Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
OneBeacon Launches Cyber Liability Product for Information Technology Risks
Dec 15 2015 // OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular technology professional liability product – Information Technology Solutions-Complete – to address technology...
Chinese Online Insurer ZhongAn Leads Financial Technology Innovation
Dec 15 2015 // Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and interest in the sector...
U.S. Looks to Revamp Auto Safety Ratings, Add High-Tech Crash Dummies
Dec 9 2015 // U.S. regulators proposed a remake of the five-star crash-test ratings system for automobiles to take into account new technology — and new test dummies. The National Highway Traffic Safety Administration’s...
United Fire Group Appoints Frese as Chief Technology Officer
Dec 8 2015 // Cedar Rapids, Iowa-based property/casualty insurer, United Fire Group Inc. (UFG), has appointed Brian Frese as chief technology officer. He brings more than 17 years of experience to UFG, including operational leadership...
Entrepreneurs Raise $13 Million to ‘Reinvent’ U.S. P/C Insurance with Peer-to-Peer Insurer
Dec 8 2015 // The U.S. property/casualty insurance industry is about to be tested directly by the sharing economy. Two tech entrepreneurs have raised $13 million in initial funding to launch a peer-to-peer online property/casualty...
New Credit Card Chips Shift Liability to Retailers
Dec 7 2015 // On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that...
P/C Insurers Told ‘Fresh Approach’ Needed to Face Coming Disruption
Dec 7 2015 // U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and “heightened regulatory creep,” consultant Ernst & Young...
XL Catlin Launches Online Data Breach Resource Portal
Nov 30 2015 // XL Catlin’s Cyber & Technology insurance business has launched a new online resource – CyberRiskIQ.com, to provide clients with support for cybersecurity readiness and incident response...
App to Alert Drivers About Emergency Vehicles Being Tested in Michigan
Nov 30 2015 // Cory Hohs’ idea was inspired by a close call with a Chicago fire truck on his motorcycle, but his new app, which warns drivers to the presence of emergency vehicle traffic, is being tested first in Grand Rapids,...
Federal Transportation Officials Want Self-Driving Cars Sooner
Nov 25 2015 // Federal transportation officials are rethinking their position on self-driving cars with an eye toward getting the emerging technology into the public’s hands, according to a spokeswoman for the U.S. Department of...
Technology to Improve Truckers Safety Tested in Utah
Nov 23 2015 // Utah is test-driving new technology that could improve safety and fuel efficiency for big-rig truckers. The Utah Department of Transportation started conducting field tests last week of a vehicle-to-vehicle communication...
Insurance Industry Not Alone in Missing the Mark with Millennials
Nov 19 2015 // Could it be that the property/casualty insurance industry has company in not feeling the love of millennials? Yes, it could. The Hartford has released new research that shows key industries driving the U.S. economy,...
California DMV’s Pedestrian Pace on Self-Driving Car Rules Makes Google Antsy
Nov 17 2015 // Hustling to bring cars that drive themselves to a road near you, Google finds itself somewhere that has frustrated many before: Waiting on the California Department of Motor Vehicles. The tech titan wants the freedom to...
How New Chip Cards Raise the Risk for Merchants
Nov 16 2015 // On Oct. 1, 2015, many of your clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment...
A Conversation on Innovation and the Industry’s Future with ACORD’s Hartnett
Nov 9 2015 // There are not many insurance executives who will quote inventor Thomas Edison, Microsoft’s Steve Baumer, futurist Alvin Toffler, Moore’s Law and philosophers Aristotle and Plato. There are also not many people...
5 Recent Reports on Businesses and Cyber Security, Liability and Insurance
Nov 6 2015 // Cyber security is clearly on the minds of business executives, most of whom acknowledge their firms have been victimized by some sort of cyber attack. What are they thinking about cyber security, cyber liability and cyber...
ACORD Names 2 Insurance Innovation Challenge Winners: Livegenic, Insurity
Nov 5 2015 // A technology that gives claimants more control of the claims process and another that makes data conversion easier for insurers have been named winners of the 2015 ACORD Insurance Innovation Challenge. ACORD, the insurance...
Technology Enables Insurers to Verify Garaging Location, Mileage and More
Nov 5 2015 // Auto insurance companies now have a tool that lets them verify the garaging address of a vehicle, confirm the driver’s commuting mileage and obtain loss costs and premium differentials for the vehicle, all before...
China Asked to Revise Draft Cyber Security Rules Affecting Insurance Industry
Nov 5 2015 // Foreign business lobbies have asked China to substantially revise proposed cyber security regulations for the insurance industry, signaling a dispute that started with the publication of similar bank technology rules...
AAA: Using Hands-Free Technology While Driving Is ‘Surprisingly’ Risky
Nov 2 2015 // Mental distractions can persist for as long as 27 seconds after dialing, changing music or sending a text using voice commands, according to new research on distracted driving. Drivers using phones and vehicle information...
