Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Orion180 Expands Home Insurtech Model Into Georgia, South Carolina
Nov 3 2021 // Orion 180, a homeowners’ insurtech company, has expanded into Georgia and will soon move into South Carolina, the company said this week. Orion, based in Melbourne, Florida, uses technology to allow homeowners to...
WTW’s Smith to Lead Chaucer’s Marine Specialty Division; NFP Names Beauchamp VP Commercial Lines; Insurtech BOXX Hires Steptoe as Global Chief Product Officer
Nov 2 2021 // This edition of International People Moves details appointments in at insurer Chaucer (in the UK), the broker NFP (in Quebec) and the insurtech BOXX (in Switzerland). A summary of these new hires follows here Chaucer...
Russia Tech Giant Yandex Uses AI to Reward Safe Drivers With Insurance Discounts
Nov 2 2021 // Russian tech giant Yandex plans to reward responsible drivers on its car-sharing platform with cheaper insurance this year, it told Reuters, using machine learning in a pilot program similar to one already adopted by...
Searching for Realistic Ideas That Could Help Tame Big Tech
Nov 2 2021 // Break up Big Tech? How about shrinking the tech companies’ shield against liability in cases where the content they push to users causes harm? Or creating a new regulator to strictly oversee the industry? Those ideas...
Aquiline Capital Partners to Acquire Majority Stake in UK Insurtech Ripe Thinking
Nov 1 2021 // Ripe Thinking Ltd., a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC to acquire a majority stake...
Ohio Insurtech Coterie Insurance Raises $50M
Oct 29 2021 // Cincinnati, Ohio-based insurtech company Coterie Insurance, which specializes in commercial insurance, has completed a $50 million series Series B financing round, totaling $75 million raised since its founding in...
Big Tech Data Centers Generate Concern Over Scarce Western Water
Oct 27 2021 // Conflicts over water are as old as history itself, but the massive Google data centers on the edge of this Oregon town on the Columbia River represent an emerging 21st century concern. Now a critical part of modern...
Global $10.5B Insurtech Funding Train Leaving Many Startups Behind, WTW Advises
Oct 27 2021 // While global investment in insurtechs continues to rise, not all insurtechs are benefitting. Rather, much of the funding is focused on a relatively few startups. For example, in the second quarter, more than two-thirds of...
Guy Carpenter Launches Global Insurtech Center of Excellence
Oct 22 2021 // Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of Excellence (COE) to provide comprehensive services to global re/insurance...
Insurance Technology: Guidewire Guides Insurers to Insurtechs; Rhino, Cover Genius Offer Embedded Renters Insurance
Oct 22 2021 // Guidewire Guides Insurers to Insurtechs Guidewire Software has launched a program designed to connect its property/casualty insurance industry customers to up-and-coming insurtechs. Dubbed, Insurtech Vanguards, the program...
Insurance Technology: Catalyit; CyberCube; Tremor; TransUnion and e2Value
Oct 21 2021 // Anderson, Catalyit Offer Technology Resource for Agents Headed by agency technology consultant Steve Anderson, Catalyit has assembled a team of insurance industry tech experts to launch a new technology resource for...
Changing Role of Technology in Distribution Management
Oct 21 2021 // This post is part of a series sponsored by AgentSync. The U.S. insurance industry is heavily regulated. That’s no shock to anyone working in the industry. Everything from producer licensing to commission payouts...
Regulation, Technology Know-How Are Delaying Embedded Insurance’s Full Potential
Oct 20 2021 // Embedded insurance has made substantial gains in 2021, but the technology faces regulatory and other roadblocks that could postpone its full potential, a panel of experts and industry insiders said during InsureTech...
Chubb CEO Greenberg Says Some Insurtechs Are More Hype Than Transformation
Oct 18 2021 // Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of insurtech entrepreneurs, Chubb CEO Evan Greenberg was having none of...
Mining the Hidden Treasure of Your Insurtech Investment
Oct 18 2021 // Your agency may have a treasure trove of untapped potential with your unused insurance software. The good news is you can unlock that potential for more value for free, it just takes spending some time to remember why your...
Agencies Made Progress With Technology During Pandemic but Data Issues Remain Obstacle to Digital Future
Oct 18 2021 // It’s difficult enough keeping up with the latest trends in agency technology let alone trying to do it during a global pandemic. But industry technology experts say independent agencies made progress, with many...
Insurtech Veteran Launches Online Directory to Connect P/C Agents with Technologies
Oct 14 2021 // A veteran agency insurtech advocate has launched an online directory for property/casualty insurance agents to categorize, compare and connect them with technology companies that support the agency distribution channel. In...
Toronto Cyber Insurtech Boxx Expands to U.S., Names Itriago as President
Oct 14 2021 // Right after closing its Series A financing round, Boxx Insurance Inc. announced its expansion to the U.S. and its appointment of Hilario Itriago as Boxx USA president. The digital managing general agency promises that its...
La Nina Arrives, Threatening More Droughts, Storms and Supply Disruptions
Oct 14 2021 // A weather-roiling La Nina appears to have emerged across the equatorial Pacific, setting the stage for worsening droughts in California and South America, frigid winters in parts of the U.S. and Japan and greater risks for...
Munich Re’s Venture Arm Raises $500M for Fund Focused on Insurtech, Cybersecurity
Oct 13 2021 // Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with plans to focus, in part, on insurtech and cybersecurity. The new financing arm, dubbed Munich Re Fund...
