All the headlines from our InsurTech Topic Page, ordered by recency.
Jul 19 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, has opened applications for the third year of its accelerator program.Insurance Technology (InsurTech) startups that have shown strong traction and are looking to connect...
Jul 17 2019 // Specialist insurance provider CFC Underwriting has added a range of free risk management services to its insurance offering for technology companies.CFC, which is a London-based managing general agent, said it has teamed...
Jul 17 2019 // RiskGenius, which provides natural language tools for improving the quality and accuracy of insurance policies, has completed a Series B financing led by Hudson Structured Capital Management.The company said it has also...
Jul 17 2019 // Two years ago Nasdaq Inc. and Citigroup Inc. announced a new blockchain system they said would make payments of private securities transactions more efficient. Nasdaq Chief Executive Adena Friedman called it “a...
Jul 17 2019 // It is an insurtech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making significant inroads toward...
Jul 15 2019 // SkyWatch.AI, the on-demand, telematics-based insurance platform, has launched in the United Kingdom following last year’s launch in the United States.SkyWatch.AI’s UK policies will be underwritten by specialty...
Jul 15 2019 // A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services...
Jul 15 2019 // Insurers need to learn to share their data if they want to take full advantage of the mountain of information generated from connected devices, insurtech executives say. Along the way, somebody’s got to figure out...
Jul 15 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...
Jul 11 2019 // International Business Machines Corp. on Wednesday threw its support behind enacting a new policy to limit liability protections enjoyed by internet platforms such as Alphabet Inc.’s Google, Twitter Inc. and Facebook...
Jul 10 2019 // Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in the market worked...
Jul 8 2019 // European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South Africa’s Naspers to launch an electric bike hiring business and roll out new generations of...
Jul 1 2019 // Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture insurance for smallholder farmers in Sri Lanka.Nearly 200 Sri Lankan...
Jul 1 2019 // The combined global losses from natural disasters in 2017 and 2018 were the highest ever for a two-year period. While no single major catastrophe caused massive destruction in 2018, nearly 400 smaller natural disasters...
Jul 1 2019 // There used to be a time when independent insurance agents were wary of what disruption insurtech might bring.They feared a future where all insurance transactions were done digitally — eliminating the need for the...
Jun 28 2019 // A federal jury in Texas has ruled that Huawei stole trade secrets from a Silicon Valley startup, but it didn’t award any damages.After a three-week trial, jurors in U.S. District Court in Sherman, Texas, determined...
Jun 27 2019 // Indiana’s Supreme Court has decided IBM Corp. must pay the state more than $70 million over the company’s failed effort to automate much of the state’s welfare services. The court ruling upholds lower...
Jun 26 2019 // A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks.The Product...
Jun 26 2019 // As Congress bears down on big tech companies, two senators want to force giants like Google, Facebook and Amazon to tell users what data they’re collecting from them and how much it’s worth.The legislation...
Jun 26 2019 // Insurers need to learn to share their data if they want to take full advantage of the mountain of information generated from connected devices, insurtech executives say. Along the way, somebody’s got to figure out...