Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Markets/Coverages: Corvus Expands Tech E&O; K2 OCONUS Workers Comp for Government Contractors; Xceedance’s MGA Agility Suite
Feb 8 2024 // Corvus Insurance introduced a newly expanded Tech E&O product with an enhanced appetite backed by Travelers. Smart Tech E+O from Corvus provides creative risk solutions for technology businesses across the spectrum of...
EU Agrees to Path to Compete in Clean Tech Production
Feb 7 2024 // European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and...
Farmer Protests Disrupt Belgian Supermarkets’ Supply Chain
Feb 1 2024 // Protesting farmers have blocked the distribution centers of Colruyt, one of Belgium’s biggest supermarket chains, a spokesperson confirmed, while local media reported that distribution centers of discount supermarket...
Aviation Sector Sees No Quick Tech Solution to GPS ‘Spoofing’ Interference Problem
Jan 30 2024 // Global regulators, aviation security specialists and manufacturers failed to reach an agreement on a quick technical fix to the problem of GPS spoofing near war zones at a meeting on Thursday [Jan. 25], instead calling for...
Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses
Jan 30 2024 // BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution in collaboration with AXA, aimed at providing crucial support to small...
Insurtech Resilience Expands Cyber Risk Management to Clients of $10B in Revenue
Jan 30 2024 // San Francisco, California-based Resilience expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The company reported that its expanded authorities come after a...
Startup AiDash Raises $50M for Tech Using AI, Satellites to Spot Wildfire Risk
Jan 26 2024 // A California startup using artificial intelligence (AI) and satellites to spot fire and weather risks on power lines, AiDash, reported it had raised $50 million in new funding, reflecting Silicon Valley efforts to create...
People Moves: Aventum Promotes Eldridge to MD; Aon Names Dando as EMEA Head of Strategy, Technology Group; Chubb Taps WTW’s Källs as Country Mgr, Sweden/Finland
Jan 25 2024 // This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the...
How BPOs Can Use Technology to Scale Their Insurance Compliance (and Spend Less!)
Jan 25 2024 // This post is part of a series sponsored by AgentSync. There are as many ways to “do business” as there are businesses. That is to say, no two organizations are the same. However, broadly speaking, some...
What Does Red Sea Disruption Mean for Europe’s Economy?
Jan 23 2024 // Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe, carrying around 15% of global sea trade. For the...
AgentSync Hires Fabio Salim as President and Chief Operating Officer and Michael McCormick as Senior Vice President of Technology
Jan 17 2024 // Seasoned executives with SaaS and Insurance experience join leadership team DENVER, CO., Jan. 16, 2024 –– AgentSync today announced the hiring of Fabio Salim as President and Chief Operating Officer and Michael...
Insurtech Foxquilt Announces Capacity Partnership With Markel
Jan 17 2024 // Foxquilt, a digital managing general agent specializing in embedded small business insurance technology, announced a strategic and long-term capacity relationship with global specialty insurance provider, Markel. Foxquilt...
Riskonnect Acquires Ventiv Technology in Risk Management Deal
Jan 12 2024 // Riskonnect, a provider integrated risk management (IRM) solutions, said Thursday is acquired Ventiv Technology, a provider of risk, insurance and underwriting technology solutions. “The acquisition adds substantial...
At the Intersection of Tech and Insurance: Exploring MGA Funding Then and Now
Jan 11 2024 // This post is part of a series sponsored by AgentSync. Just a few years ago, Managing General Agencies (MGAs) were an attractive investment option in the insurtech space. But market turmoil and emerging industry challenges...
Flooding at Boston Hospital Disrupts IVF Services for 200 Patients
Jan 5 2024 // Flooding from a burst water main at Boston`s Brigham and Women’s Hospital has disrupted services for about 200 patients seeking to have children through in vitro fertilization, leaving some of them devastated. The...
Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership
Dec 13 2023 // Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing...
Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI
Dec 12 2023 // Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry. The collaboration combines Hiscox London...
Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility
Dec 8 2023 // Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions line slips for primary business. The product is led by Canopius and IQUW...
4 Other Tech Tools AgentSync Customers Love and Why
Dec 4 2023 // This post is part of a series sponsored by AgentSync. AgentSync customers know the speed, efficiency, and cost-savings a modern producer licensing and compliance solution brings to their workflows. They also know a thing...
Tech Firm Settles Over Failure to Accommodate Deaf Job Candidate
Dec 4 2023 // A San Diego-based technology firm for the hospitality industry has avoided a trial over charges it discriminated against a qualified deaf applicant from Massachusetts for a remote IT job. U.S. District Judge Richard G....
