Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Insurtech Startup bolttech Raises $180 Million, Valuing Firm at More Than $1B
Jul 1 2021 // Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York and Singapore-based...
Safety Regulator Wants Crashes of Cars with Advanced Tech Reported Within 1 Day
Jun 30 2021 // U.S. regulators on Tuesday said they would keep a closer eye on the automotive industry as it rolls out advanced driver safety systems, tracking the new technologies to spot potential defects faster. The National Highway...
Wall Street, Tech Firms Fear SEC Climate Disclosure Will Trigger Lawsuits
Jun 29 2021 // The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest tech companies say will lead to a barrage of shareholder...
How Technology Can Be Used to Lessen the Damage from Natural Disasters
Jun 29 2021 // In 2020 alone, more than 10.3 million acres were burned by wildfires across the United States, a level three times higher than the 10-year average from 1990 to 2000 10. Between fire suppression costs, direct and indirect...
Indictment Says Tech Firm Official Stole Money, Ran Fraud Scheme
Jun 25 2021 // The chief operating officer of a Philadelphia-based technology startup company orchestrated a long-running securities offering fraud while simultaneously embezzling hundreds of thousands of dollars from the firm, according...
Insuring Cyber Podcast: How Insurtechs Are Helping Insurers Bridge the Digital Divide
Jun 23 2021 // Powered by InsuranceJournal.tv As the COVID-19 pandemic has pushed many insurers to embrace more technology, there has been some talk of how insurtechs can step in and help insurers navigate the ever changing digital...
Like ‘Terminator,’ High-Tech Cyber Crime to ‘Keep Coming’
Jun 23 2021 // Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime —and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings...
InsureTech Connect Vegas 2021 is Back in Full Force
Jun 22 2021 // Waitlist for All Sponsorships and Exhibit Hall Space; Agenda Full; Price Increase June 26. NEW YORK, JUNE 21, 2021 – InsureTech Connect (ITC) has announced that its sales have been so robust for its October 2021 Vegas...
Paris-Based Insurtech Akur8 Raises $30 Million for International Expansion
Jun 18 2021 // Akur8, the Paris-based insurtech firm that automates insurance pricing, has closed a Series B funding round of $30 million, bringing its total funding to $42 million. This latest funding round will accelerate Akur8’s...
USAA to Acquire Insurtech Noblr to Offer Its Members Usage-Based Auto Coverage
Jun 16 2021 // Insurer USAA is buying Noblr, an insurtech digital insurer offering behavior-based auto insurance. USAA, a Texas-based insurer focused on members of the U.S. military and their families, said the acquisition will help make...
Hackers Only Needed a Single Password to Disrupt Colonial Pipeline, CEO Testifies
Jun 9 2021 // The head of Colonial Pipeline told U.S. senators on Tuesday that hackers who launched last month’s cyber attack against the company and disrupted fuel supplies to the U.S. Southeast were able to get into the system...
50 Investors Urge Ethical Development of Facial Recognition Technology
Jun 8 2021 // A group of 50 investors managing more than $4.5 trillion in assets is calling on companies involved in the development and use of facial recognition technology, such as Amazon and Facebook, to do so in an ethical way. The...
German Insurtech ELEMENT Raises $19.5M to Continue Growth
Jun 7 2021 // ELEMENT, the Berlin-based white-label provider of digital insurance solutions, has raised €16 million (US$19.5 million), in additional investment from existing and new investors. The additional capital will be used to...
German Insurtech Wefox Raises $650M in Funding, Valuing Firm at $3B
Jun 1 2021 // BERLIN – Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called insurtech company that valued the business at $3 billion. The...
New Insurtech Advisor Insurance to Target Risks of Wealth Managers
May 28 2021 // K2 Placements and Wealth Advisor Growth Network (WAGN) have partnered on an insurtech platform for wealth managers buying business insurance to protect their firms. The new platform, Advisor Insurance, was designed to...
Patra Expands Leadership Team to Advance Technology-Enabled Services for the Insurance Industry
May 27 2021 // Matt Hewitt joins the leading insurance services provider as Corporate Development Officer. EL DORADO HILLS, Calif., May 27, 2021 – Patra, a leading provider of technology-enabled services for the insurance industry,...
Technology Upgrades Follow Cyberattack on Alaska Courts
May 26 2021 // The Alaska court system said it is taking steps aimed at avoiding future cyberattacks, such as upgrading software and “investing in technology that can better protect our systems from intrusion.” The court...
How 3D Technology is Deepening Claims Efficiency in Insurance
May 26 2021 // Powered by InsuranceJournal.tv The use of 3D technology has been a topic of discussion in insurance for years, but for an industry that is historically slow to adopt technological change, its impact has not yet been as...
Ransomware Attack Still Disrupting IT Systems of New Zealand Hospitals
May 26 2021 // Systems are still down a week after a ransomware attack disrupted the IT network of five hospitals in the New Zealand district of Waikato, and concerns remain that private patient information may have been...
HSB Adds Coverages for Smart Farm Technology, Equipment
May 26 2021 // HSB, part of Munich Re. has launched HSB Precision Ag insurance, a suite of coverages for evolving farm data risks, technology and state-of-the-art equipment. Designed for large commercial enterprises and smaller family...
