All the headlines from our InsurTech Topic Page, ordered by recency.
Feb 26 2024 // Blu Clarity, a value-based risk management solutions, has chosen Irys Insurtech as its foundational technology platform. This strategic move empowers Blu Clarity, an MGA, to quote and bind policies in real-time with any...
Feb 23 2024 // Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of...
Feb 22 2024 // Insurtech Root Inc. posted a net loss for the fourth quarter 2023 of $24 million and a net loss for the year of $147.4 million.Results were improvements from net losses of about $58.3 million for fourth quarter 2022 and...
Feb 22 2024 // DURHAM, NC., February 22, 2024 – Simply Easier Payments, a top-rated major provider of billing and invoicing solutions for insurance organizations, has appointed Michele Shepard as Chairperson of its Board of...
Feb 21 2024 // Artificial intelligence experts and industry executives, including one of the technology’s trailblazers Yoshua Bengio, have signed an open letter calling for more regulation around the creation of deepfakes, citing...
Feb 20 2024 // Cake, an insurtech based in Indianapolis, has announced the completion of a $1.3 million pre-seed funding round led by venture capital company Markd. Additional sponsors included 2ndF, Iridium Bloom LLC, 101 Weston Labs,...
Feb 19 2024 // Buyers of commercial property insurance are facing many challenges. Rates are rising, capacity is becoming scarce (particularly in catastrophe exposed zones), and large programs, often involving dozens of insurers, are...
Feb 15 2024 // A bank uses biased artificial intelligence outputs in a mortgage lending decision. An insurance firm’s AI produces racially homogeneous advertising images. Users of an AI system complain about a bad experience.These...
Feb 15 2024 // State-backed hackers from Russia, China, and Iran have been using tools from Microsoft-backed OpenAI to hone their skills and trick their targets, according to a report published on Wednesday.Microsoft said in its report...
Feb 13 2024 // Despite organizations’ increased adoption of artificial intelligence (AI), 71% don’t provide internal guidance on when, where or how to use the technology, according to Gallagher’s 2023/24 State of the...
Feb 13 2024 // Two key groups of lawmakers at the European Parliament on Tuesday ratified a provisional agreement on landmark artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for...
Feb 13 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal magazine asked industry thought leaders their...
Feb 12 2024 // Insurance broker WTW has launched a cyber solution aimed at international clients headquartered outside of Great Britain and the United States with revenues up to US$1 billion (or the equivalent currency).The International...
Feb 9 2024 // The top US artificial intelligence companies will participate in a government-led effort intended to craft federal standards on the technology to ensure that it’s deployed safely and responsibly, the Commerce...
Feb 9 2024 // San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark...
Feb 8 2024 // Corvus Insurance introduced a newly expanded Tech E&O product with an enhanced appetite backed by Travelers. Smart Tech E+O from Corvus provides creative risk solutions for technology businesses across the spectrum of...
Feb 7 2024 // Florida regulators have approved another reciprocal property insurance company and it has received ratings from two financial rating firms.Manatee Insurance Exchange, a spinoff from Tampa-based Safepoint Insurance Co., was...
Feb 7 2024 // European Union policymakers agreed new rules on Tuesday to promote local production of equipment for solar and wind power, fuel cells and other clean technologies and help Europe’s industry compete with Chinese and...
Feb 5 2024 // Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a new report examining the industry and how it’s using AI shows.The report from...
Feb 5 2024 // No one can predict the future, but insurance professionals are likely the best qualified when it comes to predicting risk. For this special report, Insurance Journal asked industry thought leaders their predictions for the...