Latest Tech Headlines

All the headlines from our Tech Topic Page, ordered by recency.

The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios

Oct 19 2018 // Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims activity. The opportunities for business from new technologies such as...

15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters

Oct 18 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some...

Google Invests in Insurance Agency Software Firm Applied Systems

Oct 17 2018 // Giant Google’s investment arm has purchased a minority stake in Applied Systems, a provider of insurance technology and cloud-based software for independent agencies. The investment in Applied Systems is being made...

Softbank Plans Big Push into Insurance Investments

Oct 16 2018 // Softbank’s Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a Vision Fund executive...

Insurtech Partnerships: What Insurers Want and Get

Oct 15 2018 // Remember the scene in the 1989 movie When Harry Met Sally? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she’d like to order, signals in Sally’s...

Insurtech: A Role Model of Innovative Talent Success

Oct 15 2018 // Several years ago, technology announced its intent to rock the insurance industry. Some dismissed the challenge and saw the rise of insurtech as a minor disrupter. But times have changed. Funding is pouring in for major...

Insurtech Pilots and Pivots: Learning by Doing and Undoing

Oct 15 2018 // “If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant about what you are doing.” –Mark Cuban Insurtechs are great for...

Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians

Oct 15 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date. Jumpstart Insurance...

Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion

Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy. Based on the edge of Berlin’s trendy...

Single Pilot Operations for Air Cargo a Test for Autonomous Flying

Oct 11 2018 // Aerospace and innovation have gone hand-in-hand since the days of Orville and Wilbur Wright. Airplanes were once simple metal tubes powered by propellers. Long-haul flying meant four engines and at least three pilots on...

Efficiency, Insurtech, Auto Uncertainty Drive Insurance M&A Activity, Says S&P

Oct 10 2018 // After one of the most active years for mergers and acquisitions in property/casualty and life insurance, market conditions point to a continued push for deals, according to analysis by S&P Global Market...

American Economists’ Work on Climate Change, Benefits of Technology Earn Nobel Prize

Oct 9 2018 // Americans William Nordhaus and Paul Romer, pioneers in adapting the western economic growth model to focus on environmental issues and sharing the benefits of technology, won the 2018 Nobel Economics Prize on Monday. In a...

It’s Not Easy to Teach Robot Drivers to Think Like Humans

Oct 9 2018 // Robot cars make for annoying drivers. Relative to human motorists, the driverless vehicles now undergoing testing on public roads are overly cautious, maddeningly slow, and prone to abrupt halts or bizarre paralysis caused...

Insurance Industry in Best Position to Advance Consumer Trust in Automated Driving

Oct 9 2018 // While the race to automated vehicles picks up speed, a new survey reveals consumer are skeptical of the technology and the safety claims of its advocates, a new survey finds. Also, the insurance industry may be in the best...

Get Ready for the Insurtech Revolution, Act 2

Oct 8 2018 // The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and more efficient to buy and...

Lending Tree to Buy Online Insurance Service QuoteWizard for $370M

Oct 5 2018 // Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, QuoteWizard has helped nearly...

UK Venture Capital Fund Eos Makes First Two Insurtech Investments

Oct 3 2018 // Eos Venture Partners’ strategic insurtech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to Concirrus, a marine...

Insurtech Jumpstart Rolls out Parametric Earthquake Product for Californians

Oct 2 2018 // A firm that wants to make a name for itself as the first parametric insurtech in the U.S. for earthquakes has officially launched in California, over a year after its anticipated original launch date. Jumpstart Insurance...

Insurtech Kin Insurance Expands Homeowners Offering into Georgia

Oct 2 2018 // Kin Insurance, an insurtech startup offering insurance for homeowners, has expanded into Georgia. Kin uses big data analysis to help simplify the process of obtaining homeowners insurance. Kin aggregates data from public...

15 Most Popular Insurtech Stories

Oct 1 2018 // News about insurtechs happens almost every day. This week, innovation and insurtech will be on the minds of many as an estimated 6,000 insurance professionals and entrepreneurs meet in Las Vegas for the InsureTech Connect...