Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Why Small Mutual P/C Insurers, Insurtechs May Need Each Other: A.M. Best
Sep 19 2018 // Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual property/casualty insurance companies continue to face...
Top 10 Stolen Vehicles: Older Models Most Vulnerable
Sep 18 2018 // Hondas that are 10 and 11-years old and even older Ford and Chevrolet pick-ups top the list of the most stolen vehicles in the U.S. in 2017. The National Insurance Crime Bureau (NICB) released its annual Hot Wheels report,...
Can Home Insurers Keep Customers as Happy as Insurtechs?
Sep 17 2018 // Homeowners insurance companies are faring rather well when it comes to customer satisfaction. Consultants at J.D Power think the carriers’ investments in improved digital channels and bundled products that combine...
Big High Tech Is Big on Reimagining Health Care
Sep 17 2018 // Apple Inc.’s new watch is the latest proof: Big Tech is trying to remake health care in its own image. The device, introduced at a splashy launch event this week, can call for help after a fall. It can monitor...
Best Tech Ways for Agents to Get the ‘Message’ Out
Sep 17 2018 // 2018 has turned out to be the year of the text message. For agents, that reality presents a challenge that is both substantial and immediate. Today, there are dozens of vendors that offer chat capabilities. Web messaging...
Vindati Platform Looks to ‘Delight’ Brokers Seeking Specialty Markets for Small-Medium Businesses
Sep 17 2018 // There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses. Vindati, a New York-based managing general...
Ohio Awards $2.4M in Opioid Science Challenge
Sep 14 2018 // Ohio awarded another round of prizes totaling $2.4 million in its global technology challenge seeking scientific breakthroughs to address the U.S. opioid crisis. The dozen winners from six states and Canada were judged the...
Tech Giants, Chamber Offer Views on National Consumer Privacy Rules
Sep 14 2018 // Two technology trade groups on Wednesday released proposals for national consumer privacy regulations, adding to the chorus of businesses seeking to influence the growing momentum for stricter rules on how companies handle...
Volvo Offers Self-Driving Truck with No Cab as Way to Address Shortage of Drivers
Sep 13 2018 // Sweden’s Volvo, the world’s second-biggest truck maker, presented a new self-driving electric truck on Wednesday, which it said should help respond to the boom in e-commerce and a shortage of freight...
Industry Blockchain Initiative B3i Gets Ready to Go Live for January Renewals
Sep 12 2018 // The industry’s Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a property excess-of-loss (XOL) contract and asked the industry to help test...
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants
Sep 12 2018 // Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would help video, music and other rights holders seek compensation for use of their content...
Vindati Platform Looks to ‘Delight’ Brokers Serving Small-Medium Businesses
Sep 12 2018 // There will soon be a new specialty insurance site that promises to quicken and simplify transactions for U.S. insurance brokers who are serving small and medium sized businesses. Vindati, a New York-based managing general...
GC Genesis, Guy Carpenter’s Insurer-Insurtech Matchmaker, Aims to Prevent Bad Relationships
Sep 11 2018 // Insurtech is often touted as the cure that will solve the insurance industry’s inefficient and antiquated processes – from distribution, to underwriting, to claims. While many insurers want to investigate the...
Munich Re Acquires Tech Firm Relayr, an Industrial Internet of Things Specialist
Sep 4 2018 // Munich Re announced it is taking a further key step to create new business models in industrial Internet of Things (IoT) through the acquisition of the software company “relayr” via Munich Re’s...
15 Emerging Risks Worth Watching That Are Not Cyber
Sep 3 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some...
5 Ways to Put Customers First and Ice the Cake with Insurtech
Sep 3 2018 // I was surprised to learn I was named one of the 50 most influential people in the United States/Western Europe for Insurtech. The fact that I was the only person, I believe, listed who makes their living on their own name...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Startups
Aug 31 2018 // Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the insurtech space. The Swiss insurer launched what it is calling the Zurich Innovation...
1-in-5 Consumers Say They’d Use Amazon or Google for Home Insurance
Aug 28 2018 // One-in-five consumers say they would use Amazon or Google for their home insurance, a J.D. Power survey released today shows. And most of those who took the survey (80 percent) already have insurance with a large national...
New World of Digital Recruiting: Chatbots, Videos and Social Media
Aug 23 2018 // Long gone are the days when employees printed their resumes and cover letters on fancy paper, worried about choosing the proper font, and put both documents in the mail. The idea of employers printing paper job...
How, Why and Where Insurance Agencies Should Use Data Analytics
Aug 22 2018 // As the data insurance agencies and brokerages continues to grow, agency managers are faced with having to answer how, why and where they can successfully analyze and use all of this data. The answer to the...