Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market
Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022. The company, which...
Multi-Family Property Insurtech Honeycomb Raises $15.4 Million, Plans Expansion
Jan 19 2022 // Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into more states. The reinsurance-backed managing general agent (MGA) touts a technology stack for...
UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF
Jan 13 2022 // KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor. The insurtech will use the investment...
People Moves: Hartford’s Guidry Joins Great America’s Alternative Markets; Vertafore Names Nguyen Chief Technology Officer
Jan 12 2022 // Great American’s Alternative Markets Names Guidry Vice President Great American Insurance Group announced that Jennifer C. Guidry has joined the Alternative Markets Division as vice president of Business Development...
Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber...
Great American, Texas-Based Insurtech Assurely to Offer D&O Insurance
Dec 30 2021 // The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via...
Car Makers Like Some Tech Features More Than Car Buyers Do
Dec 29 2021 // While car buyers say new vehicle technology is a leading reason they choose one vehicle over another, there are some tech features that they would just as soon do without. “New-vehicle prices are at an all-time high,...
Firms Want U.S. to Support EU Proposals to Rein In Big Tech Platforms
Dec 29 2021 // Critics of tech giants like Alphabet’s Google pressed Commerce Secretary Gina Raimondo for a January meeting after she expressed concern about proposed legislation in Europe aimed at reining in the U.S....
Record Snowfall Disrupts Train, Air Travel in Western Japan
Dec 28 2021 // A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall surpassed 70 centimeters (28 inches) in the cities of Hikone and Maizuru, in the...
Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day
Dec 21 2021 // The resilience of America’s critical infrastructure networks has been tested over the last year by a number of serious disasters – both natural and manmade — including winter storms shutting down electrical grids...
New Kid on Block Will Use Tech, Rapid Repair Networks to Survive Florida Market
Dec 21 2021 // When the Florida insurance world heard that a newly formed homeowners’ insurance carrier was stepping into the troubled Florida waters, reactions ranged from cynical to apoplectic. Vyrd President David Howard Few...
UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise
Dec 20 2021 // A commercial insurance brokerage technology company that is up and running in the UK is targeting the U.S. after raising more than $7.9 million in a Series A funding round. Broker Insights, which is based in Scotland,...
Insurance Technology: SiriusPoint Invests in LuckyTruck; Hiscox Offers Real-Time Quotes With RMS Location API; ActZero Security Adds Cyber Coverage From Measured
Dec 15 2021 // Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount. LuckyTruck vows...
Insurtech Coalition Forms Captive Insurer to Enhance Cyber Insurance Capacity
Dec 13 2021 // Managing general insurance agency and cyber security company Coalition has launched a captive insurer to begin taking risk on its cyber insurance programs. The captive, domiciled in Hawaii, will provide capacity in...
People Moves: MJ Insurance Names Pitts as VP of Technology; Arturo Adds Tulsiani as Chief Marketing Officer
Dec 9 2021 // MJ Insurance Names Braden Pitts as Vice President of Technology MJ Insurance, a risk management and employee benefits agency, has hired Braden Pitts as vice president of technology. Pitts joins MJ Insurance with more than...
Hiscox Utilizes RMS Location Technology to Deliver Large-Scale, High-Speed Point of Quote Pricing for Coverholders
Dec 8 2021 // LONDON – 7th December, 2021 – Specialist global insurer is working with RMS, the world’s leading catastrophe risk solutions company, to extend and increase its use of groundbreaking RMS Location Intelligence API...
How Big Tech Is Faring in U.S. Lawsuits and Probes
Dec 8 2021 // Big Tech platforms Meta Platforms Inc, formerly known as Facebook, and Google have been hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners
Dec 7 2021 // Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online marine insurance service designed for UK leisure vessel owners in...
Chubb and Chile Insurtech Betterfly Form Partnership for LatAm Offering
Dec 2 2021 // Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies seek to tap into under-served Latin American markets. The partnership will focus...
Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help
Dec 1 2021 // Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president,...
