Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
The InsurTech Summit 2022 Announces Agenda and Speakers
Apr 18 2022 // San Diego, CA., April 18, 2022 – Today, Carrier Management has announced the agenda and speakers for the InsurTech Summit 2022. This is a virtual, two-day event beginning at 8 a.m. Pacific on Tuesday, May 10 and...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits
Apr 18 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported in March, citing the impact of social inflation on rising...
Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M
Apr 13 2022 // Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters
Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of protests at...
Insurance Technology: Certificate Hero and TNEDICCA Attract Investors
Apr 5 2022 // Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing Platform Certificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its...
10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022
Apr 5 2022 // Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives. This...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders
Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...
Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions
Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program. Lloyd’s Lab, the market’s innovation...
UK Cyber Agency Warns Organizations About Use of Russian Computer Technology
Mar 30 2022 // Britain’s cybersecurity center on Tuesday said organizations providing services related to Ukraine or critical infrastructure should reconsider the risk associated with using Russian computer technology in their...
New Guide Makes the Case for Growing Your Distribution Channels with Producer Management Technology
Mar 30 2022 // This post is part of a series sponsored by AgentSync. Producer management and licensing compliance isn’t the most attractive part of working in insurance. Most carriers, agencies, and MGAs are using fairly manual...
Hannover Re Opens Access to Insurtech Innovation Platform, ‘hr | equarium’
Mar 29 2022 // Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with insurtech partners. The platform has been used on a regular basis by more...
People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta’s Toth as Dir. of U/W
Mar 29 2022 // This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA Tamesis DUAL. A summary of these new hires follows here. WTW Promotes Richardson to...
Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M
Mar 28 2022 // Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million. The platform, launched in 2014, allows...
Big Tech Blackout Set to Be Averted With EU-U.S. Data Pact
Mar 28 2022 // The European Union and U.S. broke the deadlock on a new data-transfer pact, potentially avoiding a doomsday scenario for tech giants such as Meta Platforms Inc. and thousands of other firms that rely on free flows of...
Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry
Mar 23 2022 // This post is part of a series sponsored by AgentSync. The insurance world isn’t moving at the speed of light quite yet, but technology is still bound to transform the ways insurance agents and carriers do business...
World’s Cargo Ships Are Sailing Into Supply Chain Disruptions via Climate Risks: Report
Mar 21 2022 // Dangerous, expensive disruptions to shipping and many of the world’s roughly 3,700 ports are on the rise along with global temperatures. These events will increasingly threaten the sea routes that convey 80% of...
People Moves: AXA XL Promotes Europe Managers; WTW Names Bassi for Insurance Consulting & Tech; Sedgwick Appoints Horrocks UK Head of Fraud Tech, Intelligence
Mar 17 2022 // This edition of International People Moves details appointments at AXA XL, Willis Towers Watson and Sedgwick. A summary of these new hires follows here. AXA XL Promotes 2 Regional Managers in Europe Peter Knaus AXA XL...
Virginia Lawmakers Approve Relaxing Ban on Facial Recognition Technology
Mar 16 2022 // Last year, Virginia lawmakers passed one of the most restrictive bans in the country on the use of facial recognition technology, barring local police departments and campus police from purchasing or using the technology...
Connecticut, UK Sign ‘Insurtech Corridor’ Partnership
Mar 11 2022 // On March 10, 2022, the UK Government announced a formal agreement with Connecticut Insurance & Financial Services (CT IFS), the MetroHartford Alliance (MHA), the Connecticut Insurance Department, and Insurtech UK to...
Insurtech MGA Loadsure Raises $11M to Expand Cargo Insurance Technology Platform
Mar 11 2022 // Insurtech MGA Loadsure announced that it closed its $11 million Series A funding round, led by MMC Ventures. Other investors included Crowley, a global maritime, energy, and logistics company, and existing investor...