P/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence October 6, 2017 By Andrew G. Simpson Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science...
Insurtech Slice Raises $11.6M; Will Offer Its On-Demand Platform to Other Carriers October 5, 2017 By Andrew G. Simpson Slice Labs Inc., a company offering an on-demand insurance platform for rideshare and homeshare risks in the United States, has...
Insurtech Pie Insurance Eyes Slice of Workers’ Comp Market with $4.3M Funding and Pricing Tool October 4, 2017 By Andrew G. Simpson Oddly-named Pie Insurance took an initial step toward entering the workers’ compensation insurance market at the InsureTech Connect conference in...
Why the Insurance Industry Needs a Toothbrush and Other Notes from Record-Breaking InsureTech Connect Conference October 4, 2017 By Andrew G. Simpson Insurance company employees wondering where all their bosses are this week should not be worried. It’s a good bet the...
Senate Democrats Delete House-Backed Private Flood Insurance Policy Measure September 29, 2017 By Andrew G. Simpson Not long after the House passed legislation that included a provision to allow private flood insurance policies to satisfy flood...
House Passes Bill to Assure Private Policies Satisfy Flood Insurance Requirement September 28, 2017 By Andrew G. Simpson The House of Representatives voted 264-155 today to pass bipartisan legislation that encourages the sale of private flood insurance in...
U.S. and EU Sign Covered Agreement on Insurance Regulation September 22, 2017 By Andrew G. Simpson The United States and European Union have scheduled a ceremony for today for the signing of a bilateral agreement on...
Why the Federal Flood Program Is Sinking Deeper into Debt: CBO Report September 18, 2017 By Andrew G. Simpson The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no...
Small Businesses Can Manage, Cancel Own Policies with Next Insurance Portal September 14, 2017 By Andrew G. Simpson Digital small business insurance provider Next Insurance has unveiled a new online portal giving small businesses more control over their...
QBE Group CEO Neal to Exit; Regan to Succeed Him in January September 13, 2017 By L.S. Howard and Andrew G. Simpson QBE Insurance Group today announced that John Neal, Group chief executive officer, will be stepping down after five years in...