All the headlines from our InsurTech Topic Page, ordered by recency.
Oct 10 2019 // Denver, CO, October 10, 2019 – It’s all about data and analytics in the insurance industry today, and agencies are leaning into advancements in InsurTech to better their business. The transition to a data-driven...
Oct 8 2019 // As insurers embrace insurtech in multiple ways, The Hanover Insurance Group’s Richard Lavey offers some advice: Not everything works as initially envisioned, and that’s OK.“‘If you build it, they...
Oct 8 2019 // FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re to now support insurers in their fight against fraud.Following their...
Oct 7 2019 // Somewhere in central Michigan, a pickup truck drives into a sleepy suburban neighborhood. An autonomous drone takes flight off the truck’s flatbed and, nearly silently, heads a half-mile east, slowing above a...
Oct 7 2019 // Insurtech Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re.Palo Alto-based Next said it plans to use the Series C cash infusion to scale up its small business insurance products...
Oct 7 2019 // People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive.Chris Colborn, chief experience officer for the Lippincott creative consulting firm, opened...
Oct 4 2019 // Des Moines, Iowa-based BrokerTech Ventures, a broker-led investor group and accelerator program, is has added four new investor partners, including Assurance, Graham Company, InterWest Insurance Services, and Hylant...
Oct 4 2019 // Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen.How can this be? The unique makeup of cyber risks continues to hold them back,...
Oct 3 2019 // Pennsylvania Gov. Tom Wolf on Thursday ordered his administration to start working on regulations to bring Pennsylvania into the Regional Greenhouse Gas Initiative.The initiative is a nine-state consortium that sets prices...
Oct 3 2019 // The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020.Nicole Gunderson, managing director for the GIA, said the increase is a way for the GIA,...
Oct 3 2019 // It’s no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and insurtech experts said...
Oct 1 2019 // Nationwide plans on striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers.Spire, which will be rolled out in the 2019...
Sep 26 2019 // Artificial intelligence provider, omni:us has been awarded €1.6 million ($1.8 million) from the European Commission* to help it further develop its machine learning powered insurance claims platform.The grant to...
Sep 26 2019 // LAS VEGAS — People who buy gasoline generally don’t care for the product or enjoy the experience of pumping gas: They just want to drive.Chris Colborn, chief experience officer for the Lippincott creative...
Sep 24 2019 // It’s time to rethink the limits of parametric insurance.The concept behind parametric insurance is not new. Insurance payouts automatically triggered by an event exceeding an index level have existed for decades....
Sep 23 2019 // Bold Penguin, a Columbus Ohio commercial insurance technology provider, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 million since it started in...
Sep 19 2019 // The Society of Insurance Research (SIR) will hold their 49th Annual Conference on October 20th – 22nd at the Sheraton Charlotte Hotel in Charlotte, NC and I am thrilled to be attending. The theme for this year’s...
Sep 19 2019 // Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages.The new entity, BrokerTech...
Sep 18 2019 // Traditional home insurers appear to be in need of an image change, and that, in turn, could create a big opportunity for insurtech startups, according to the latest J.D. Power U.S. Home Insurance study.Approximately 74...
Sep 17 2019 // The Global Insurance Accelerator (GIA), a Des Moines, Iowa-based InsurTech accelerator focused on innovation for the insurance industry, says 17 companies will participate in its fifth annual InsurTech Week, being held...