Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Serving Up The Right Coverage
Mar 18 2019 // It’s a good time to be in the restaurant industry. Restaurant sales in 2018 were projected to reach $825 billion — a 3.1 percent increase over 2017, according to the National Restaurant Association (NRA)....
Emerging Economies to Take Larger Stake in Global Growth in 10 Years
Mar 18 2019 // Emerging markets will remain the growth engine of the global economy and insurance industry during the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss Re Institute’s...
Most Americans Continue to Be Very Afraid of Self-Driving Cars: AAA Survey
Mar 15 2019 // Seven in 10 Americans don’t want to go anywhere near self-driving cars. The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association’s latest survey—is virtually...
Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit
Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides...
Development of Fully Autonomous Vehicles as Complex as Manned Mission to Mars: VW
Mar 11 2019 // Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen’s head of commercial...
Technology Helping Adjusters More Quickly Identify Legitimate Claims
Mar 8 2019 // The physician couldn’t tell what was causing the smudge on a CT scan of his wife’s lungs, so he referred her to a pulmonologist. That would likely have meant a two-week delay. Instead of waiting, Corey...
Emerging Markets to Drive Global Insurance Growth over Next Decade: Swiss Re’s Sigma
Mar 8 2019 // Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss Re Institute’s...
Daimler, BMW Partner to Develop Industry Standards for Autonomous Driving Technology
Mar 8 2019 // Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation for self-driving cars, senior executives said on Wednesday [March...
Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations
Mar 7 2019 // Aon plc has partnered with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection
Mar 6 2019 // Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims...
Companies Still Learning About Fire Risks Around Robots
Mar 6 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...
Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations
Mar 5 2019 // Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
Aon Partners with Claim Central; Opens New Claims Center in Florida
Mar 4 2019 // Aon plc has established a strategic alliance with global insurtech firm Claim Central to digitize and streamline claim management capabilities and improve the customer experience through technology and services developed...
UK Online Grocer Ocado Learns Lessons About Robotic Warehouses After Massive Fire
Mar 4 2019 // The Andover fire brigade was alerted at 2.34 a.m. About 2 miles across town, a fire had broken out in the early hours of Feb. 5 at a state-of-the-art Ocado Group Plc warehouse. Within minutes, firefighters were tackling a...
Mayor Establishes D.C. Financial Services Regulatory Sandbox, Innovation Council
Mar 4 2019 // District of Columbia Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council. The council is charged with studying and reporting on the feasibility of...
UK Financial Markets at Risk of Disruption with Hard Brexit: Regulator
Feb 28 2019 // Financial markets are still at risk of disruption if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on Wednesday. FCA Chief Executive Andrew Bailey told a House of Lords committee that despite...
Making Working with Robots Safe for Humans
Feb 28 2019 // Veo Robotics Inc., a startup developing sensor technology that lets industrial robots work safely side-by-side with humans, closed a funding round as it prepares to roll out the product in May. The company raised $15...
What Young Insurance Agents Earn, Think and Say
Feb 27 2019 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
CFC Appoints Fletcher from Hiscox as Chief Technology Officer
Feb 27 2019 // CFC, the London-based managing general agent that specializes in emerging risks, announced the appointment of Jonathan Fletcher as chief technology officer. Fletcher, formerly group CTO at Hiscox, will oversee CFC’s...
