All the headlines from our InsurTech Topic Page, ordered by recency.
Jul 17 2017 // XL Catlin announced the appointment of Ashish Umre as Accelerate partner, Artificial Intelligence (AI), based in London.Accelerate is XL Catlin’s internal disruption and innovation team, which was established in...
Jul 14 2017 // The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang.With little fanfare, China’s top insurance official, Xiang Junbo,...
Jul 13 2017 // Seraina (Maag) Macia, chief executive officer of Hamilton USA, which AIG is acquiring, is returning to American International Group (AIG) under its new CEO, Brian Duperreault.Macia has been named executive vice president...
Jul 13 2017 // Autotech Ventures, a Silicon Valley venture capital firm, said it had raised $120 million from automotive companies and financial investors for a fund that will invest in startups working on transportation services and...
Jul 11 2017 // A new poll conducted by a Seattle, Wash.-based carrier that asked independent insurance agents what’s ahead in 2020 showed that roughly half of agents expect technology disruption to have a minor impact on their...
Jul 11 2017 // A Silicon Valley innovation platform that connects technology startups, corporations and investors has recognized Munich Re, US for leadership in the insurtech space. The high-tech incubator and mentoring group known as...
Jul 10 2017 // Merrill, Wis.-based Church Mutual Insurance Co. and its subsidiaries CM Vantage Specialty Insurance Co. and CM Regent Insurance Co. have earned a “positive” outlook for long-term issuer credit rating by A.M....
Jul 10 2017 // Insurtechs stimulate a lot of debate among agents about the extent to which they pose a threat and what should be done to address it. Some dismiss the threat by analyzing flaws in a particular venture or mocking past...
Jul 10 2017 // When Thomas Babb launched his insurance agency – Thomas Babb Insurance Agency – in an 11-story building in downtown Worcester, Mass., in 1917, he also launched a legacy that would span a century of growth and...
Jul 10 2017 // Insurtech startup Bridger has purchased Pleasanton, Calif.-based SCJ Insurance Services in a step toward launching what the firm contends will be “simpler, cheaper, and easier-to-manage automotive...
Jul 7 2017 // Symantec Corp. is acquiring Israeli cyber security startup Fireglass, the company said on Thursday, in a small deal designed to boost its products that protect corporate email and web browsing from threats.Symantec is...
Jul 6 2017 // Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an incident, Root will now...
Jul 6 2017 // New York Governor Andrew Cuomo in May signed a budget bill into law allowing self-driving and self-parking cars to be tested for one year on New York public highways.Prior to this law going into effect, the technology was...
Jul 5 2017 // Chubb has announced the launch of an expanded MasterPackage solution for technology companies domiciled in the UK and Ireland.The company described it as a comprehensive first and third party policy catering specifically...
Jul 5 2017 // Executives of retail and wholesale property/casualty brokers, who have heard predictions about disintermediation for years, are not worried about the latest wrinkle in the stories of their demise—the rise of insurtech...
Jun 29 2017 // Autonomous vehicle technology, a rise in on-demand transportation and a shifting of liability to manufacturers will shrink the auto insurance sector by more than 70 percent or $137 billion by 2050, according to updated...
Jun 29 2017 // American Integrity Insurance Group (AI), a Florida-based insurance provider, has unveiled a private flood insurance option for homeowners.AI is one of nine Florida-based insurers to offer its own flood program that...
Jun 28 2017 // When Thomas Babb launched his insurance agency – Thomas Babb Insurance Agency – in an 11-story building in downtown Worcester, Mass., in 1917, he also launched a legacy that would span a century of growth and four...
Jun 27 2017 // Basic rules of the road are needed before lawmakers allow companies from Apple Inc. to Ford Motor Co. to dramatically expand testing of self-driving cars, safety and consumer advocates will tell lawmakers today.Automakers...
Jun 26 2017 // As Congress tries to figure out how to change the federal flood insurance program to encourage more private insurer involvement, one insurer isn’t waiting to wade deeper into the private flood insurance business....