All the headlines from our InsurTech Topic Page, ordered by recency.
Sep 10 2020 // ACORD, the standard setting body for the global insurance industry, is experiencing a massive jump in global reinsurance and other industry interest in its digital products and services, CEO Bill Pieroni said.The increase...
Sep 2 2020 // The Indonesian digital insurance agency PasarPolis said it raised $54 million in a Series B funding round, in what it said is the largest Series B funding for an insurtech firm in the region.The company said the investors...
Sep 2 2020 // NEW DELHI/MUMBAI — Amazon.com Inc. has added insurance and even gold to its menu of financial services in India, to expand its customer base and attract more subscribers to its Prime loyalty program in a battleground...
Aug 28 2020 // CFC, a specialist insurance provider of emerging risks, has expanded its suite of products for financial institutions with the launch of a new product built specifically to cover the risks faced by organizations operating...
Aug 25 2020 // Columbus, Ohio-headquartered personal lines insurance startup Branch has launched the Branch Insurance Exchange that it says will reduce the cost for its members.Branch formerly operated as a managing general agency,...
Aug 25 2020 // Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two...
Aug 25 2020 // Foresight offers an innovative workers’ compensation program for safety-critical verticalsSan Francisco, CA, August 18, 2020 – Foresight recently announced its technology-first workers’ compensation...
Aug 24 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
Aug 24 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Aug 19 2020 // Cyber analytics firm Arceo.ai has named Thomas Gamble as executive vice president and global chief distribution officer. Gamble will be based in Arceo’s New York offices. Gamble has experience in mergers and...
Aug 16 2020 // Shares of Duck Creek Technologies Inc. soared on their Nasdaq debut on Friday, after the software company serving the property and casualty insurance market raised $405 million in its upsized initial public offering...
Aug 14 2020 // An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance...
Aug 14 2020 // It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and technology divisions that offer a variety of insurtech-type solutions for...
Aug 13 2020 // Willis Towers Watson announced the appointment of Fiona Shaw as its new head of data, analytics and innovation for its Global Fac division.Shaw has extensive insurance, reinsurance and analytics experience having spent...
Aug 11 2020 // The Lloyd’s re/insurance market announced the latest cohort of insurtech disruptors that will join its Lloyd’s Lab innovation accelerator program with a focus on COVID-19 products and solutions.The insurtechs...
Aug 10 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtechs raised $1.56 billion during the second quarter.The total, up 71% over Q1, was driven in part by later-stage...
Aug 6 2020 // Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive...
Aug 3 2020 // CoverWallet, an Aon company and digital insurance platform for businesses, has launched a digital insurance product for venture capital (VC)-backed startups. The new management liability package offers VC-backed startups...
Aug 3 2020 // Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co. Ltd,. also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging it has infringed on its patents.The company is calling...