Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
XL Catlin Appoints Branch as Chief Executive of Insurtech Team, Accelerate
Nov 28 2016 // XL Catlin announced the appointment of Vincent Branch as Chief Executive for Accelerate, its new expert team focused on innovation and insurtech. Accelerate is led by XL Catlin’s former chief underwriting officer for...
Insurtech Startups Attract Growing List of Traditional Insurer Partners
Nov 28 2016 // Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years. The 46-year-old head of Munich Re’s Digital Partners unit has said the industry is...
Insurtech Startup Trov Launches in UK, Offering On-Demand Coverage
Nov 23 2016 // The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology startups are targeting the next business...
Munich Re Partners with InsurTech Start-Up Wrisk
Nov 22 2016 // Insurtech company Wrisk Ltd., which was founded earlier this year, has entered into an agreement with Munich Re’s Digital Partners business unit. Under the agreement, Munich Re companies become the exclusive carrier...
How Smart Building is Changing Construction
Nov 21 2016 // With “smart” building becoming the gold standard in today’s commercial construction world, builders, building owners, workers and insurers are dealing with new technologies and risks. These smart...
P/C Insurance Execs See Growth Coming from Technology Innovation, New Products
Nov 21 2016 // Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a survey by Guy Carpenter & Co. The survey polled executives from insurance and reinsurance companies,...
How Independent Agents Feel About Growth, Technology and Disruption
Nov 21 2016 // Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about...
How Tech Can Turn the Tide of Flood Insurance
Nov 21 2016 // As residents of coastal Louisiana, New York and New Jersey have discovered, a house with a sea view can carry a serious and soggy downside. In terms of storms and their severity, a building’s location has never...
Fintech Firms Alibaba, Tencent Support China’s New Cyber Law Despite Foreign Opposition
Nov 18 2016 // China’s Alibaba Group Holding Ltd. and Tencent Holdings Ltd. rallied behind Beijing’s recently imposed cyber security law on Thursday, following criticism of it from overseas technology rivals. The...
Safety Advocates Frustrated that Accident-Prevention Technologies Remain Optional
Nov 15 2016 // Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S....
P/C Insurance Execs See Growth Coming from Technology Innovation, New Products
Nov 10 2016 // Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a survey by Guy Carpenter & Co. The annual survey polled executives from insurance and reinsurance...
Recent Cyber Attacks Reveal Dangers, Vulnerabilities of Internet of Things
Nov 8 2016 // Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to the hidden dangers of the Internet of Things. The problem for the device makers,...
3 Ways Auto Insurers Should Adapt to Drivers’ Changing Road Habits
Nov 7 2016 // For a historically slow-moving industry, changes are occurring at a rapid rate in today’s auto insurance world. Drivers’ road habits are shifting and auto insurers should adapt to the changing behavior behind...
China’s Online Insurer ZhongAn Launches Fintech Incubator
Nov 4 2016 // ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co....
How Independent Agents Are Feeling About Growth, Technology and Disruption
Nov 3 2016 // Property/casualty independent insurance agents are more optimistic this year than they were in 2015. Nearly half (49 percent) of agencies responding to an industry survey say they are “very optimistic” about...
So Where’s All That Economic Disruption from Technology?
Nov 3 2016 // A funny thing happened on the path to disruption. This decade, most of Silicon Valley’s big societal claims have turned out to be wrong. These claims arguably began around the time this cycle’s real expansion...
Chubb Expands BOP Coverage to Small Technology Firms
Nov 3 2016 // Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment. Chubb BOP for the...
Former Travelers, PMA Executive Klotz Joins Technology Advisory Firm Novarica
Nov 2 2016 // Novarica, a research and advisory firm focused on insurance technology strategy, announced that Jim Klotz has joined the firm as a vice president of research and consulting. Prior to joining Novarica, Klotz spent 15 years...
Indio, Tech Startup for Commercial Insurance Brokers, Raises $2 Million
Nov 1 2016 // Indio, a commercial insurance platform for brokers that aims to do what Sabre did for travel agents or Schwab did for wealth managers, said it has secured $2 million in seed financing. Venture capital firms NEA, Compound,...
Entrepreneur Shuts Startup After U.S. Questions Safety of Self-Driving Kit
Oct 31 2016 // Self-driving cars are getting closer by the day, but they won’t be coming from hacking phenomenon George Hotz. Hotz, the first person to jailbreak an iPhone and a vagabond of the world’s top tech companies, has...
