Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Transforming Cyber and Tech E&O Insurance with Our RQB Platform
Oct 11 2024 // This post is part of a series sponsored by Selectsys. The demand for Cyber and Technology Errors & Omissions (Tech E&O) insurance is rapidly growing as businesses face an increasing array of digital threats and...
Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt
Oct 10 2024 // WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption. “The current state of affairs might only be one major hurricane away...
Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report
Oct 7 2024 // Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions...
NC Town That Produces Quartz for Tech Products is Devastated by Helene
Oct 4 2024 // SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening...
Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform
Oct 4 2024 // This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...
Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK
Sep 26 2024 // Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is...
Crimes Against Customers: Part 3 – Technology Crimes
Sep 26 2024 // This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to...
FBI Disrupts Vast Chinese Hacking Operation That Infected Consumer Devices
Sep 23 2024 // The FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations, Director Chris Wray said last week. The hacking campaign...
People Moves: Aspire in California Names Rea Chief Technology Officer
Sep 17 2024 // Sam Rea Aspire General Insurance hired Sam Rea as its chief technology officer. Rea has more than 20 years of experience leading IT organizations in the insurance industry. Before joining Aspire, Rea was CTO for the Peak6...
Factories in Vietnam’s Export Hubs May Face Weeks of Disruption After Typhoon Yagi
Sep 11 2024 // Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation,...
Getting the Green Light: Are High-Tech Upgrades Coming Soon to Roads?
Sep 10 2024 // The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus. Transportation officials have spent the past few years refining a system in which radio transmitters...
Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding
Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...
Catalyit, Big I Partner on Tech-Adoption Support for Independent Agents
Sep 10 2024 // Catalyit, an insurance technology hub for independent insurance agents, is partnering with the Independent Insurance Agents & Brokers of America, Inc. (the Big “I”) to support independent insurance agents...
Drought Shrivels the Mississippi River and Threatens to Disrupt US Food Exports
Sep 6 2024 // Drought across the central US is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline. Dry conditions across the Ohio River basin, which feeds...
Harnessing AI OCR Technology for Efficient Data Extraction
Sep 5 2024 // This post is part of a series sponsored by Selectsys. In today’s digital age, data is the lifeblood of the insurance industry. Accurate and efficient data extraction is crucial for streamlining operations, reducing...
US Appeals Court Takes Aim at Big Tech Liability Shield
Aug 29 2024 // A US appeals court has struck down a long-standing argument from social media platforms: that a federal law grants them blanket immunity from being held accountable for user harms – even the wrongful death of...
Insurtech Root, Goosehead Partner on Tech Integration for Independent Agents
Aug 27 2024 // Root, Inc., parent company of Root Insurance Company, has partnered with personal lines insurance agency Goosehead Insurance, Inc. on a technology integration partnership they said will speed up Goosehead agents’...
How Can You Create a World-Class Producer Experience? It Starts with Tech, Transparency, and Trust
Aug 27 2024 // This post is part of a series sponsored by AgentSync. If insurance producers are the lifeblood of your business, you need to compete on producer experience, and win. One could argue the entire insurance industry is a web...
People Moves: Miraglia and Rusas Join Alliant M&A from WTW; Embroker’s Maletsky Joins Hiscox’s Tech E&O
Aug 23 2024 // Peter Miraglia Alliant Insurance Services, headquartered in Irvine, California, hired Peter Miraglia as executive vice president, Alliant Specialty, within the company’s mergers & acquisitions vertical. Miraglia...
Insurance Technology: Aon Tool Analyzes and Quantifies Potential D&O Losses
Aug 22 2024 // Corporate risk managers looking to gauge the likelihood that their directors and officers will be sued and how much that might cost have a new digital tool to help them. Global insurance broker Aon has launched its...
