Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
How Insurer Deployed Technology to Expedite Wildfire Claims
Nov 29 2018 // As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from...
IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use
Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...
Insurtech MGA Corvus Raises $10 Million to Expand Commercial Lines Business
Nov 27 2018 // Corvus Insurance has secured $10 million in new venture financing that the Boston-based insurtech managing general agency plans to use to jump into additional lines of commercial insurance. Two firms led the...
ACM Launches InsurTech Projects to Streamline Efficiencies
Nov 27 2018 // San Diego, CA, November 27, 2018 –Celebrating 30 years in claims management, American Claims Management (ACMclaims.com) has launched several InsurTech projects in 2018, with more to come in 2019. “In our quest to...
UK Companies Prepare for Disorderly Brexit and Supply Chain Disruptions
Nov 21 2018 // British companies selling everything from washing machines to flights, food and mortgages plan to spend tens of millions of pounds in case the political brinkmanship gripping the country leads to a disorderly Brexit. With...
Finnish Software Firm Basware Confirms Takeover Bid, Backed by Investors Including Ping An
Nov 20 2018 // Finnish software maker Basware confirmed the unsolicited takeover approach it received was from payment-technology startup Tradeshift Holdings Inc. The indicative proposal came from San Francisco-based Tradeshift, Basware...
How Insurance Market Will Expand in Age of Autonomous Vehicles
Nov 20 2018 // Though it’s estimated that by 2025 auto insurance premiums will drop by $25 billion as a result of the adoption of driverless cars, the insurance market is expected to recover through new lines of coverage, according...
The Rise of Risktech: How Startups Are Saving Lives and Property in Construction
Nov 19 2018 // Construction has a major problem: every year, construction sites suffer $11 billion in losses due to damage from fire and water, worker accidents, and theft. In addition, a fifth of all worker deaths in the U.S. –...
The Next Generation: Students Speak Out on Technology Issues
Nov 19 2018 // It’s no secret that the workforce in the insurance industry is aging and 400,000 positions are projected to open up in the next two years. Insurers and agents alike have debated how best to attract the next...
Insurance Is Doing It Right
Nov 19 2018 // America’s largest workforce is also one of the most misunderstood. Labelled the “job-hopping” generation, millennials are sometimes cited for a low work ethic or high turnover rates. More generally,...
Indian Tech Billionaire’s Exit Pulls Corporate India Deeper into #MeToo Firestorm
Nov 16 2018 // The surprise resignation of an Indian tech billionaire has pulled corporate India deeper into the #MeToo firestorm that’s been sweeping through the American business community for more than a year. Walmart Inc....
Travelers Partners with Contractor, Tech Firm on Wearables for Construction Safety
Nov 16 2018 // The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable...
Seeman Holtz Agency Acquires Insurtech Goji
Nov 14 2018 // Fast-growing insurance agency Seeman Holtz Property & Casualty has taken a technology leap forward by acquiring Boston-based online home and auto Insurance agency Goji (formerly Consumers United) and its technology...
Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs
Nov 8 2018 // Target Markets Program Administrator Association Industry Keynote Speaker Patrick G. Ryan, founder, chairman and CEO, Ryan Specialty Group, addressed attendees at the group’s 18th Annual Summit on Oct. 22., in...
Insurtech Profile: Broker Buddha Simplifies Agents’ Lives with Smart Forms
Nov 8 2018 // Many insurtechs find one problem and try to solve it. Broker Buddha is among them. This platform takes static PDF insurance carrier applications and converts them into interactive online smart forms that agents and their...
Insurtech Profile: The Evolution of Slice and Future of Insurance
Nov 6 2018 // Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to offer their own on-demand products. The growing digital insurer and services...
New InsurTech Platform, PROTO, Launched in Michigan
Nov 5 2018 // The Lansing Economic Area Partnership (LEAP) announced the launch of a new insurtech accelerator program, PROTO InsurTech, to inspire and stimulate innovation and entrepreneurship in the insurance industry. Two major...
Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways
Nov 5 2018 // Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the industry gets a bad rap in terms of innovation,” Dan Glaser,...
China’s Biggest Insurer, Ping An, Plans $2B IPO of Health Tech Unit
Nov 1 2018 // Ping An Insurance Group Co., China’s biggest insurer by market value, is planning a Hong Kong initial public offering of its health-care technology unit that could raise about $2 billion, people with knowledge of the...
Insurtech Profile: Snapsheet’s Evolution in Making Virtual Claims Service a Reality
Nov 1 2018 // Tech-driven virtual claims services company Snapsheet started out as a service for body shops called Body Shop Bids before pivoting to serving insurers five years ago. Alex Meisner, director of innovation, is one of the...
