Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance
Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...
How Agents and Insurtechs Can Work Together
Feb 7 2022 // Independent insurance agents today are different. They’re not your parents’ agencies. Yes, they still provide insurance and build strong client relationships. But they’re also relying on technology more...
Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight
Feb 7 2022 // Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against...
FAA Expects Addressing Safety Issues to Cause Only ‘Minimal Disruptions’ to Air Travel
Feb 3 2022 // The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed “safely with minimal disruptions,” the head of the FAA will tell U.S. lawmakers...
How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers
Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...
Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection
Feb 2 2022 // Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs pet owners of the urgency of seeking care for their ailing dog or cat,...
5 Tech Tools for the Digital Insurance Professional: An Ebook
Feb 2 2022 // This post is part of a series sponsored by AgentSync. Having tech tools that make collaboration easy and efficient, and that reduce repetitive data entry on a team is important to us, so much so that we’ve put...
Chile Insurtech Startup Betterfly Plans Overseas Expansion After $125M Funding Round
Feb 1 2022 // Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion. The company is preparing to begin operations in seven new markets in 2022 —...
Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines
Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million. Sayata CEO...
Greenlight Re Innovations Gets ‘In-Principle’ Nod to Launch Lloyd’s Syndicate
Feb 1 2022 // Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate. Syndicate...
Insurtech Descartes Underwriting Raises $120M to Expand Parametric Product Offering
Jan 31 2022 // Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round. Growth equity firm Highland Europe is leading the...
Insurtech Accelerant Raises $190 Million
Jan 28 2022 // InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round. Atlanta-based Accelerant serves a network of managing general underwriters (MGU) and program...
Insurtech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
Jan 28 2022 // Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global provides end-to-end digital micro insurance products,...
Insurtech Unicorn Bolttech Weighs Raising $300M in Fresh Funds
Jan 28 2022 // Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million in fresh funds this year, according to people familiar with the matter. The...
Insurtechs – Three Considerations When Implementing Self-Service Claims
Jan 26 2022 // This post is part of a series sponsored by CoreLogic. Over the past year, online client demand has maintained a steep upward climb. Due to the pandemic, cloud and integrated technology capabilities have been expanded to...
Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go
Jan 25 2022 // Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers...
Insurtech Root Lays Off 330 Employees as Loss Costs Increase
Jan 24 2022 // Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business. Co-Founder and CEO Alex Timm in an...
People Moves: Muñiz Named GC&C’s Head of Construction & Green Energy; Gallagher Re Hires Hiscox’s Kim for Cyber; Chubb Promotes Kropp to Global Head of Operations/Tech
Jan 21 2022 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb. A summary of these new hires follows here. Muñiz Named GC&C’s...
U.S. Airlines Report Only Minor Disruption From 5G Deployment
Jan 20 2022 // U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel as the U.S. Federal Aviation Administration (FAA) said it has issued new approvals to allow more low-visibility...
Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling
Jan 20 2022 // Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China. The...
