Latest InsurTech Headlines

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

Informed Decisions, Better Experiences: Realizing Data-Driven Efficiencies with SubmissionIQ

May 2 2023 // This post is part of a series sponsored by Insurance Quantified.Samantha Cowley, Director of Underwriting Operations at the International Transportation & Marine Agency (ITMA), sat down with Insurance Quantified for an...

G-7 Nations Should Adopt ‘Risk-Based’ Regulation on Artificial Intelligence: Ministers

May 1 2023 // Group of Seven advanced nations should adopt “risk-based” regulation on artificial intelligence, their digital ministers agreed on Sunday, as European lawmakers hurry to introduce an AI Act to enforce rules on...

Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution

Apr 28 2023 // Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution.The solution combines Benekiva’s state-of-the-art claims administration system...

Verisk Acquires German Motor Claims Insurtech SV Krug

Apr 27 2023 // Verisk, a leading global data analytics and technology provider, has acquired Krug Sachverständigen GmbH, a Germany-based motor claims solutions provider. The acquisition expands Verisk’s claims and casualty...

Insurtech Policygenius to Be Acquired by Zinnia

Apr 25 2023 // Online insurance marketplace Policygenius is being acquired by Zinnia, a life and annuity insurance technology and digital services company.Zinnia said the acquisition expands its reach into digital distribution solutions,...

Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB

Apr 25 2023 // Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies covering company...

Carrier Management announces agenda and speakers for its 2023 InsurTech Summit

Apr 25 2023 // San Diego, CA. April 25, 2023 — Today Carrier Management announced the agenda and speakers for The InsurTech Summit 2023. These experts will share their knowledge and experiences, making your own InsurTech journey much...

Supreme Court YouTube Decision Could Shape Protections for ChatGPT and AI

Apr 25 2023 // When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial...

People Moves: Startup Intangic MGA Names Marsh’s Durkan as Commercial Dir.; Helvetia Taps Rupprecht From NN Group as CEO; BMS Hires Ardonagh’s Leather as UK, Int’l CFO

Apr 24 2023 // This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS.A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial...

Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say

Apr 20 2023 // Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the Securities and Exchange Commission, despite years of enforcement by the agency against...

Google’s Rush to Win in AI Led to Ethical Lapses, Employees Say

Apr 20 2023 // Shortly before Google introduced Bard, its AI chatbot, to the public in March, it asked employees to test the tool.One worker’s conclusion: Bard was “a pathological liar,” according to screenshots of the...

New York Names InnSure to Manage Clean Tech Insurance Innovation Project

Apr 19 2023 // New York Governor Kathy Hochul announced that the nonprofit InnSure will administer the state’s $6.5 million insurance innovation fund that includes grants to encourage the development of new insurance policies and...

Will Insurtech Help the Insurance Industry Survive a Hardening Market?

Apr 19 2023 // This post is part of a series sponsored by AgentSync. Supply chain disruptions, increased consumer demands, a tight labor market, a global pandemic, a couple natural disasters, and a war. These are just a few of the causes...

Nine More States Join Federal Lawsuit Against Google Over Ad Tech

Apr 18 2023 // Nine states, including Michigan and Nebraska, have joined a U.S. Department of Justice lawsuit against Alphabet’s Google which alleges the search and advertising company broke antitrust law in running its digital...

Can Insurance Carriers Stem the Bleeding from Tech Layoffs?

Apr 17 2023 // This post is part of a series sponsored by AgentSync. In January 2023 alone, Amazon laid off 18,000 people; Google laid off 12,000 people; Microsoft laid off 10,000 people; and Salesforce laid off 7,000 people. And these...

How Generative AI Could Steer Commercial Trucking Insurance in New Direction

Apr 17 2023 // Generative AI is the next big technology trend in just about every industry. But for such a people-centric industry, how will ChatGPT, DALL-E 2 and Bing AI truly impact the insurance sector?Just ask ChatGPT, as some...

Senate Leader Calls for AI Rules as ChatGPT Surges in Popularity

Apr 14 2023 // Senate Majority Leader Chuck Schumer said Thursday he had launched an effort to establish rules on artificial intelligence to address national security and education concerns, as use of programs like ChatGPT becomes...

Robot Dog. Stolen Car Tracker. Security Cone. New York Police Go High-Tech

Apr 14 2023 // New York City officials unveiled three new high-tech policing devices Tuesday, including a robotic dog that critics called creepy when it first joined the police pack 2 1/2 years ago.The new devices, which also include a...

Markets/Coverages: Apollo Forms ICX Consortium to Drive Insurance Industry Innovation

Apr 13 2023 // Apollo, the London-based independent specialist re/insurer, announced its new ICX Consortium through its “Apollo ibott 1971” division, which provides data-driven embedded insurance solutions for the...

How Insurers Can Harness the Power of AI

Apr 12 2023 // Powered by InsuranceJournal.tvThere is a lot of talk about the insurance industry being slower to adopt new technologies, such as artificial intelligence, but Counterpart CEO Tanner Hackett and Socotra CEO Dan Woods both...