Latest Tech Headlines
All the headlines from our Tech Topic Page, ordered by recency.
Aquiline Capital to Buy UK’s Simply Business, an Online Small Business Brokerage
Apr 14 2016 // New York-based private equity firm Aquiline Capital Partners LLC on Monday entered into a definitive agreement to acquire Simply Business, an online brokerage service, which delivers tailored small business insurance...
RIMS 2016: Wearable Tech, Automated Vehicles Dominate Insurance Horizon
Apr 12 2016 // Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up and become alert. The...
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings. Zurich Insurance Group AG is accelerating its cost...
Music Stars Join Industry Fight to End Copyright Shield for Technology Firms
Apr 5 2016 // Katy Perry, Billy Joel and Rod Stewart are asking the U.S. government to reform provisions of copyright law that they say enrich large technology companies at their expense. The three are among the more than 100 artists...
Prepare for Disruption in High Net Worth Insurance Segment
Apr 4 2016 // ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of the two insurers is complete, the new company is anticipated to control approximately $6...
Top Exposures Facing Global Middle Market Firms Vary by Region: Assurex Survey
Mar 30 2016 // While all middle market businesses across the world have concerns about cyber risk, few of these firms view it as their biggest exposure, according to a global survey* of 68 leading independent insurance brokers, which...
U.S. Promises Rules for Makers of Driverless Cars Within Months
Mar 30 2016 // U.S. regulators are making progress and will begin issuing guidelines to help the introduction of self-driving car technology within the next few months, Transportation Secretary Anthony Foxx said. The rapidly developing...
Japan Opens Door to ‘Fintech’ Revolution with Plans to Ease Investment Rules
Mar 29 2016 // A laggard in embracing the ‘fintech’, or financial technology, revolution, Japan is set to ease investment restrictions that could free up the flow of capital in an economy sitting on an estimated $9 trillion...
Prepare for Disruption in High Net Worth Insurance Segment
Mar 28 2016 // ACE’s $28.3 billion purchase of Chubb will create a major disruption in the luxury insurance market. When the integration of the two insurers is complete, the new company is anticipated to control approximately $6...
New Chubb’s O’Brien Traverses High Wire of Integrating High Net Worth Businesses
Mar 21 2016 // Its acquisition of Fireman’s Fund’s business in April, 2015 provided ACE Ltd. with an idea of what’s involved in integrating two leading high net worth insurance businesses. Frances D. O’Brien is...
How Technology May Alter Small Commercial Lines Advantage
Mar 21 2016 // As more small business owners become comfortable buying everything including insurance online, exclusive agent carriers will gain an advantage over independent agency carriers in the highly-fragmented and increasingly...
Automatic Braking, Due by 2022 in U.S. Cars, Could Prevent 20% of All Crashes
Mar 17 2016 // Major automakers will announce Thursday they have agreed to install automatic emergency braking systems in nearly all U.S. vehicles by September 2022, three sources briefed on the plans said. The U.S. National Highway...
Tech Firms Warn of Growing Cyber Risks: From Medical Devices to Sex Toys
Mar 17 2016 // It’s not just computers and mobile phones that are vulnerable to cyber attack, according to software firm Trend Micro. As more devices are hooked up to the internet, it could be anything from medical equipment to...
IronPro Enhances Cyber, Tech Products in Canada
Mar 17 2016 // IronPro, Ironshore’s financial and professional lines unit, is introducing a suite of enhanced cyber and Technology E&O products customized for the Canadian marketplace. IronPro’s cyber and tech products...
Regulations Create Roadblock for Automated Cars Without Human Controls
Mar 14 2016 // Existing U.S. laws pose few barriers to adoption of autonomous vehicle technology so long as cars and trucks stick with existing designs allowing humans to take control, the agency overseeing traffic safety said...
U.K. Eyes Requiring Drones to Fit Anti-Collision Technology for Aviation Safety
Mar 10 2016 // Britain is considering whether civilian drones will have to be fitted with technology intended to prevent collisions with airplanes after a series of near-misses around airports. “The U.K. government and the Civil...
‘Cool’ Austin Icy Toward Uber, Airbnb, Bristling Tech Sector
Mar 9 2016 // Austin, Texas, boasts a reputation as one of most cutting-edge cities in the U.S, but new local regulations on ride-hailing apps such as Uber and rental sites such as Airbnb are stirring discontent in the tech sector,...
The Hartford, Olympians to Advocate ‘Death of Disability’ at SXSW
Mar 7 2016 // New research has placed a spotlight on a gap between what Americans say about themselves and what they think about others when it comes to disability in the workplace and sports. According to the research by The Hartford,...
Piecing Together Homeowners Coverage
Mar 7 2016 // The homeowners insurance line, not often thought of as a bastion of change, is actually quietly evolving beyond the traditional “one-size-fits-all” business. Some of the puzzle pieces that make up homeowners...
Allstate Moving 400 Tech Jobs to Chicago
Mar 3 2016 // Insurance company Allstate has announced plans to open an innovation hub with 400 employees at Chicago’s Merchandise Mart. The Northbrook-based company announced that the 45,000-square-foot office space will house...
