Brien as head of Cargo for Chubb Global Markets (CGM), the company’s London Market wholesale and specialty...
Many Insurtechs Exit the Marketplace, and Other 2023 Predictions From Forrester
Dec 6 2022 // More than a quarter of insurtechs will leave the insurance marketplace in 2023 – just a couple years after investments in the space were at an all-time high, according to predictions from research and consulting firm...
UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S.
Nov 16 2022 // Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round was led by Venture Capital firm Breega with participation from...
Acrisure Buys New York Technology Services Firm Homefield IT
Nov 10 2022 // Insurance broker and real estate services firm Acrisure announced that it has acquired business technology firm Homefield IT, which will become part as part of Acrisure Cyber Services (ACS). Based in New York City,...
Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace
Nov 10 2022 // Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language...
Online Startup Waada Buys Rival to Become Pakistan’s Largest Insurtech
Nov 7 2022 // Pakistani online insurance startup Waada acquired a local rival to create the South Asian nation’s largest player in the field, seeking to benefit from growth in the burgeoning market. The Karachi-based company took...
Tech Update: Canopius to Launch Tech and Data Hub in UK
Nov 3 2022 // Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that...
Tennessee Tech Develops Low-cost Sensors to Help Detect Flooding
Oct 24 2022 // Extreme rainfall events, and the dangerous floods that follow them, are happening more often in Tennessee. This risk grows as the climate warms. To respond to this risk, climate scientists, engineers and emergency mangers...
