Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
MS Amlin Partners With Insurtech Altelium to Offer Cover for Battery Energy Storage
May 24 2022 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced a partnership with insurtech Altelium to offer a construction all-risk and operational all-risk insurance solution for battery energy storage...
Insurance Technology: Zurich’s FieldView Simplifies Crop Reporting; Kinetic Adds ‘Jump Detection’ to Wearables; Beat Capital to Launch MGAs Using OneShield
May 20 2022 // Zurich’s Climate FieldView Expands Precision Crop Information for RCIS Zurich North America crop insurance business – Rural Community Insurance Services (RCIS) – has added Climate FieldView to its list of...
Livestream Tech Firms Learn Hard Lessons from Violent Videos Tied to Mass Killings
May 20 2022 // These days, mass shooters like the one now held in the Buffalo, New York, supermarket attack don’t stop with planning out their brutal attacks. They also create marketing plans while arranging to livestream their...
Global Broking Network Brokerslink Adds First Tech Firms as Members
May 19 2022 // Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the...
Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive
May 11 2022 // Powered by InsuranceJournal.tv As the InsurTech industry approaches the next wave of innovation, experts say this could mean navigating rough waters. “I believe what you’re going to see is that you’re...
AGCO Ransomware Attack Disrupts Tractor Sales During U.S. Planting Season
May 9 2022 // U.S. agricultural equipment maker AGCO Corp. said on Friday a ransomware attack was affecting operations at some of its production facilities, and dealers said tractor sales had been stalled during the crucial planting...
Insurance Technology: InsuredMine Integrates With HawkSoft; Betterview Adds RedZone’s Wildfire Data; CyberCube to Create Cyber Tool for Majesco
May 4 2022 // InsuredMine and HawkSoft Integrate Agency Sales and Management Insurance agency sales automation software firm InsuredMine and agency management technology firm HawkSoft have released two-way API integration between their...
Insurtech Honeycomb to Write Property Policies in Texas
May 4 2022 // The Texas Office of the Commissioner of Insurance has given insurtech startup Honeycomb approval to write policies statewide. The digital insurer has built proprietary technology specifically for the estimated hundreds of...
White House to Boost Support for Quantum Technology While Boosting Cybersecurity
May 4 2022 // The White House on Wednesday will announce a slate of measures to support quantum technology in the United States while laying out steps to boost cybersecurity to defend against the next generation of supercomputers. The...
Insurtech Joyn Adds Business Coverages in Five Western States
May 4 2022 // Insurance technology company Joyn Insurance Services Inc. announced that it will offer coverage in an additional five states for effective dates beginning June 1. The company is adding property, general liability, and...
Insurance Technology: Aon and Paypal, Applied Systems, and iink Address Digital Payments
May 3 2022 // Aon and Paypal Expand Access to Insurance for Small Businesses Insurance broker Aon and digital payment service PayPal Holdings announced a program to help PayPal’s small business customers in the U.S. access...
U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty
May 3 2022 // The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit home. U.S. power...
Tech Giants Could Face Billions in Fines Under EU’s New Content Rules
Apr 25 2022 // The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope early Saturday. The landmark Digital...
Insurtech Funding Levels Come Crashing Down in Q1
Apr 20 2022 // Funding for the insurtech sector plummeted 58% in the first quarter of 2022 compared to fourth-quarter 2021, according to data released Tuesday by CB Insights. The total funding amount of $2.2 billion across 143 deals,...
AM Best Assigns Credit Ratings to Michigan’s Manufacturing Technology Mutual
Apr 19 2022 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Manufacturing Technology Mutual Insurance Company based in Novi, Michigan. The...
The InsurTech Summit 2022 Announces Agenda and Speakers
Apr 18 2022 // San Diego, CA., April 18, 2022 – Today, Carrier Management has announced the agenda and speakers for the InsurTech Summit 2022. This is a virtual, two-day event beginning at 8 a.m. Pacific on Tuesday, May 10 and...
D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits
Apr 18 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported in March, citing the impact of social inflation on rising...
Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M
Apr 13 2022 // Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders...
Update: Climate Change Protesters Disrupt Lloyd’s Headquarters
Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects. The City of London Police said they were aware of protests at...
Insurance Technology: Certificate Hero and TNEDICCA Attract Investors
Apr 5 2022 // Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing Platform Certificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its...
