Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Bain Capital, Vista Equity Buy Agency Technology Firm Vertafore from TPG
May 2 2016 // Bain Capital Private Equity and Vista Equity Partners have agreed to acquire insurance agency technology firm Vertafore from TPG Capital. The parties did not disclose terms of the transaction. Reuters, citing anonymous...
Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown
May 2 2016 // In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise of robo-advisors, armchair investors have dozens of tools just a few clicks or taps away. Daily trading...
Australian Tech Entrepreneur Confirms He Is Bitcoin Creator: BBC Report
May 2 2016 // Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the name of Satoshi...
Who Moved Your Cheese? The End (for Now) of Market Cycles
May 2 2016 // The good news is that for the foreseeable future, with certain exceptions, you will not have to tell your clients their premiums are increasing 10 percent or more. Property/casualty carriers collectively, not necessarily...
Young Consumers More Trusting of Autonomous Vehicles: J.D. Power
Apr 29 2016 // Trust in automation technology including driverless cars is very much age dependent, as younger consumers have a notably higher level of confidence in the technology than their older counterparts, according to the J.D....
Reuters Special Report: How Google Is Winning Acceptance of Driverless Vehicles
Apr 27 2016 // The Alamo Drafthouse Cinema Plaza in Austin, Texas is a strip mall with a pet-accessories store, a Thai restaurant and a yogurt shop, an unlikely venue to display the high-tech future. But one Saturday morning in March,...
AIG, Hamilton, Two Sigma to Launch Small-Medium Business Insurance Joint Venture
Apr 26 2016 // American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to...
Who Wins, Loses In a Driverless Car Economy?
Apr 26 2016 // The automotive and tech companies pursuing the driverless car share a utopian belief: Autonomous vehicles will benefit society, eventually saving most of the nearly 33,000 people each year killed in road accidents in...
Assurant Names Waghray Chief Technology Officer in Atlanta
Apr 25 2016 // Assurant, Inc. has appointed Ajay Waghray to the role of chief technology officer and to the company’s management committee, effective May 9, 2016. In this newly created role, Waghray will drive technology strategy...
One-Size Doesn’t Fit All in Today’s Evolving Homeowners Market
Apr 20 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...
Death Toll Rises from Japanese Earthquakes; Supply Chain Disruptions Examined
Apr 18 2016 // The death toll from earthquakes that struck southern Japan rose to 42 and the economic impact began to reverberate Monday as companies surveyed damage and the potential effects on production from supply-chain...
RIMS 2016: Star Trek Tools, Workers Comp’s Future Help Draw Biggest Crowd in 13 Years
Apr 15 2016 // Workers’ compensation, geopolitical risks, recalls, disaster response, the captive industry and cyber security were among the topics of sessions held throughout the final day of the annual RIMS conference for risk...
Automakers, Tech Industries Must Plug Cybersecurity Gaps, Says U.S. Official
Apr 14 2016 // Internet-connected and driverless cars could be targets for hackers — potentially including terrorists and hostile nations — so the automotive industry must ensure vehicles have built-in cybersecurity...
Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage
Apr 14 2016 // New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance...
RIMS 2016: Wearable Tech, Automated Vehicles Dominate Insurance Horizon
Apr 12 2016 // Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up and become alert. The...
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings. Zurich Insurance Group AG is accelerating its cost...
Music Stars Join Industry Fight to End Copyright Shield for Technology Firms
Apr 5 2016 // Katy Perry, Billy Joel and Rod Stewart are asking the U.S. government to reform provisions of copyright law that they say enrich large technology companies at their expense. The three are among the more than 100 artists...
Prepare for Disruption in High Net Worth Insurance Segment
Apr 4 2016 // ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of the two insurers is complete, the new company is anticipated to control approximately $6...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
U.S. Promises Rules for Makers of Driverless Cars Within Months
Mar 30 2016 // U.S. regulators are making progress and will begin issuing guidelines to help the introduction of self-driving car technology within the next few months, Transportation Secretary Anthony Foxx said. The rapidly developing...
