All the headlines from our InsurTech Topic Page, ordered by recency.
Jun 10 2020 // With the immense financial and operational challenges brought on by the spread of the COVID-19 pandemic, many insurers have had to dramatically cut back on insurtech funding. Insurtech solutions were starting to help...
Jun 5 2020 // Home insurance insurtech agency Hippo plans to acquire New Jersey-based Spinnaker Insurance Co., an insurer with which it has has had a three-year partnership.The deal, first reported by Carrier Management, is designed to...
Jun 3 2020 // An advocacy group backed by the tech industry sued President Donald Trump on Tuesday over his executive order that would weaken a law protecting online platforms including social media companies that label or fact-check...
Jun 2 2020 // AXA XL’s North America Construction insurance business is launching the Construction Ecosystem, a digital platform that aggregates data to provide AXA XL’s contractor clients with insights to help manage risks...
Jun 1 2020 // Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date.Kentucky makes it the fifth state to now offer...
May 29 2020 // Another former cadet has filed a lawsuit against Virginia Tech over being suspended in connection with a blood-pinning ceremony.The lawsuit filed Wednesday in federal court alleges the university violated the due process...
May 29 2020 // Google has called on the European Union to use current EU laws to govern the use of artificial intelligence rather than draft new ones and cautioned against a one size fits all regulatory framework because of AI’s...
May 28 2020 // Workers’ compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments.Gallatin Point Capital joined the insurtech’s current investors in the capital raise,...
May 28 2020 // Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to the Brazilian market.Recent regulatory changes in Brazil have enabled...
May 27 2020 // Boston, MA, MAY 27, 2020— Openly Insurance, a tech-forward company that specializes in premium homeowners insurance and is backed by powerhouse investors such as Gradient Ventures, Google’s AI investment fund, is...
May 22 2020 // Fire-risk scores now used by insurance underwriters can sometimes can make it challenging for homeowners to find coverage.Zesty.ai, a California insurtech start-up, is among a handful of firms working to fine-tune...
May 21 2020 // Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture financing earlier this year to fuel development of new products and a global...
May 21 2020 // Harnessing today’s technology to fight the coronavirus pandemic is turning out to be more complicated than it first appeared.The first U.S. states that rolled out smartphone apps for tracing the contacts of COVID-19...
May 20 2020 // West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for...
May 19 2020 // Sony Corp. said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion).The deal will allow the Japanese...
May 18 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...
May 15 2020 // Envelop Risk, the UK cyber underwriting and risk analytics business, announced a Series A investment of approximately $6 million.The funding round was led by artificial intelligence specialist investor Alpha Intelligence...
May 15 2020 // Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop parametric products designed to help close the growing...
May 14 2020 // London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets.Zego is offering usage-based policies to delivery, courier or trade van fleets of 20-200 vehicles in the...
May 11 2020 // Tokio Marine, the Tokyo-based property and casualty insurer, will use an artificial intelligence (AI) solution to process auto damage across its insurance operations in Japan, accelerating claims processing for...