All the headlines from our InsurTech Topic Page, ordered by recency.
May 20 2019 // Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand...
May 20 2019 // To say the agency technology space is robust is an understatement.Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
May 20 2019 // The insurance industry is undergoing a technological transformation. Insurers are moving data to the cloud, using artificial intelligence and beginning to prepare for a potential blockchain economy. Products and services...
May 16 2019 // The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world’s top supplier of...
May 15 2019 // Newfront Insurance in San Francisco, Calif. has named Mike Daoussis a principal and head of program innovation. Daoussis will focus on building programs for Newfront. Daoussis has more than 43 years of experience in the...
May 10 2019 // The Massachusetts Institute of Technology (MIT) and Liberty Mutual Insurance announced a $25 million, five-year collaboration to support artificial intelligence (AI) research in computer vision, computer language...
May 10 2019 // Insurtech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months...
May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance.The investment follows Layr’s successful trial in the...
May 9 2019 // Starr Insurance Companies and SkyWatch Ltd. have expanded the SkyWatch.AI drone insurance program to allow drone operators to purchase insurance from Starr through a SkyWatch.AI link, which will be available on select...
May 7 2019 // Robots are getting more humanoid every day, but they still can’t be sued.So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a chunk of his fortune to...
May 6 2019 // Veruna, a Massachusetts-based insurance technology developer of an agency management system built on the Salesforce platform, said it completed a $6 million Series A funding round. Founded in 2015, Veruna offers a...
May 6 2019 // E.coli in beef. Metal shavings in bread crumbs. Contaminated water on vegetables. The food industry has its share of quality control scandals and their insurers have had their share of claims.Some believe food would be a...
May 3 2019 // Microsoft Corp. on Thursday announced new tools for software makers aimed at making technologies such as artificial intelligence and blockchain easier for businesses to use.Microsoft released the tools ahead of its...
May 2 2019 // Nsure, an all-digital licensed insurance agency based in Florida, has introduced technology to provide real-time quote comparisons for home and auto insurance through a digital platform that allows customers to purchase...
Apr 30 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, hosted its second Demo Day at the Bushnell Performing Arts Center in Hartford, Conn., on April 26.The InsurTech Accelerator is the first component of Hartford InsurTech...
Apr 29 2019 // The distracted driving report by Zendrive, a traffic-data startup, makes it clearer and clearer each year that millions of Americans can’t stop themselves from talking, texting and livestreaming—yes, even using...
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm.Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are...
Apr 26 2019 // Just shoot them down?After troublesome drones infiltrated London’s Gatwick airport late last year, disrupting passenger flights and costing potentially millions of pounds in revenue, that was the instinctive question...
Apr 25 2019 // Cover, a mobile-first insurance brokerage, has begun selling its own auto insurance policies in Texas.The new service — an evolution from the company’s nationally-licensed insurance brokerage — combines a...
Apr 25 2019 // Pro Global Insurance Solutions, the London-based re/insurance consultant and service provider, announced it will acquire Vibe MGA Management Ltd. (VibeMM), an MGA incubator business.Pro is acquiring VibeMM from Vibe UK...