Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
SUNZ in Florida Promotes Bolinder to COO, Appoints Distefano Chief Technology Officer
Jun 30 2017 // SUNZ Insurance Company, a large deductible workers’ compensation carrier, has promoted Karen Bolinder from director of Financial Operations to chief operating officer. In her new position, Bolinder will be...
Auto Insurance Market to Shrink by 70% by 2050: KPMG
Jun 29 2017 // Autonomous vehicle technology, a rise in on-demand transportation and a shifting of liability to manufacturers will shrink the auto insurance sector by more than 70 percent or $137 billion by 2050, according to updated...
Massachusetts’ Knight-Dik Insurance: 100 Years, Four Generations
Jun 28 2017 // When Thomas Babb launched his insurance agency – Thomas Babb Insurance Agency – in an 11-story building in downtown Worcester, Mass., in 1917, he also launched a legacy that would span a century of growth and four...
Southeast Michigan a Leader in Smart Road Technology
Jun 27 2017 // Southeast Michigan is becoming a leader in developing “connected” roads and traffic signals that will “talk” directly to the next generation of cars. The features are the building blocks that will...
Powered by Homegrown Insurtech, HCI to Expand Flood Insurance Sales to 9 States
Jun 26 2017 // As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business....
Insurtech Startup Buys MGA in California with Product for Agents in Mind
Jun 22 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
UK Plans $1B-Plus Investment in Driverless & Electric Vehicle Technology
Jun 22 2017 // The UK government plans to invest more than 800 million pounds ($1 billion) in new driverless and zero-emission vehicle technology as it seeks to boost its economy while leaving the European Union. Investment in research...
Why Drivers Fear Driverless Cars
Jun 22 2017 // Davy Andrews is so adept at technology that he’s become the de facto IT troubleshooter in his office. But there’s one bit of tech he won’t touch: self-driving cars. “I wouldn’t want to be the...
7 Tips for Start-ups Partnering with Incumbent Insurers: Trōv Founder Walchek
Jun 20 2017 // Trōv is a tech start-up that’s introducing the world to a new way to insure their things: on-demand for any duration, entirely from a smartphone. We’ve had to reinvent the insurance value-chain — from...
The Wedge: CRM or Organic Growth Technology?
Jun 19 2017 // Why off-the-shelf CRM technology might not get you what you really want – growth! Imagine this conversation with another agency owner: “Charlie, what are you guys using as a pipeline tool?” “Well...
High Agency Valuations Not Going Away, MarshBerry Exec Tells Conference
Jun 19 2017 // Valuations of insurance agencies are as high as they have ever been, and there does not appear to be any lessening of interest among suitors, according to an industry mergers and acquisitions (M&A) consultant. John...
Minding Your Business: Agency of the Future
Jun 19 2017 // Yogi Berra once said: “It’s tough to make predictions, especially about the future.” Ignoring that wisdom, what will the insurance agency business model look like in 10 years or 20 years? Right now there...
Tech Targets Construction Risk Management
Jun 19 2017 // Water sensors that detect leaks before a lot of damage is done, wearables that track workers’ whereabouts and video cameras that monitor sites — the building industry is gradually adopting these and other...
The Promise of Insurtech
Jun 19 2017 // Disruptive technology is poised to shake up our industry. Following tectonic plate shifts in publishing, finance, investing, telecommunications, recorded music, information technology, retail, and even ride hailing...
Blockchain Firm Bitfury Teams with Insurance Broker Risk Cooperative
Jun 16 2017 // Blockhain technology company The Bitfury Group said it is partnering with the Washington, D.C. insurance advisory and brokerage firm Risk Cooperative to pioneer blockchain applications in the $60 billion insurance...
Startup Decisely: Insurtech ‘For Brokers, By Brokers’ Targets Small Business Benefits
Jun 16 2017 // Some see insurtech as the enemy. Others see it as a sign of things to come. Then there’s EPIC Insurance Brokers & Consultants, which is clearly embracing the insurtech craze while soliciting brokers to join...
Uber’s Plans for Trucking Industry Hit Detours
Jun 16 2017 // Uber Technologies Inc.’s drive to become a major player in the trucking business is off to a bumpy start, with analysts and industry executives questioning what exactly the company can bring to the sprawling...
Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety
Jun 13 2017 // Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of losses in the past 10 years. The favorable loss trend has been largely driven by improved safety, according to...
Most Car Makers in No Rush to Make Automatic Braking Standard Equipment
Jun 12 2017 // Big automakers are rushing to launch self-driving cars as early as 2021, but the industry’s major players are moving slowly when it comes to widespread deployment of a less expensive crash prevention technology that...
Corporate Venture Arm of CNP Assurance Leads Investment in Blockchain Startup
Jun 9 2017 // U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup said on Thursday [June...
