Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Internet of Things and More Tech Risks in 2017
Jan 23 2017 // Insurers and customers alike are increasingly embracing the Internet of Things (IoT) for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could create problems that...
Tech Talk: 2017 Marks the Digital Tipping Point
Jan 23 2017 // 2017 will mark the tipping point in agents’ efforts to adapt to the digital marketplace. Agents are no longer talking about why they should become “digitally- savvy” but how best to do it. Agents are also...
Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement
Jan 23 2017 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement
Jan 23 2017 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Expert: Cyber Risk Modeling Requires New Way of Thinking
Jan 23 2017 // Arvind Parthasarathi, founder and CEO of Cyence, a San Mateo, Calif.-based cyber risk modeler, believes that rising to the demand of cyber threats calls for a completely different way of looking at cybersecurity. He thinks...
Targeting Growth with Hockey Pucks, Insureon CEO Seeks Constant Improvement
Jan 23 2017 // A major online provider of commercial insurance for small businesses in the United States keeps track of its growth milestones with hockey pucks. OK, that might be a bit of a stretch but Chicago-based Insureon definitely...
Business Leaders Urge New Job Policies as Technology Displaces Workers
Jan 23 2017 // Open markets and global trade have been blamed for job losses over the last decade, but global CEOs say the real culprits are increasingly machines. And while business leaders gathered at the annual World Economic Forum...
Bluetooth Toothbrushes, Telematics, Fitbits and Data Tracking Acceptance
Jan 19 2017 // Twice a day, Scott Ozawa’s Bluetooth-enabled toothbrush tells his dental insurer if he brushed for a full two minutes. In return, the 41-year-old software engineer gets free brush heads and the employer which bought...
Expect the Unexpected in U.S. Casualty Insurance Market in 2017: Marsh
Jan 19 2017 // Insurers and customers are increasingly embracing the Internet of Things but greater reliance on these technologies could bring problems that ripple through an entire connected system. The unintended consequences from...
Zurich to Cut Spending on Large Tech Projects as Part of Cost Saving Plan
Jan 17 2017 // Zurich Insurance Group AG, Switzerland’s biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to chief risk officer Cecilia Reyes. “Managing, harvesting the...
Tech Firms Collecting Data: How Much Do Consumers Know or Care?
Jan 17 2017 // Nearly every technology startup wants the same thing: more data. But in the rush to collect all manner of information about customers, tensions are rising in Silicon Valley over whether such practices amount to a form of...
Supply Chain Risks Underinsured in APAC: Zurich Insurance/BCI Survey
Jan 13 2017 // Six out of 10 organizations in Asia Pacific experienced at least one supply chain disruption in the past year, with one in four incidents costing more than US$1 million, according to a survey conducted by the Business...
Robo-Insurance Agents? Bring ‘Em On, Phygitally, Say Consumers
Jan 12 2017 // Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning,...
MEMIC Group Hires Coy as Senior Director of Information Technology
Jan 12 2017 // Workers’ compensation specialist The MEMIC Group, headquartered in Portland, Maine, has announced the appointment of Matthew Coy to the position of senior director of information technology. In this role, he is...
Social Polarization, Inequality Raise Potential for Risk, Disruption: WEF
Jan 12 2017 // Rising inequality and social polarization are set to shape world developments for the next decade after contributing to Britain’s decision to leave the European Union and the ballot-box success of U.S....
India to Open High-Tech Financial Hub for Banks, Insurers
Jan 10 2017 // Prime Minister Narendra Modi is set to inaugurate an international exchange in Gujarat state’s new finance zone, seeking to grab some of India’s $48 billion in offshore banking activities from Singapore, Dubai...
Today’s Insurance Agency E&O Costs, Coverage and Claims
Jan 10 2017 // Independent agency owners spend their entire careers worrying about the risks and exposures of others. Managing the risks of their own agencies can take a backseat to helping their clients. While agents appreciate the...
China in Midst of Insurtech Boom: Opinion
Jan 9 2017 // While China’s fintech boom continues unabated, another fast-growing phenomenon has gone almost unnoticed — so-called insurtech, the latest industry to be spawned by the intersection of online finance and the...
Driverless Cars Mapping Route from Labs to Driveways
Jan 5 2017 // Car electronics supplier Delphi Automotive Plc went coast-to-coast in 2015 in a self-driving Audi Q5 sport-utility vehicle to prove the autonomous automobile had arrived. Now, Delphi is shifting from stunts to selling. In...
How to Gain ‘Digital Trust’ of Employees in Age of Internet of Things
Jan 5 2017 // Employers will need to accept tradeoffs to foster “digital trust” with employees if they want to gather the workplace data necessary to realize the full benefits of the Internet of Things (IoT) and the sharing...
