Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
China Insurance Market Ripe for Digital Disruption: Viewpoint
Oct 4 2016 // China’s tech giants — Baidu, Alibaba and Tencent — increasingly have a finger in every part of the economy. So why aren’t they bigger participants in what should be an easy sell online:...
Hamilton, AIG, Two Sigma Small Business Platform to Launch Q4
Oct 3 2016 // American International Group Inc., Hamilton Insurance Group Ltd. and affiliates of Two Sigma Investments plan to launch Attune, a technology-enabled platform to serve the $80 billion U.S. small to medium-sized enterprise...
JPMorgan’s Tamassia Joins AIG as Chief Enterprise Architect
Oct 3 2016 // Hugh Tamassia is joining American International Group Inc. as chief enterprise architect with responsibility for designing an enterprise architecture to effectively drive AIG’s information technology priorities and...
New York Proposes Cybersecurity Regulation for Insurers, Banks
Oct 3 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Obama Onboard with Road Testing of Autonomous Vehicles
Sep 27 2016 // Automated cars have the backing of President Barack Obama, who’s signed off on what’s largely been a hands-off approach to regulating the burgeoning industry, U.S. Transportation Secretary Anthony Foxx...
U.S. Autonomous Vehicle Policy Attempts to Straddle Lanes of Safety and Innovation
Sep 22 2016 // The new U.S. policy on self-driving cars received a mixed reaction from highway-safety advocates who acknowledged the life-saving potential though warned of a world of “human guinea pigs.” The Transportation...
Why Insurers Must Pick Up Their Technology Pace
Sep 20 2016 // The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. The pace of technology is changing...
New Technologies: A Double-Edged Sword for Insurance Companies
Sep 19 2016 // The insurance industry is on the horns of a dilemma: how to use new technologies to improve operations and how to insure the risks these new technologies present to customers. Situation The pace of technology is changing...
How Kilkenny and Kimmel Have Grown K2 Insurance Services
Sep 19 2016 // Pat Kilkenny and Bob Kimmel put the K’s in K2 Insurance Services five years ago. That’s when they began using their combined 60 years of insurance experience to work buying up and developing businesses with the...
Tech Talk: Digital Transformation 2.0
Sep 19 2016 // The just released Insurance Digital Transformation Study (available at www.insurancedigitalrevolution.org) sheds light on why agents struggle with adapting to digital technology. As we have discussed extensively, agents...
Re/Insurers Need to ‘Reinvent’ Products to Participate in New Economy: XL’s McGavick
Sep 16 2016 // The re/insurance industry needs to innovate and become more efficient. It is facing more risk, but premiums are declining. Some of its products have become shop-worn and less relevant. Competitive pressures are...
Pittsburgh Uber Riders Preview Driverless Cars Through Test Program
Sep 15 2016 // Uber riders in Pittsburgh can get a glimpse of the future by summoning a car capable of handling most of the tasks of driving on its own. Starting Wednesday morning, a fleet of self-driving Ford Fusions will pick up Uber...
New York Proposes ‘Flexible’ Cybersecurity Regulation for Insurers, Banks
Sep 15 2016 // The New York State Department of Financial Services (DFS) has proposed cybersecurity regulation for financial services companies that aims to protect New York state’s financial services industry from an increasing...
Allstate CEO Driven by Opportunity in Transportation Disruption
Sep 14 2016 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country’s transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the company is betting...
Burnham Benefits in Southern California Taps Felish as Tech Specialist
Sep 12 2016 // Irvine, Calif.-based Burnham Benefits Insurance Services Inc. has named Meagan Felish a technology specialist. Felish has experience in online enrollment systems. Felish previously worked at Beal Benefits in Scottsdale,...
Tesla Introduces ‘Substantial Improvements’ to Autopilot
Sep 12 2016 // Elon Musk said Tesla Motors Inc. is updating its Autopilot technology to emphasize radar images over cameras, in his latest attempt to convince critics that the electric-car maker’s semi-autonomous driving features...
Federal Suit Filed by Former Employees of Indiana-Based ITT Tech Institute
Sep 9 2016 // Two employees laid off by the parent company of Indiana-based for-profit college chain ITT Technical Institute have filed a lawsuit claiming the company violated federal law by not providing 60 days’ notice. Allen...
Barclays Says It Conducts ‘World’s First’ Blockchain-Based Trade Finance Deal
Sep 8 2016 // Barclays and an Israel-based start-up company have carried out what they say is the world’s first trade transaction using blockchain technology, cutting a process that normally takes between seven and 10 days to less...
How Kilkenny and Kimmel Have Grown K2 Insurance Services
Sep 1 2016 // Pat Kilkenny and Bob Kimmel put the K’s in K2 Insurance Services five years ago. That’s when they began using their combined 60 years of insurance experience to work buying up and developing businesses with the...
NAIC San Diego: Self-Driving Cars and Regulatory Renewal
Aug 30 2016 // Insurance regulators are a diverse bunch. Some are elected, while others are appointed. Some are Republicans, while others are Democrats. At the triennial meeting of the National Association Insurance Commissioners in San...
