All the headlines from our InsurTech Topic Page, ordered by recency.
Jul 30 2020 // Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across the United States, in one of the largest rollouts of such technology among retailers in the...
Jul 29 2020 // Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of bringing data science, AI and machine learning capabilities to the...
Jul 29 2020 // InsurTech NY has announced that it will be accepting applications for its growth-stage InsurTech accelerator.The application window will be open from July 21 to August 17, and applications will be accepted through the...
Jul 29 2020 // With the National Oceanic and Atmospheric Administration (NOAA) warning 2020 will see “above-normal” hurricane activity, Skytek, in collaboration with Aon plc, has responded to the needs of marine re/insurance...
Jul 29 2020 // Aritra Chakravarty, founder of London-based online accounts and investments provider Dozens, admits it’s a tough time to be seeking up to 15 million pounds ($19 million) for a start-up.“It’s definitely a...
Jul 28 2020 // Republican Senator Josh Hawley on Tuesday introduced legislation that would penalize large tech companies that sell or show targeted advertisements by threatening a legal immunity enjoyed by the industry — the latest...
Jul 28 2020 // London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of...
Jul 28 2020 // Following the COVID-19-induced slowdown in global insurtech investment during the first months of 2020, insurtech firms raised $1.56 billion during the second quarter.The total, up 71% over Q1, was driven in part by...
Jul 21 2020 // Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a $150 million financing round.The Palo Alto, California-based startup is valued in the investment...
Jul 21 2020 // Travel insurance provider battleface announced a new COVID-19 travel insurance package. The new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries...
Jul 21 2020 // While a resurgence in coronavirus cases in Texas has brought many businesses to a screeching halt, eight robots have kept All Axis Machining’s metal fabrication facility in Dallas humming.The small, nimble robots...
Jul 20 2020 // Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the first of India’s mega-startups to debut as its digital economy booms.The startup plans...
Jul 20 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...
Jul 17 2020 // A surge in COVID-19 cases is forcing InsureTech Connect – one of the world’s largest insurance technology conferences – to go fully digital for its annual fall gathering.ITC has scheduled ITC World Tour, a...
Jul 16 2020 // Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%, according to a report published by Allianz Global Corporate & Specialty (AGCS).However, the...
Jul 16 2020 // Even though accelerating hard market conditions may seem ideal for a growing crop of professionals with designs on starting up insurance and reinsurance companies, garnering AM Best ratings still won’t be easy for...
Jul 15 2020 // Autopilot, ProPilot, CoPilot: Automakers have many names for new systems that allow for hands-free driving, but no safety or performance standards to follow as they roll out the most significant changes to vehicle...
Jul 9 2020 // There’s a fairly large flaw in the way that programmers are currently addressing ethical concerns related to artificial intelligence (AI) and autonomous vehicles (AVs). Namely, existing approaches don’t account...
Jul 9 2020 // A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing.Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service insurance provider with a...
Jul 9 2020 // Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber risk exposure.The CRA-Zones™ framework defines the minimal elements needed to...