Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Digital Transformation in Insurance Marketing: How to Leverage Technology to Drive Growth and Engagement
Nov 4 2024 // The insurance industry has historically been slow to adopt new technologies – often relying on traditional outreach, marketing and client management methods. However, digital transformation has taken hold across the...
‘Pivotal’ Q3 Sees Insurtech Root Achieves Net Income Profit for the First Time
Oct 31 2024 // For the first time in the company’s history, Root Inc. recorded a quarterly net income profit. The Columbus, Ohio-based parent company of Root Insurance founded in 2015 recorded third quarter net income of about $23...
Transforming Cyber and Tech E&O Insurance with Underwriter Link
Oct 30 2024 // This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage....
Texas Grid Chief Says Big Tech Must Pay More for Power Upgrades
Oct 25 2024 // Technology giants developing big artificial intelligence data centers in Texas will need to pay more for electricity infrastructure upgrades to prevent those costs from burdening households and other businesses, according...
Making Friends With the Future: Agency Tech Moving at a Faster Pace Than Ever Before
Oct 21 2024 // That used to be one of my biggest beefs as an agency owner — I have all of these pieces of tech and none of them talked to each other,” Vonda Copeland, co-owner and vice president of operations at Copeland...
Why Tech Matters in M&A
Oct 21 2024 // Technology and AI innovation makes an impact when it comes to merger and acquisition decision, according to Brooke DeWyze, chief development officer for Trucordia, formerly PCF Insurance Services. DeWyze, who spends her...
Revolutionizing Submission Automation for MGAs and Wholesalers with AI-Powered Technology: From Email Intake to Quoting in Minutes
Oct 17 2024 // This post is part of a series sponsored by Selectsys. In the fast-paced insurance industry, MGAs and wholesalers are constantly challenged with managing large volumes of submissions from agents. Typically, gatekeepers...
Insurtech on the Silicon Prairie to be Held in Omaha
Oct 17 2024 // The Nebraska Department of Insurance shared that Insurtech on the Silicon Prairie will take place in Omaha on Oct. 28-29, with topics including AI, autonomous vehicles, cybersecurity, venture capital, the role of AI in...
EU AI Act Checker Reveals Big Tech’s Compliance Pitfalls
Oct 17 2024 // Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters. The EU had...
Risk & Insurance Education Alliance and BrokerTech Ventures Launch New Insurtech Insurance Course
Oct 15 2024 // Austin, TX., October 15, 2024 – The Risk & Insurance Education Alliance, in collaboration with BrokerTech Ventures (BTV), is proud to introduce its latest educational initiative, the Introduction to Insurance for...
Transforming Cyber and Tech E&O Insurance with Our RQB Platform
Oct 11 2024 // This post is part of a series sponsored by Selectsys. The demand for Cyber and Technology Errors & Omissions (Tech E&O) insurance is rapidly growing as businesses face an increasing array of digital threats and...
Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt
Oct 10 2024 // WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption. “The current state of affairs might only be one major hurricane away...
Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report
Oct 7 2024 // Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions...
NC Town That Produces Quartz for Tech Products is Devastated by Helene
Oct 4 2024 // SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening...
Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform
Oct 4 2024 // This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...
Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK
Sep 26 2024 // Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is...
Crimes Against Customers: Part 3 – Technology Crimes
Sep 26 2024 // This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to...
FBI Disrupts Vast Chinese Hacking Operation That Infected Consumer Devices
Sep 23 2024 // The FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations, Director Chris Wray said last week. The hacking campaign...
People Moves: Aspire in California Names Rea Chief Technology Officer
Sep 17 2024 // Sam Rea Aspire General Insurance hired Sam Rea as its chief technology officer. Rea has more than 20 years of experience leading IT organizations in the insurance industry. Before joining Aspire, Rea was CTO for the Peak6...
Factories in Vietnam’s Export Hubs May Face Weeks of Disruption After Typhoon Yagi
Sep 11 2024 // Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation,...
