Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Swedish Tech Start-up Haidrun Launches Blockchain Platform Targeted at Re/Insurers
May 25 2021 // Swedish tech start-up Haidrun has launched an enterprise blockchain platform targeted at insurers and reinsurers. Haidrun’s private blockchain platform eliminates suspicious and duplicate transactions by securely and...
Insurance Technology: Vertafore Unleashes Analytics for Agencies; MGA Mile Auto Raises $10.3M, Partners With Ford
May 25 2021 // Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies. The new offering, MarketTrends, helps agencies identify coverage...
Tesla Memo Says Fully Driverless Technology May Not Be Ready for Prime Time This Year
May 10 2021 // Tesla Inc. told a California regulator that it may not achieve full self-driving technology by the end of this year, a memo by the California Department of Motor Vehicles (DMV) showed. Tesla CEO Elon Musk said during an...
People Moves: Hippo in California Adds Numerous Technology Leaders
May 7 2021 // Hippo in Palo Alto, Calif. has added new leadership to its technology team led by Chief Technology Officer Ran Harpaz. The newly appointed technology leaders will be responsible for expanding and enhancing the delivery of...
China Insurtech Waterdrop Raises $360M in New York IPO: Reuters
May 7 2021 // Chinese online insurance technology firm Waterdrop Inc. has raised $360 million by pricing its shares at $12 a piece in its New York initial public offering (IPO), according to two sources with direct knowledge of the...
Insurance, Tech Stocks Outpacing Insurtechs in 2021: HSCM Index
May 4 2021 // Stock prices of 18 U.S. insurtechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both outperformed the...
Chinese Insurtech Waterdrop Seeks $360M in New York IPO
May 3 2021 // HONG KONG — Chinese online insurance technology firm Waterdrop Inc. aims to raise up to $360 million in an initial public offering on the New York Stock Exchange, company filings show. Waterdrop, which is backed by...
Milwaukee Area Water Technology Facility Faces $234K in OSHA Penalties
Apr 30 2021 // Federal workplace safety officials have cited a water technology company after an employee was injured when a guardrail loosened and he fell and struck his head on a support beam as he lowered himself into a nearly 30-foot...
P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1
Apr 28 2021 // Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021. The number of mega-rounds reached eight, more than any other three-month period, according to the...
People Moves: Topa in California Names Torio Director of Tech, Resilience Names Reed EVP
Apr 28 2021 // Topa Insurance Co. has named Paul Torio director of technology. Torio is responsible for developing and delivering solutions across Topa’s technology infrastructure in support of business goals. He has worked at Topa...
How Tech Firms From Amazon to YouTube Ban Users for Off-Site Behavior
Apr 27 2021 // Earlier this month, Twitch announced it would start banning users for behavior away from its site. The move by Amazon Inc.’s live-streaming platform involved hiring a law firm to conduct investigations into...
Tech Firm Luminar, Planemaker Airbus Partner to Test Autonomous Flights
Apr 26 2021 // Luminar Technologies Inc. said on Monday it would partner with Airbus SE to test technologies which could increase aircraft safety and ultimately enable an autonomous flight with obstacle detection. The two companies will...
London’s NuVenture to Support MGAs with Funding,Technology
Apr 26 2021 // A new London-based business is promising to support a diverse portfolio of managing general agencies (MGAs) with resources, as well as back office services and custom technology. NuVenture International Ltd., formed by...
Insurance Technology: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx
Apr 22 2021 // Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin is making it easier for agents and small business customers to...
Businesses Turned to Risk Management Technology More During Pandemic
Apr 21 2021 // Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found...
Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology
Apr 21 2021 // LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies...
Tech Provider FintechOS Raises US$60M to Fuel Global Expansion
Apr 21 2021 // FintechOS the London-based technology provider for insurers, banks and other financial services companies, announced it has raised US$60 million (€51 million) in Series B funding. The round was led by venture capital...
People Moves: INSUREtrust Hires Ye, Yarbrough; Engle Martin Picks Stewart as COO; Oakbridge Adds Mahler as VP of Technology
Apr 19 2021 // INSUREtrust Hires Le, Yarbrough Beveryly Le Atlanta-based INSUREtrust has hired Beveryly Le as an account manager. She will be responsible for developing and maintaining relationships with clients. Kyle...
Tech Firms Under More Scrutiny, Unhappy with D&O Insurance
Apr 19 2021 // With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021. Insurance broker Marsh...
Lloyd’s Lab Picks 11 Insurtech Start-ups, Focused on Product Simplification, Climate
Apr 15 2021 // Lloyd’s announced the next 11 insurtech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program. These insurtechs will be focused on creating simpler products for...
