Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Insurance Technology Is a Driver for Change
Oct 16 2023 // The insurance industry is truly a nexus for innovation. Particularly through the use of technology, it is inspiring to dive into the many ways insurance professionals across the country and the world create real-time...
Tech Update: Xceedance Offers Cat Modeling Services to Reinsurers During Renewals
Oct 13 2023 // Xceedance, a global provider of strategic operations support, technology, and data services to insurance organizations, announced the launch of burst capacity catastrophe modeling resources to support reinsurers during...
Tech Update: Re/Insurance Communications Platform ‘fuse’ Launches
Oct 6 2023 // A communications platform called “fuse” has been launched for the global commercial insurance and reinsurance industry. Fuse promises retail, wholesale and reinsurance brokers, insureds, insurers and reinsurers...
Microsoft CEO Says Tech Giants Battling for Content to Build AI
Oct 3 2023 // Microsoft chief executive Satya Nadella said Monday tech giants were competing for vast troves of content needed to train artificial intelligence, and complained Google was locking up content with expensive and exclusive...
A&E Risks: Quality Control Must Advance with Technology
Oct 2 2023 // Technology has revolutionized the architecture and engineering (A&E) design space over the past 40 to 50 years, allowing for improved efficiency and faster architectural design and output. However, these technological...
Looming Government Shutdown Would Halt NFIP Flood Policies, Disrupting Home Sales
Sep 28 2023 // A U.S. government shutdown, perhaps as soon as Saturday night, will force the National Flood Insurance Program to suspend issuing of new policies, potentially causing a major disruption for home buyers. The National Home...
Ariel Re Relaunches Clean Energy Division, Focusing on Tech Performance Insurance
Sep 27 2023 // Ariel Re, the Bermuda-based re/insurer, has relaunched its Clean Energy division as “Ariel Green,” in recognition of the increasingly crucial role of technology performance insurance in accelerating innovation...
Insurtech MGA Loadsure Partners With WeatherOptics to Boost Cargo Risk Calculations
Sep 27 2023 // Loadsure, the London-based insurtech and managing general agent, has partnered with WeatherOptics, a leading weather intelligence platform, with the aim of bringing weather intelligence into its risk calculations. Loadsure...
Tech Startups in US, France, Germany Help in Fight Against Wildfires
Sep 25 2023 // This year has been a challenging one for Phil Schneider, who hasn’t seen wildfire behavior like this in his 47-year firefighting career. Blazes raged through more than 2,000 acres of wildland in recent months in his...
Maritime Industry Eyes Nuclear Power for Ships as Tech Advances; Insurers Are Wary
Sep 21 2023 // The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open up such options, industry officials said. Nevertheless, any possible nuclear fuel solutions...
Tech Update: Conduit Re Uses hyperexponential’s Pricing Decision Intelligence Platform
Sep 21 2023 // Conduit Re, the Bermuda-based global reinsurer, is achieving end-to-end underwriting with pricing decision intelligence (PDI) company hyperexponential. Using the PDI platform, hx Renew, Conduit Re is now able to rapidly...
Origami Risk Acquires Illinois’ Dais Technology
Sep 18 2023 // Origami Risk announced it has acquired Chicago, Illinois-based Dais Technology, a provider of no-code insurance technology. The acquisition increases Dais’ market reach and client support capabilities and expands...
People Moves: Embroker Appoints Linetsky as Chief Technology Officer; Colonial Surety Names Grzelak CFO
Sep 15 2023 // Embroker Appoints Linetsky as New Chief Technology Officer Embroker, headquartered in San Francisco, Calif., appointed Gene Linetsky its new chief technology officer (CTO). Linetsky has more than 30 years of experience....
After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week
Sep 8 2023 // A profitability problem that would have otherwise taken insurtech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. Speaking at the Keefe,...
People Moves: Hunter Leads New Axis Inland Marine Unit; Patel Joins Socotra as Chief Product and Technology Officer
Aug 25 2023 // Axis Launches North American Inland Marine Unit Led by Hunter Kristen Hunter joined AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, as head of newly launched inland marine, North America. Previously,...
Big Tech Braces for Roll-Out of EU’s Digital Services Act
Aug 24 2023 // More than a dozen of the world’s biggest tech companies face unprecedented legal scrutiny, as the European Union’s sweeping Digital Services Act (DSA) imposes new rules on content moderation, user privacy and...
Tech Firm Behind Kentucky School Bus Route Snafu Had Problems in Ohio
Aug 17 2023 // LOUISVILLE, Ky. (AP) — The company behind a disastrous change to a Kentucky city`s school bus routes that resulted in more than a week of canceled classes had similar problems in two cities in neighboring Ohio last...
The National Alliance Launches CISR High School Program at Central Tech Campuses
Aug 15 2023 // Tulsa, Oklahoma, August 14, 2023 – The National Alliance for Insurance Education & Research announces that Central Technology Center has successfully completed the first year of the Certified Insurance Service...
Detroit Police Chief Implements New Policies on Facial-Recognition Technology Following Arrest of Pregnant Woman
Aug 11 2023 // DETROIT (AP) – The Detroit police chief said he`s setting new policies on the use of facial-recognition technology after a woman who was eight months pregnant said she was wrongly charged with robbery and carjacking in a...
Takeaways from Our Conversation on Insurtechs in Cannabis
Aug 11 2023 // Powered by InsuranceJournal.tv You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for...
