Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Hackers Targeting Tech Supply Chains Spur Security Startup Boom
Oct 19 2022 // Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for...
Future of Insurance: How Technology May Change P/C Underwriting and More
Oct 17 2022 // With rising inflation and the prospect of a recession on the horizon, the present macroeconomic environment is forcing property/casualty underwriters to adapt to new technologies and sources of data. All the while,...
Identifying the Right Talent for Your Insurtech
Oct 17 2022 // Insurtechs are continuing to disrupt the insurance industry, while pushing traditional insurers to focus on modernization initiatives and how they can best leverage the capabilities of data and analytics. While global...
Google Faces EU Antitrust Charges Over its Ad-Tech Business
Oct 13 2022 // Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said...
People Moves: O’Leary Named CEO RSA Luxembourg; Northcourt Appoints Pool Re’s Butler as Nuclear Industry Adviser; Aon Taps WTW’s Dell’Aglio for Strategy & Tech Unit
Oct 12 2022 // This edition of International People Moves details appointments at RSA Luxembourg; Northcourt (the MGA and underwriter of nuclear risks), and Aon. A summary of these new hires follows here. O’Leary Named CEO of RSA...
Real-Time Tech: Supply Chain Analysis Tools
Oct 6 2022 // Transparency is the key to managing supply chain risk. But some businesses only focus on selective financial information from their suppliers, which can leave them exposed. Beyond creditworthiness, there are many...
Markets/Coverages: Mosaic Adds Excess Tech E&O; CoverTree, Socotra Partner for Mobile Homes; Cover Whale New API
Oct 4 2022 // Mosaic adds excess technology E&O coverage to cyber product offering Mosaic Insurance’s cyber division has launched excess capacity and coverage for a new product aimed at protecting technology sector companies...
Insurtech Lemonade Launches in UK
Oct 3 2022 // Lemonade, the New York City-based insurtech that is powered by artificial intelligence, has launched in the United Kingdom, following previous international moves in France, Germany, and the Netherlands. Founded in 2015,...
Allianz’s Digital Investments Arm Acquires German Insurtech simplesurance
Sep 30 2022 // Allianz X, the digital investments arm of Allianz Group, will acquire 100% of the shares in Berlin-based simplesurance. Allianz X has been a strategic investor in the Berlin-based insurtech company since 2016 and most...
Pie Insurance Raises $315M in Largest U.S. Insurtech Financing Round of 2022
Sep 21 2022 // Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, said it raised a $315 million Series D round of funding – the largest round of financing for any U.S. based P&C...
InsureScan Expands Auto Insurance Tech Approach to Alabama
Sep 19 2022 // InsureScan, a company that says its software can help agents quote and bind auto coverage in a few minutes, has expanded to Alabama. CEO Mark Chappell, who is based in Alabama, said that while some insurance companies are...
New York Seeks Program Manager for $6.5M Fund for ‘Clean Tech’ Insurance Products
Sep 19 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support insurance innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...
Traffic, Water Shortages, Now Floods: The Slow Death of India’s Tech Hub?
Sep 16 2022 // Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, where his cousins would join him catching...
Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts
Sep 15 2022 // Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central Massachusetts in the city of Worcester. The company said the new Massachusetts office...
Workers’ Comp Insurance Industry Backs CompScience Technology in $6M Seed Round
Sep 9 2022 // CompScience has found a way to reduce workers compensation risk and cost using artificial intelligence. Not just by the numbers, but by analyzing authentic, onsite video taken at clients’ facilities. The company...
Aon Launches Strategy and Technology Group, Aiming to Build Re/Insurer Resilience
Sep 8 2022 // Aon plc, the global professional services firm, has launched a Strategy and Technology Group (STG) to bring together a wide range of expertise and technology solutions — designed to help property & casualty and...
Technology Helps Seniors Stay at Home Longer
Sep 5 2022 // Eighty-five year old Sam’s family and friends feared this was it. Sam, who lives alone, had fallen again and this time, he fractured his back. Days later as he was lying in the hospital bed wearing a back brace, he...
Senior Care Market Experiencing Revived Competition Amid Hi-Tech Boom
Sep 5 2022 // The insurance market for senior care and housing facilities has emerged from the volatile period of the pandemic and is again responsive and competitive. Premiums that were going up considerably are moderating in some...
New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager
Sep 2 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...
Commercial Auto Insurtech Fairmatic Raises $42M
Aug 31 2022 // Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding round to further expand its investment in the performance-priced fleet insurance...
