Latest InsurTech Headlines

All the headlines from our InsurTech Topic Page, ordered by recency.

Insurtech Thinksurance Raises $24M

Jun 19 2023 // Thinksurance, a Frankfurt, Germany-headquartered insurtech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding.The capital comes from new...

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

Jun 19 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...

How Carriers and MGAs Can ‘Kick the Tires’ and Stay On Point with Their Tech Investments

Jun 19 2023 // Car enthusiasts know there’s nothing quite as exhilarating as driving off the lot with a brand-new automobile. That moment when you hit the open road for the first time marks the culmination of an exciting and...

People Moves: Howden Hires 3 for Casualty in London, Bermuda; Aon Names Fakkel CTO, Strategy & Tech Group; Everest Re Taps AIG’s Gallagher as Head of U.S. Facultative

Jun 15 2023 // This edition of International People Moves details appointments at Howden Broking, Aon and Everest Re.A summary of these new hires follows here. Howden Hires 3 for Casualty Team in London, BermudaHowden, the international...

Bipartisan Bill Would End Section 230 Immunity for Generative AI

Jun 15 2023 // Two U.S. senators introduced legislation on Wednesday that would allow social media companies to be sued for spreading harmful material created with artificial intelligence.The law would open the door for lawsuits to...

Lloyd’s and Dubai Partner to Launch Insurtech Accelerator

Jun 13 2023 // Lloyd’s, the marketplace for commercial, corporate and speciality risk solutions, has announced a partnership with Dubai’s Department of Economy and Tourism (DET) to facilitate growth opportunities for...

EU Regulators Could Demand That Google Sell Part of Ad-Tech Business: Source

Jun 13 2023 // European Union antitrust regulators may order Alphabet Inc.’s Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday.The EU’s top...

Britain to Host First Global Summit on Artificial Intelligence Safety

Jun 8 2023 // The United Kingdom will host a global summit on artificial intelligence safety this autumn, the British government said on Wednesday, adding Prime Minister Rishi Sunak and U.S. President Joe Biden will also discuss the...

National Alliance for Insurance Education & Research Announces Media Partnership – 2023 Insurtech Insights Conference

Jun 6 2023 // Austin, TX June 5, 2023 – The National Alliance for Insurance Education & Research, a leader in professional insurance and risk management education, proudly announces its media partnership with the highly...

Google Antitrust Suit Over Ad Tech Sent Back to State Court

Jun 6 2023 // A judicial panel on Monday transferred antitrust litigation against Alphabet Inc.’s Google filed by state attorneys general back to a federal court in Texas, citing a law passed by Congress in December.The decision...

Industry Alliance Outlines Key Liability Risk Considerations in Insuring AI

Jun 6 2023 // Artificial intelligence and its uses are a hot topic these days. Some benefits of AI include efficiency in time and resources, but what happens when an AI-related error or failure occurs?Liability insurance relating to...

InsurTech NY Accepting Applications for Digital MGA Lab

Jun 2 2023 // InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will be accepted through July 15.InsurTech NY brings together carriers, brokers, investors, and...

Top AI CEOs, Experts Raise ‘Risk of Extinction’ From AI

May 31 2023 // Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined experts and professors in raising the “risk of extinction from AI,” which they urged policymakers to equate at par...

EEOC Warns Employers to Check AI Workplace Monitoring Tools for Bias

May 26 2023 // The head of the U.S. agency charged with enforcing civil rights in the workplace says artificial intelligence-driven “bossware” tools that closely track the whereabouts, keystrokes and productivity of workers...

Microsoft Chief Says Deep Fakes are Biggest AI Concern

May 26 2023 // Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content.In a speech in Washington aimed at addressing the issue of how best...

People Moves: Lockton Adds IP Experts Sandler and Taylor; Byrne Hired at Cowbell as VP Tech E&O Underwriting

May 25 2023 // Lockton Adds Intellectual Property Experts to Transaction Liability PracticeLockton has hired Jason Sandler and Craig Taylor to its intangible asset and contingent liability practice, a division within its broader...

White House Takes New Steps to Study AI Risks, Determine Impact on Workers

May 24 2023 // The White House said on Tuesday it would ask workers how their employers use artificial intelligence (AI) to monitor them, as it allocates federal investments in the technology, which is expected to change the nature of...

AXA Venture Partners to Raise €1.5 Billion Fund for Investments in Tech Startups

May 24 2023 // AXA Venture Partners announced a new €1.5 billion ($1.6 billion) late-stage fund to invest in European and North American tech startups, targeting companies that expect to go public within three to four years.French...

How Much Should Insurers Trust AI Chatbots?

May 24 2023 // Whether it’s underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now.William Bennett, partner at law firm Saxe, Doernberger & Vita, said...

Washington Startup’s Ex-CFO Accused of Diverting $35M, Losing It in Crypto

May 24 2023 // The former chief financial officer of a Seattle, Washington-based startup took $35 million of his employer’s money without permission and lost it by investing in cryptocurrency before the crypto market crashed last...