Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
InsureTech Connect: Insurance Industry Needs to Understand What Business It’s In
Sep 26 2019 // LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive. Chris Colborn, chief experience officer for the Lippincott creative...
Rethinking the Limits of Parametric Insurance
Sep 24 2019 // It’s time to rethink the limits of parametric insurance. The concept behind parametric insurance is not new. Insurance payouts automatically triggered by an event exceeding an index level have existed for decades....
Liberty Company in California Names Caswell Director of Information Technology
Sep 23 2019 // Los Angeles, Calif.-based The Liberty Company Insurance Brokers has named Roy Caswell executive vice president and director of information technology. Caswell started in the insurance industry in 1992 working at American...
Typhoon Tapah Disrupts Hundreds of Domestic Flights in Japan and South Korea
Sep 23 2019 // Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall later Sunday. Airlines operating in Japan called off more...
Commercial Lines Insurtech Bold Penguin Raises $32 Million in Latest Round
Sep 23 2019 // Bold Penguin, a Columbus Ohio commercial insurance technology provider, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 million since it started in...
The Lowdown: Reimagining Research to Recognize Emerging Insurance Industry Trends
Sep 19 2019 // The Society of Insurance Research (SIR) will hold their 49th Annual Conference on October 20th – 22nd at the Sheraton Charlotte Hotel in Charlotte, NC and I am thrilled to be attending. The theme for this year’s...
Agencies Form Venture to Accelerate, Invest in Insurtech Startups for Agents, Brokers
Sep 19 2019 // Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages. The new entity,...
Insurtechs Poised to Challenge Traditional Home Insurers: J.D. Power
Sep 18 2019 // Traditional home insurers appear to be in need of an image change, and that, in turn, could create a big opportunity for insurtech startups, according to the latest J.D. Power U.S. Home Insurance study. Approximately 74...
Iowa’s Global Insurance Accelerator to Host 17 Firms for InsurTech Week 2019
Sep 17 2019 // The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based InsurTech accelerator focused on innovation for the insurance industry, says 17 companies will participate in its fifth annual InsurTech Week, being held...
Parents of Georgia Tech Student Shot by Campus Police Officer Sue School
Sep 16 2019 // The parents of a Georgia Tech student killed by a campus police officer two years ago have filed a wrongful death lawsuit against the school, the university system and the officer. Authorities have said university police...
Insurers Looking to Add Jobs in Low Unemployment, High Tech Environment
Sep 13 2019 // About 62 percent of insurance companies polled said they intend to increase staff in the next 12 months, according to the latest U.S. Insurance Labor Outlook Study conducted by recruitment firm The Jacobson Group and...
On Second Thought, Insurtech Next Insurance Thinks Agents Have a Role After All
Sep 12 2019 // Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed “Next for Agents,” had been in beta testing since April...
Uber Refusing to Label Drivers as Employees Under California Law
Sep 12 2019 // Facing the most serious threat yet to its business model, Uber Technologies Inc. is dusting off a legal argument it has employed with mixed results: that it’s a technology platform, not a transportation company. Now,...
AXA XL Partners with Insurtech Neptune Flood to Expand Private Flood Insurance
Sep 12 2019 // AXA XL is partnering with digital private flood insurance program manager Neptune Flood in a strategic underwriting partnership that will more than double Neptune’s capacity across the country. According to CEO Jim...
Canadian Insurtech Apollo to Offer Educators Liability Coverage in California
Sep 12 2019 // Apollo Insurance Solutions, a Canadian insurance marketplace, has entered the American market with a liability insurance product tailored for educators in California. The product allows consultants, instructors, and...
Typhoon Faxai Makes Landfall in Tokyo Area, Killing 1, Disrupting Travel
Sep 10 2019 // A typhoon blew across the Tokyo metropolitan area Monday morning, killing one person and causing dozens of injuries, while disrupting rush-hour travel and knocking out power. Several railway and subway operators suspended...
Automated Driver Assist Cars Still a Work in Progress
Sep 9 2019 // To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead. But to the Tesla Inc. Model S traveling down a Southern California freeway last...
Prudential to Pay $2.35 Billion for Insurtech Startup Assurance IQ
Sep 6 2019 // Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying...
Former Google Engineer Charged in Uber Autonomous Theft Case
Aug 29 2019 // A former Google engineer was charged Tuesday with stealing self-driving car technology from the company shortly before he joined Uber’s efforts to catch up in the high-stakes race to build robotic vehicles. The...
Millennials Think They’re So Much Better at Multitasking Than Everyone Else. They Are.
Aug 29 2019 // Emails, instant messaging, app notifications, RSS feeds, and a plethora of social networks inundate almost every aspect of daily life from work to home or just keeping in touch socially. Some people average more than four...
