Latest InsurTech Headlines

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

InsureScan Expands Auto Insurance Tech Approach to Alabama

Sep 19 2022 // InsureScan, a company that says its software can help agents quote and bind auto coverage in a few minutes, has expanded to Alabama. CEO Mark Chappell, who is based in Alabama, said that while some insurance companies are...

New York Seeks Program Manager for $6.5M Fund for ‘Clean Tech’ Insurance Products

Sep 19 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support insurance innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...

Traffic, Water Shortages, Now Floods: The Slow Death of India’s Tech Hub?

Sep 16 2022 // Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, where his cousins would join him catching...

Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts

Sep 15 2022 // Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central Massachusetts in the city of Worcester. The company said the new Massachusetts office...

Senior Care Market Experiencing Revived Competition Amid Hi-Tech Boom

Sep 5 2022 // The insurance market for senior care and housing facilities has emerged from the volatile period of the pandemic and is again responsive and competitive. Premiums that were going up considerably are moderating in some...

New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager

Sep 2 2022 // New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that...

Commercial Auto Insurtech Fairmatic Raises $42M

Aug 31 2022 // Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding round to further expand its investment in the performance-priced fleet insurance...

Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re

Aug 31 2022 // Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a new $175 million sidecar vehicle, Flywheel Re.Flywheel will provide...

InsurTech Founders Say Launching an MGA Means Learning to Juggle

Aug 24 2022 // Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference.“I don’t know if I can...

Cyber MGA At-Bay Acquires Tech-Solutions Provider Relay

Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance placements.Financial...

Viewpoint: Can Intelligent Automation Ensure the Survival of the Insurance Industry?

Aug 19 2022 // The economic viability of the insurance industry’s current business model has been in question for several years. McKinsey’s 2022 Global Insurance Report shows that 52% of the industry’s global equity had...

AgentSync CTO and Co-founder Jenn Knight Talks Startups, Scaling, and SaaS at Collision 2022

Aug 15 2022 // This post is part of a series sponsored by AgentSync.Collision, one of the world’s largest technology conferences, wrapped up its annual tech extravaganza in June. Founded by Paddy Cosgrave, David Kelly and Daire...

Insurtech Startup Quotech Announces £1 Million Investment Led by Re/insurer Convex

Aug 8 2022 // Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number of angel investors and Convex Group Ltd., the international specialty insurer and...

Omaha, Nebraska to Host Insurtech on the Silicon Prairie in October

Aug 5 2022 // Nebraska Department of Insurance Director Eric Dunning announced that the Insurtech on the Silicon Prairie conference is back in-person and will be held on October 24 and 25. Omaha’s Holland Performing Arts Center...

Insurtech Pie Insurance Partners with Bold Penguin, Talage, and Tarmika

Aug 5 2022 // Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, announced strategic partnerships with three leading commercial insurance platforms: Bold Penguin, Talage, and...

MGA Incubator NuVenture Launches Product Recall MGA BluNiche

Aug 4 2022 // NuVenture International, which incubates and supports managing general agents (MGAs) in the UK insurance markets, has announced the launch of its third MGA, product recall insurance specialist BluNiche.BluNiche was founded...

Global Insurtech Investment Down 50% in Q2: Gallagher Re

Aug 4 2022 // Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker Gallagher Re said in a report on...

Viewpoint: Regulatory Interest in Big Data, AI More Than a Carrier Problem

Aug 4 2022 // The California Insurance Commissioner and the California Department of Insurance (CDI) recently issued a bulletin regarding industry bias and discrimination. The bulletin acknowledged allegations of bias and discrimination...

The Rising Value of Flexibility in Life, Work and AI

Aug 1 2022 // Innovation calls upon us to challenge existing paradigms.Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We’ve had to swim upstream to...

People Moves: AXA XL New Heads of E&S Property, Middle-Market; Aon Chief Innovation Hire

Jul 29 2022 // AXA XL promotes Chris Lee to Head of E&S property; Mathew Waters to Lead Middle MarketAXA XL has promoted Christopher Lee to lead its excess & surplus property insurance business. Based in New York, he reports to...