Latest Tech Headlines

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

Hollywood Stars Join Supporting Cast for Insurtech

Jun 15 2018 // The company isn’t a well-known name in Silicon Valley, but its investors certainly are. San Francisco-based Ethos Technologies Inc. was founded last year, the product of two Stanford MBAs. The company’s core...

A Quick (No Really, Super Quick) Insuretech Primer

Jun 13 2018 // I wonder if anyone has ever done this. You’re involved in a conversation with a group of peers or boss people (or other people that you’re trying to impress) and they start talking about a topic that you...

Lloyd’s Lab Begins Global Search for Insurtech Talent

Jun 13 2018 // Lloyd’s Lab, the global insurance market’s new innovation sandbox, is launching a global search for tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing...

Insurers’ Big Data Plans Could Fail if They Don’t Get Basics Right: Mair of Atticus DQPro

Jun 13 2018 // Executive summary: Many major insurers still rely on manual or semi-automated data quality checks, which are time consuming, costly and have a high margin for error. As a result, before they pursue advanced data projects...

Cyber Business Interruption Remains Area of Uncertainty for Insurance

Jun 12 2018 // Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what about the newly growing area of non-physical threats? Panelists at the 2018 PLUS Cyber Symposium,...

FBI, International Law Enforcement Disrupt Business Cyber Fraud Schemes

Jun 12 2018 // Federal law enforcement officials announced a significant coordinated effort to disrupt Business Email Compromise (BEC) schemes used to intercept and hijack wire transfers from businesses and individuals, including senior...

Zurich Insurance Buys Minority Stake in InsurTech Startup CoverWallet

Jun 11 2018 // Zurich Insurance Group has acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in 2016, said the investment builds on commercial partnership between the two...

Why the ‘New Normal’ of 24/7 Technology Dependence Is Not Normal or Healthy

Jun 8 2018 // Want to book plane tickets? Order a pizza for dinner? Check available university courses? Write a note to Aunt Sally? Chances are you’re going to need a smartphone (or laptop or desktop or smartwatch or Amazon Echo...

Profile: Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’

Jun 7 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans. From its current premium base of $1.2 billion, Victor has...

J.D. Power: Why Lemonade’s Policy 2.0 Matters

Jun 5 2018 // Recently, well-known insurtech start-up, Lemonade, announced the launch of a new product initiative called Policy 2.0. According to Lemonade, the project is meant to simplify the language within a standard insurance policy...

Insurtech Investments Hit New High in Q1: Willis Towers Watson

Jun 4 2018 // Insurtech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis Towers Watson...

Distribution Overpowers Underwriting. How CNA Ex-CEO Chookaszian Views Industry’s Past, Present and Future

Jun 1 2018 // The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise:...

How Safe Must Driverless Vehicles Be to Be Accepted? Very Safe.

May 31 2018 // The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these...

Rampant Brazil Cargo Theft Disrupts Retail, Drives Up Insurance Rates

May 31 2018 // In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors. During his 34 years in Sao Paulo...

How to Succeed in Today’s Small Business Insurance Market

May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...

OneBeacon Creates Modular Medical Technology Product for Life Sciences Risks

May 30 2018 // OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular medical technology product/ professional liability policy – Medical Technology Solutions – tailored to address life...

GDPR Day 1: Privacy Activist Files Complaints Against Tech Giants Over ‘Forced Consent’

May 25 2018 // As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them. Austrian Max Schrems filed...

Insurtech Next Insurance Ditching Agency Model to Become a Carrier

May 24 2018 // Next Insurance, which debuted in 2016 as a digital insurance agency for small to medium-size businesses, is repositioning itself by becoming a licensed insurance carrier. The company says it has received its first license...

Cybersecurity Professional Deploys Insurtech to Simplify Small Business Cyber Market

May 23 2018 // A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve...

FinTechVisor Seeks to Connect Fintechs, Insurtechs with Traditional Firms

May 22 2018 // Consultant Capgemini and the not-for-profit Efma have launched a platform designed to bring fintechs and insurtechs together with traditional banks and insurers around innovation. The portal, named FinTechVisor, will have...