Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Transportation Chief, Car Makers Say FCC’s Wi-Fi Ruling Undermines Auto Safety
Nov 19 2020 // The U.S. communications regulator on Wednesday approved a plan to allow a growing number of wireless devices to use part of a spectrum previously set aside for automakers to develop methods for vehicles to communicate with...
The Insuring Cyber Podcast Episode 2: Forget the Stars, Insurers are Shooting for the Cloud
Nov 18 2020 // Powered by InsuranceJournal.tv Recent research shows that more insurers are taking advantage of Cloud technology for data storage and managing business functions. According to a 2018 report from Novarica called Cloud...
Alera Group Names Parker as VP of Employee Benefits Technology & Services
Nov 16 2020 // Alera Group, a Deerfield, Ill.-based insurance and financial services firm, has named Brian Parker as vice president of Employee Benefits Technology & Services, effective November 1, 2020. He will be based out of...
How Independent Agencies Can Set Themselves Apart
Nov 16 2020 // For independent agents, building a community-based brand has always been a smart way to set themselves apart from their exclusive counterparts. Now, as the next wave of COVID-19 hits the U.S. economy, it’s more...
Home, Pet Insurer Lemonade Bypasses Auto in Favor of Life… for Now
Nov 13 2020 // Lemonade plans to start selling term life insurance in the next 90 days, adding to its current rental, homeowners and pet insurance offerings, the company said in an earnings report this week. During an investor conference...
Insurance Tech Firm Insurity Acquires Personal Lines Management Suite CodeObjects
Nov 12 2020 // Insurance systems and data analytics provider Insurity reported that it has completed the acquisition of California-based CodeObjects, which offers a management program for personal lines. The deal expands Hartford-based...
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team
Nov 5 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three...
Analysts, Investors React to China’s Suspension of Ant Group’s Mega IPO
Nov 3 2020 // China suspended Ant Group’s $37 billion stock market listing on Tuesday, thwarting the world’s largest IPO with just days to go, in a dramatic move that left investors and bankers scrambling for...
Insurers Powered by New Tech Ready to Assist Policyholders
Nov 2 2020 // This hurricane season has already broken several records, and it is not over yet. So far, 2020 has produced 23 named storms, including two using the Greek alphabet for only the second time in history. Nine named storms...
Republicans Eye ‘Jackhammer’ to Reform Tech Liability While Democrats Grab ‘Scalpel’
Oct 30 2020 // Big Tech’s decisions to block some posts and videos while letting other content viewed as inflammatory proliferate have drawn the ire of Republicans and Democrats alike, raising the prospect that a 24-year-old U.S....
Why It’s a Good Time for Insurtechs to Be Thinking About Mergers
Oct 30 2020 // The drumbeat for insurtechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially grow in the months ahead, an insurance industry expert believes. “InsurTech is...
Q3 Insurtech Fundraising Breaks Records, but Some Mid-Tier Firms See Funding Gap
Oct 28 2020 // Insurtech funding saw the largest number of deals and the highest amount of funding since data recording into insurtech began, with $2.5 billion raised by insurtech firms across 104 deals during the third quarter,...
Twitter, Facebook, Alphabet Executives to Defend Liability Shield Before Senate
Oct 28 2020 // The chief executives of Twitter Inc., Facebook and Alphabet Inc. will tell U.S. lawmakers at a hearing on Wednesday that a federal law protecting internet companies is crucial to free expression on the internet, according...
Tyson Gets OK to Use Employees, Technology for Safety Inspections at Meat Plant
Oct 28 2020 // Tyson Foods said on Tuesday it plans in January to have company employees take on duties from more than a dozen federal inspectors at a large Kansas beef plant, after getting a U.S. government waiver. Tyson said the change...
Business Interruption Cyber Risks Demand More Insurer Attention as 5G Dawns
Oct 26 2020 // Business interruption cyber risks demand more attention from insurers as globalization continues to worsen their impact, a panel of experts argued recently. BI coverage has drawn heightened attention in recent months due...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content
Oct 26 2020 // Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide. A...
Insurtech Vouch Insurance Expands Coverage to New York
Oct 21 2020 // Vouch Insurance, a business insurance platform for startups, has expanded its coverage into New York. The expansion is an effort to bring risk mitigation to local startups as they scale their technologies, according to a...
AmWINS, CRC and Heffernan Create Technology Alliance for Specialty Business
Oct 13 2020 // Wholesaler insurance brokers AmWINS and CRC, along with independent agency Heffernan Insurance Brokers, are the charter members of a new alliance to accelerate technology improvements in the brokerage, wholesale and...
InsurTech NY Announces Its 2020 Accelerator Cohort
Oct 13 2020 // InsurTech NY, an InsurTech community in the New York metro area, has announced its growth-stage InsurTech accelerator cohort. The 22 startups were selected to participate in its insurance carrier and broker sponsored...
With Tech Tools Galore, It’s an Exciting Time for Insurtech McKenzie Intelligence
Oct 13 2020 // Advanced technological tools are making it an exciting time to be an insurtech – and an exciting time for those insurers and reinsurers that want to more accurately assess the risks on their books, according to Forbes...
