Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
China’s Baidu Plans July Launch of Self-Driving Car Technology
Apr 19 2017 // Baidu Inc. said on Tuesday it would launch its self-driving car technology for restricted environment in July before gradually introducing fully autonomous driving capabilities on highways and open city roads by 2020. The...
Apple Soon Will Begin Road-Testing Self-Driving Car Software: Source
Apr 18 2017 // Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world’s largest technology company into a crowded race to reshape transportation. The...
First Steps Under New York’s Cyber Rules: Risk Assessment, Policies, Procedures
Apr 12 2017 // The Cybersecurity Requirements for Financial Services Companies (cyber rules) promulgated by the New York Department of Financial Services went into effect on March 1. Now, insurance companies, agencies, brokerages and...
Cyber Insurance: Many Choices Now That There Is No Choice
Apr 12 2017 // Every organization, of every size and operational orientation, needs cyber insurance to manage its exposures in this age of networked information. That was one thing speakers agreed on at the recent 2017 Cyber Liability...
Costly Business Disruptor: Aging U.S. Infrastructure
Apr 12 2017 // When a train jumped the tracks this past week at New York’s Penn Station, the seemingly minor accident led to a cascade of exasperating delays for hundreds of thousands of commuters. When a flood forced authorities...
Q&A: Art Theft and Its Impact on the Insurance Industry
Apr 11 2017 // Powered by InsuranceJournal.tv Bill Anderson, a managing partner of Brooklyn, New York-based Art Guard, recently spoke with Insurance Journal about issues related to insurance and artwork. Anderson has observed that...
Uber Scoffs at Google Spinoff’s Claims in Self-Driving Car Case
Apr 10 2017 // Uber is scoffing at claims that its expansion into self-driving cars hinges on trade secrets stolen from a Google spinoff, arguing that its ride-hailing service has been working on potentially superior technology. The...
Insurtech Microinsurance Specialist, BIMA, Gets $16.8M Investment
Apr 10 2017 // BIMA, the insurtech firm that offers microinsurance in emerging markets, announced the close of an investment of US$16.8 million by Axiata Digital, the digital services arm of Axiata Group Berhad, one of Asia’s...
CNA Hardy Names Chubb’s Legassick as Head of Life Sciences & Technology
Apr 6 2017 // CNA Hardy, the London-based specialist commercial insurer, announced the appointment of David Legassick as head of Life Sciences, Technology & Cyber. Reporting to Rhonda Buege, head of Healthcare and Technology,...
Trov in California Closes $45M in Series D Financing for Insurtech
Apr 6 2017 // San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million. All of Trov’s Series C investors...
Expect Another Active M&A Year with Tech Gaining Interest, Says Conning
Apr 6 2017 // Signs point to 2017 being another year of “robust” mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, Conning said...
Mercedes’ Parent, Daimler, Partners with Bosch to Develop ‘Robo-Taxis’
Apr 4 2017 // Mercedes-Benz owner Daimler and supplier Robert Bosch are teaming up to develop self-driving cars in an alliance aimed at accelerating the production of “robo-taxis.” The pact between the world’s largest...
Australia Floods in Wake of Cyclone Debbie Kill 4, Disrupt Mining
Apr 3 2017 // Damage to rail lines in cyclone-hit northeast Australia is set to disrupt exports of the steel-making material from the world’s largest coking coal region, underpinning prices and raising the prospect of major...
Slice Labs Testing Pay-Per-Use Insurance App with Rideshare Drivers
Apr 3 2017 // Insurance tech startup Slice Labs has created a pay-per-use rideshare insurance app and is now testing the technology with a select set of rideshare drivers. Plans call for testing the technology and algorithms with a...
Forget Insurtech. What About Us? Young Agents Speak Out in Annual Survey Report
Apr 3 2017 // Young agents want more tech tools to compete. With so much attention lavished on insurtech startups that vow to replace them, young insurance agents feel they are being shortchanged in the race to invest in insurance...
Insurtech Startups Take Note: Traditional Insurers Score Highest Ever Satisfaction Grades
Apr 3 2017 // Those uppity insurtech startups might want to take note: About one of every 15 U.S. homeowners insurance policyholders files a claim each year, and these claimants are now giving insurers their highest ever satisfaction...
Young Agents Enjoy Career Choice But Worry About Future Hiring
Apr 3 2017 // Despite sentiments about technology lags, the vast majority of young agents responding to Insurance Journal’s 2017 Young Agents Survey believe strongly that their career choice was the right one. The survey found...
Hail Verification: Closer to Ground Truth
Apr 1 2017 // This post is part of a series sponsored by CoreLogic. Superior Data In. Superior Results Out. Thunderstorms are some of the most dynamic phenomenon on earth, resulting in hail sizes that can vary from the size of a pea, to...
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding
Mar 31 2017 // Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things...
AIG Enhances Motor Fleet Claims Service, Harnessing Cloud-Based Technology
Mar 30 2017 // AIG UK announced it has entered into a partnership with VUEcloud Ltd., a UK software technology provider to the commercial motor industry, to provide an enhanced claims service to motor fleet customers by harnessing...
