All the headlines from our InsurTech Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
Apr 11 2023 // Arch Insurance today said it has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by the job, month or year using app, website, or over the phone.Terms were not disclosed....
Apr 11 2023 // A US Commerce Department agency is opening an inquiry into how companies and regulators can ensure that artificial intelligence systems are trustworthy, legal and ethical.The probe by the National Telecommunications and...
Apr 11 2023 // The UK’s Financial Conduct Authority hired more than 150 people into its Data, Technology and Innovation division in the past year as the regulator looks to ramp up its tech capabilities.The hires are part of...
Apr 10 2023 // Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models,...
Apr 6 2023 // A crucial safety system that’s relied on to avoid potentially fatal collisions at major US airports is aging and plagued by outages that have left travelers unprotected for months at a time. At some airports, it...
Apr 5 2023 // U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before...
Apr 5 2023 // The pandemic kickstarted the new wave of accepting and using innovative systems and methods in the insurance industry. It opened eyes to the ways that innovations and technology could do more than just efficiently get the...
Apr 5 2023 // Parsyl, the Denver-based insurer of essential supply chains, announced the launch of its new Essential Consortium at Lloyd’s of London.The multi-year arrangement initially will bring $20 million in new capacity to...
Apr 3 2023 // Trium Cyber is the industry’s first Lloyd’s-approved company to provide mono-line cyber coverage for U.S. risks.Launched in January 2023, the full stack surplus lines insurer has joined the ranks of new...
Mar 30 2023 // The Lloyd’s marketplace announced it has invited 13 insurtechs to join the next cohort of its innovation accelerator, the Lloyd’s Lab, following a competitive pitch process where the firms presented innovative...
Mar 30 2023 // Tremor Technologies Inc., the Boston-based reinsurance pricing and placing platform, has launched a catastrophe bond issuance platform called Tremor Issuer™.Tremor Issuer is part of the suite of Tremor services that can...
Mar 30 2023 // Artificial intelligence experts and industry leaders, including Elon Musk, University of California Berkeley computer science professor Stuart Russell and Apple Inc. co-founder Steve Wozniak, are calling on developers to...
Mar 27 2023 // Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and technology E&O. The company has been trading its admitted solution for...
Mar 23 2023 // Ranger, an “agent-first insurance technology company,” has launched in Arizona in what is planned as the first state in a multi-state national rollout.Ranger touts itself as an insurtech to elevate the role of...