Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Great American, Texas-Based Insurtech Assurely to Offer D&O Insurance
Dec 30 2021 // The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via...
Car Makers Like Some Tech Features More Than Car Buyers Do
Dec 29 2021 // While car buyers say new vehicle technology is a leading reason they choose one vehicle over another, there are some tech features that they would just as soon do without. “New-vehicle prices are at an all-time high,...
Firms Want U.S. to Support EU Proposals to Rein In Big Tech Platforms
Dec 29 2021 // Critics of tech giants like Alphabet’s Google pressed Commerce Secretary Gina Raimondo for a January meeting after she expressed concern about proposed legislation in Europe aimed at reining in the U.S....
Record Snowfall Disrupts Train, Air Travel in Western Japan
Dec 28 2021 // A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall surpassed 70 centimeters (28 inches) in the cities of Hikone and Maizuru, in the...
Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day
Dec 21 2021 // The resilience of America’s critical infrastructure networks has been tested over the last year by a number of serious disasters – both natural and manmade — including winter storms shutting down electrical grids...
New Kid on Block Will Use Tech, Rapid Repair Networks to Survive Florida Market
Dec 21 2021 // When the Florida insurance world heard that a newly formed homeowners’ insurance carrier was stepping into the troubled Florida waters, reactions ranged from cynical to apoplectic. Vyrd President David Howard Few...
UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise
Dec 20 2021 // A commercial insurance brokerage technology company that is up and running in the UK is targeting the U.S. after raising more than $7.9 million in a Series A funding round. Broker Insights, which is based in Scotland,...
Insurance Technology: SiriusPoint Invests in LuckyTruck; Hiscox Offers Real-Time Quotes With RMS Location API; ActZero Security Adds Cyber Coverage From Measured
Dec 15 2021 // Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount. LuckyTruck vows...
Insurtech Coalition Forms Captive Insurer to Enhance Cyber Insurance Capacity
Dec 13 2021 // Managing general insurance agency and cyber security company Coalition has launched a captive insurer to begin taking risk on its cyber insurance programs. The captive, domiciled in Hawaii, will provide capacity in...
People Moves: MJ Insurance Names Pitts as VP of Technology; Arturo Adds Tulsiani as Chief Marketing Officer
Dec 9 2021 // MJ Insurance Names Braden Pitts as Vice President of Technology MJ Insurance, a risk management and employee benefits agency, has hired Braden Pitts as vice president of technology. Pitts joins MJ Insurance with more than...
Hiscox Utilizes RMS Location Technology to Deliver Large-Scale, High-Speed Point of Quote Pricing for Coverholders
Dec 8 2021 // LONDON – 7th December, 2021 – Specialist global insurer is working with RMS, the world’s leading catastrophe risk solutions company, to extend and increase its use of groundbreaking RMS Location Intelligence API...
How Big Tech Is Faring in U.S. Lawsuits and Probes
Dec 8 2021 // Big Tech platforms Meta Platforms Inc, formerly known as Facebook, and Google have been hit with a series of antitrust lawsuits by the U.S. federal government and states on charges they are operating monopolies and abusing...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners
Dec 7 2021 // Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online marine insurance service designed for UK leisure vessel owners in...
Chubb and Chile Insurtech Betterfly Form Partnership for LatAm Offering
Dec 2 2021 // Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies seek to tap into under-served Latin American markets. The partnership will focus...
Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help
Dec 1 2021 // Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president,...
Insurtech Startup Kettle Raises $25M to Expand Wildfire Reinsurance Protection
Nov 24 2021 // Kettle, the San Francisco-based reinsurance startup that uses artificial intelligence to better protect people from the growing wildfire risks of climate change, announced it has been reinsuring homes during the 2021...
IncubEx, Led by Industry Veteran Eckert, Buys UK Insurtech Platform Insurwave
Nov 24 2021 // IncubEx Inc., a Chicago-based company that is chaired by industry veteran Neil Eckert and designs and develops new financial products in global environmental, climate risk and related commodity markets, announced the...
Insurtech Slide Closes $100M Fundraising Round
Nov 22 2021 // Slide, an insurtech company based in Tampa, announced it is closing its oversubscribed, $100 million Series A fundraising round. Slide uses data, artificial intelligence and machine learning to let homeowners create...
Independent Agents Can Access Tech Training, Tools with Catalyit
Nov 22 2021 // Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every...
Swiss Re and China Tech Giant Baidu Partner to Advance Autonomous Driving Industry
Nov 19 2021 // Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re. The partnership between Swiss Re and Baidu aims to further develop the autonomous driving...
