Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
The Technology Gap: Can Agents Keep Up?
May 7 2018 // As predicted in the last Tech Talk column, there is reason to cheer a bit about the findings of the just-released 2018 Insurance Digital Transformation Study. Clear progress has been made as agents work toward mastery of...
What If Tech Companies, Carriers Conspire to Denigrate Consumer Protections and Agency Value?
May 7 2018 // Here’s to ruffling feathers: Indeed, entities do exist in the insurance industry that do not look after their customers adequately. Carriers also exist that scrimp on claims, and some take shortcuts in underwriting,...
Insurtechs Haven’t Yet Made Impression on Public
May 2 2018 // Insurtechs may be trying to transform how carriers, brokers and agents do business, but customers aren’t widely aware of their existence just yet, J.D. Power has determined. J.D. Power, which focused mostly on the...
UN Official: Tech Industry Must Address Cybersecurity, Job Effects from Its Innovations
May 1 2018 // Technology companies have an obligation to address the unintended consequences of advances like artificial intelligence and innovations that enable damaging cyber-attacks, said Atti Riazi, chief information technology...
Texas’ ePayPolicy to Open Applications for Agency Insurtech Award
May 1 2018 // Austin-based electronic insurance payment processing firm, ePayPolicy, on May 2 will begin accepting applications for its ePayPolicy InsurTech Award which aims to recognize the insurance agency that has best leveraged...
Former Student Expelled After Gun Arrest Sues Virginia Tech
Apr 30 2018 // A former student expelled from Virginia Tech after being arrested on a gun charge is suing the school and police officials in federal court. Yunsong Zhao filed a complaint Thursday saying police violated his rights in...
N.Y. Updates Insurance Company Disaster Response, Recovery Plan Requirements
Apr 25 2018 // The New York Department of Financial Services (DFS) has issued updated disaster response and recovery plan requirements for all insurance companies licensed to conduct business in New York state. It issued these updated...
Supreme Court Upholds Patent Review Process Favored by High-Tech
Apr 25 2018 // The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Tokio Marine Kiln Forms Strategic Agreement with Australian Insurtech Firm Evari
Apr 20 2018 // Tokio Marine Kiln (TMK), the specialist and corporate insurance business, announced it has formed a strategic agreement with Australian insurtech firm Evari. The agreement will allow TMK to access Evari’s digital...
Explaining Ant Financial’s $150B Valuation – and Investor Enthusiasm for China Tech
Apr 18 2018 // Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly...
After Amazon Conquers Banking, Insurance Could be Next
Apr 17 2018 // Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger...
Technology Is Outpacing Risk Management: Marsh-RIMS Report
Apr 17 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today...
Toyota Plans to Sell Talking Cars in U.S. Within 3 Years
Apr 17 2018 // Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents...
Wisconsin-Based Accelerator Boosts Startups in Insurance and Beyond
Apr 16 2018 // The insurance industry is not the only focus of the Madison, Wisconsin-based startup accelerator, gener8tor, but insurance is its oldest and largest operational sector. Founded in 2012 by attorneys Troy Vosseller and Joe...
2018 Young Agents Survey: Straight Talk From Young Agents
Apr 16 2018 // 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...
Surplus Lines: Insurtech and Technological Opportunities, Challenges
Apr 16 2018 // Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection...
MetLife Seeks ‘First-Mover’ Tech Advantage by Joining MIT Media Lab
Apr 12 2018 // MetLife has launched a multi-year collaboration with the Massachusetts Institute of Technology (MIT) focused on technologies that it believes will transform the insurance industry. MetLife has joined the MIT Media Lab. The...
VC Firm Eos Venture Partners Plans to Raise $100M for Insurtech Investment Fund
Apr 12 2018 // Eos Venture Partners, the insurance technology-focused venture capital firm, announced plans to raise a $100 million debut fund, EVP I. The fund will be one of the first global, independent insurtech investment funds...
