All the headlines from our InsurTech Topic Page, ordered by recency.
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...
Apr 23 2019 // California’s technology sector has had a tough year with state and federal policymakers, to say nothing of the general public. Concerns about the size and scope of internet firms have led to a “techlash,”...
Apr 23 2019 // Minneapolis-St.Paul – April 23, 2019 – The OnRamp Insurance Accelerator, in partnership with Allianz Life, Securian Financial and gener8tor, is accepting applications from startups seeking to be a part of the...
Apr 23 2019 // Apple is being sued for $1 billion in damages by an 18-year-old college student who blames the company’s facial recognition software for his false arrest and for wrongly tying him to thefts at Apple stores in several...
Apr 22 2019 // Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate...
Apr 19 2019 // The bill that turned Illinois into the focal point of a bitter debate over car-sharing last year started as a proposal about what happens when a rental car is stolen. The legislation, which would allow rental companies to...
Apr 18 2019 // For four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. As...
Apr 15 2019 // The insurance industry is slowly recognizing the potential of chatbots to free up resources and improve customer service, even as it recognizes the potential of the technology to sour relationships with customers,...
Apr 15 2019 // Becoming the chief insurance regulator of a large and populous state with the second largest insurance market in the country was never in Kent Sullivan’s game plan.But when Texas Gov. Greg Abbott asked Sullivan to...
Apr 11 2019 // The biggest tech companies want the public to know that they’re taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants...
Apr 11 2019 // Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D funding round led by SoftBank Group with participation from Allianz, General...
Apr 10 2019 // Transportation agencies and first responders may soon get help from artificial intelligence to determine the best evacuation routes during floods such as those affecting portions of Missouri and the Midwest.Researchers at...
Apr 10 2019 // The insurance industry is entering a new “post-digital” era where success is based on an organization’s ability to master artificial intelligence (AI) and other new technologies. The post-digital era...
Apr 9 2019 // Lansing, Michigan-based PROTO InsurTech, a business accelerator and equity investment fund led by Lansing Economic Area Partnership (LEAP), said three new international high-tech startups have begun operating in...
Apr 9 2019 // The U.K. joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity.The government outlined plans...
Apr 8 2019 // Facial recognition technology was already seeping into everyday life — from photos on Facebook to police scans of mugshots — when Joy Buolamwini noticed a serious glitch: Some of the software couldn’t detect...
Apr 5 2019 // It’s a big question for many people in traffic-dense cities like Los Angeles: When will self-driving cars arrive? But following a series of high-profile accidents in the United States, safety issues could bring the...