Latest InsurTech Headlines

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

Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance

Nov 26 2019 // C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial...

FEMA Envisions High-Tech Flood Insurance Program Using Parametrics, Blockchain

Nov 26 2019 // Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close the nation’s flood insurance coverage gap, according to a draft...

Home Insurance Insurtech Hippo Buys Home Services Startup Sheltr

Nov 25 2019 // Digital home insurance managing general agency Hippo Insurance has acquired an early-stage startup in a bid to beef up its digital home insurance services for clients, Carrier Management reported.The insurtech said it...

Watch Out Finance, Business, Tech Workers. Artificial Intelligence Is Coming.

Nov 21 2019 // Artificial intelligence is coming for America’s high-paid professions as it creates winners and losers across the labor market like never before.White-collar jobs and better-educated occupations along with production...

AXA XL Launches Risk Innovation Incubator Called ‘Cube’

Nov 20 2019 // AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for...

Insurtech Vouch Raises $45M, Announces Launch in California

Nov 20 2019 // Vouch Insurance this week announced a $45 million Series B investment round led by Y Combinator Continuity.Vouch also announced its launch in California, which the firm said represents 50 percent of the business insurance...

Salesforce Unveils Software Using Amazon AI to Speed Up Call Center Responses

Nov 20 2019 // Business software provider Salesforce.com Inc. said on Tuesday it would use artificial intelligence (AI) technology from Amazon.com Inc.’s cloud computing unit to improve customer service apps.Salesforce makes...

Microsoft Puts Israeli Facial Recognition Startup Under Ethics Microscope

Nov 18 2019 // Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company...

Florida Expands Access to Insurtech Services and Devices

Nov 18 2019 // On June 28, 2019, Florida Governor Ron DeSantis signed House Bill 301 into law and, in doing so, loosened regulatory restrictions and allowed insurers and their agents to utilize innovative technologies to reduce perils to...

Robotaxi Tech Proving Difficult to Perfect: Daimler CEO

Nov 15 2019 // Daimler has taken a “reality check” on self-driving “robotaxis,” acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential.Chief...

Hartford InsurTech Hub Welcomes Top Startups for 2020

Nov 15 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, has announced its 2020 cohort of startups. The past two cohorts have consisted of ten startups, and with the help of the Hub’s partners, the accelerator program...

Allianz Forms Partnership with Microsoft, Aiming to Transform Insurance Processes

Nov 14 2019 // Allianz SE and Microsoft Corp. announced a strategic partnership focused on digitally transforming the insurance industry, making the insurance process easier while creating a better experience for insurance companies and...

Insurtech Root Expands Into Renters Market; Product Launched in 3 States

Nov 14 2019 // Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month.In addition to covering customers’ personal property and...

How Brokers Influence Specialty Insurance Product Innovation

Nov 13 2019 // In an era of insurance transformation, where process simplification and flawless customer service are expected, innovation in policy and product is a must—especially when it comes to the non-traditional coverage aspects...

Insurtech Sales Platform Cover Genius Raises $10M for Expansion

Nov 13 2019 // Cover Genius, an insurtech that offers an insurance sales and payments tools to online retail, travel, property, shipping and other companies in multiple languages and countries, has raised $10 million in new...

Insurtech Pie Launches TV Campaign in California for Workers’ Comp

Nov 12 2019 // Workers’ compensation insurtech Pie Insurance has launched its first national television advertisement campaign with an initial focus in California.The two 30-second spots depict Pie coming to the rescue,...

Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License

Nov 12 2019 // Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products.While Zego will still work in tandem with its growing network of insurer...

Imagining How Technology Might Transform Risks and Insurance by 2030

Nov 7 2019 // As 2019 wraps up, many in the insurance industry are likely well into planning for the next year.But what about planning for the next decade? While it can be difficult to predict what’s ahead in 10 years, industry...

Uber’s Self-Driving Car That Killed Pedestrian Lacked Tech to Detect Jaywalkers

Nov 7 2019 // Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety...

Ergonomic Tracking Helps Cut Workers Comp Claims but Privacy Concerns Remain

Nov 6 2019 // Every morning when he goes to work in the freezer room of a warehouse in eastern Pennsylvania, Jack Westley throws on a hooded sweatshirt to keep warm and grabs a radio to talk to his coworkers. He was recently given a new...