Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Insurtech Sales Platform Cover Genius Raises $10M for Expansion
Nov 13 2019 // Cover Genius, an insurtech that offers an insurance sales and payments tools to online retail, travel, property, shipping and other companies in multiple languages and countries, has raised $10 million in new...
Insurtech Pie Launches TV Campaign in California for Workers’ Comp
Nov 12 2019 // Workers’ compensation insurtech Pie Insurance has launched its first national television advertisement campaign with an initial focus in California. The two 30-second spots depict Pie coming to the rescue,...
Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License
Nov 12 2019 // Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing network of insurer...
Imagining How Technology Might Transform Risks and Insurance by 2030
Nov 7 2019 // As 2019 wraps up, many in the insurance industry are likely well into planning for the next year. But what about planning for the next decade? While it can be difficult to predict what’s ahead in 10 years, industry...
Uber’s Self-Driving Car That Killed Pedestrian Lacked Tech to Detect Jaywalkers
Nov 7 2019 // Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety...
Going Public: BRP CEO Baldwin On the Company’s IPO, What’s Next
Nov 6 2019 // Florida-based broker Baldwin Risk Partners (BRP) has come a long way since it was formed less than 10 years ago. The company has grown exponentially both through acquisitions and expansion and it is now beginning a new...
Program Business Revenue Increases 12% to $40.5B in 2018
Nov 5 2019 // Program business premium rose 12.2% in 2018, reaching $40.5 billion from $36 billion in 2016, according to The 2019 State of Program Business Study published by the Target Markets Program Administrators Association...
How a Culture of Change Helps Modernization Efforts
Nov 4 2019 // Technology and innovation have become competitive differentiators as the insurance industry evolves. Insurance companies are connecting with individuals in new ways and working toward providing personalized and innovative...
Quantemplate, Insurtech Provider of Cloud-Based Data Services, Raises $12M
Nov 1 2019 // Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its latest funding round. Quantemplate said it plans to use the funding for...
Automakers Face Independents in Battle Over Car Tech Repair Aftermarket
Oct 31 2019 // The rapid rise of crash-avoidance technology has set carmakers and repair shops on course for a collision that could determine who controls the $800 billion auto aftermarket in the digital age. Given the unprecedented...
Miami Specialty Risk Launches Lloyd’s-Backed Cyber, Technology E&O Facility
Oct 31 2019 // Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s of London, the Miami Specialty Risk facility is comprised of three products: SME Cyber and...
How Specialty Carriers Approach Product Innovation: Research, Repeat and Reuse
Oct 30 2019 // “The industry really does look to specialty writers to be at the forefront of innovation,” says Gail McGiffin. Specialty insurance carriers have a unique “toolset” that helps them grow through...
Give Technology Some Credit for Happier Auto Insurance Customers
Oct 28 2019 // Customer satisfaction with the auto claims process has apparently reached record levels, thanks in no small part to carrier investments in the technology that serves the process. The 2019 J.D. Power U.S. Auto Claims...
Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018
Oct 25 2019 // Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced...
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain
Oct 24 2019 // Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their planned $22 billion spend on everything from artificial intelligence to blockchain will work. While...
After 100 Years in Business, JGS Insurance Has Learned to Embrace Change
Oct 23 2019 // “To improve is to change, so to be perfect is to have changed often.” This quote from Winston Churchill is hanging on the wall at the offices of Jacobson, Goldfarb & Scott Inc. (JGS Insurance). The Bell...
B3i’s Blockchain Re/Insurance Network Begins to Offer Real-Life Industry Solutions
Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...
FTC’s Chopra Tells House Antitrust Panel Big Tech’s Data Practices Threaten Competition
Oct 21 2019 // U.S. technology companies sent tens of thousands of documents to the House committee investigating whether they’re using their dominance to thwart competition, as the panel looks to develop recommendations by next...
Reinsurers Take the Technology Lead
Oct 21 2019 // When it comes to innovation and utilization of emerging technologies in the insurance industry, reinsurance companies once led the way as early adopters of technology. But recently, the primary insurance sector has...
Female Entrepreneur Forging Path in Insurtech Space with AI-Powered Chatbot ‘LeO’
Oct 21 2019 // Like many people, entrepreneur and former Israeli tech journalist turned insurtech founder Liri Halperin never expected she would end up in the insurance business. But an insurance buying experience almost four years ago...
