Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
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...
4 Million Driving Jobs at Risk from Autonomous Vehicles: Report
Mar 27 2017 // As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted in a short period of time, according to a new report. With more than 30...
XL Catlin and Startupbootcamp InsurTech Form Partnership
Mar 24 2017 // Startupbootcamp InsurTech, the business accelerator that promotes insurance technology startups and corporate innovation, has formed a partnership with XL Catlin. The announcement comes as Startupbootcamp InsurTech’s...
Flintstones vs. Jetsons, a Broker Success Story, and How Agencies Can Survive Insurtech
Mar 23 2017 // “If we survive the next five to 10 years and improve the way we do things, we can be well-positioned into the future.” James Keating, founder, chairman and CEO of The Keating Group, offered those positive words...
T-Mobile 911 Disruptions in Dallas Offer Cautionary Tale
Mar 22 2017 // Dallas has been experiencing disruptions in its 911 service that began in October and at one point last week resulted in 360 calls being placed on hold. More dispatchers have been assigned to field 911 calls and...
Technology Being Blamed for Driving Up Massachusetts Car Insurance Rates
Mar 22 2017 // Auto insurance rates in Massachusetts are on the rise and technology is to blame. Industry experts tell The Boston Globe that drivers distracted by smartphones are crashing more often and those cars are now more expensive...
NetVu’s Kitty Ambers on Making the Case for Innovation
Mar 20 2017 // Have you noticed how technology is rapidly eliminating tasks? We can bank remotely or have goods delivered to our doorstep with the click of a mouse. Whether it’s banking, retailing or insurance, nearly every...
Tech Talk: Why Real-Time Binding Delivers Immediate Value
Mar 20 2017 // For independent agents, optimum use of technology delivers a multitude of benefits, including streamlined back-office operations and more effective marketing outreach. Yet one benefit, arguably the most powerful, is often...
Industry Disruption and the Future of Talent: The Jacobson Group’s David Coons
Mar 20 2017 // From smart TVs and live streaming turning the entertainment industry on its head, to mobile health monitoring systems that are revolutionizing the way patients interact with their doctors, disruption is changing the way...
