All the headlines from our InsurTech Topic Page, ordered by recency.
May 31 2018 // The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led to doubts about whether these...
May 30 2018 // The small business market is big. The U.S. small commercial market represents about one-third of the total commercial lines market and generates between $99 billion and $103 billion in direct written premium, according to...
May 25 2018 // As Europe’s new privacy law took effect on Friday, one activist wasted no time in asserting the additional rights it gives people over the data that companies want to collect about them.Austrian Max Schrems filed...
May 24 2018 // Next Insurance, which debuted in 2016 as a digital insurance agency for small to medium-size businesses, is repositioning itself by becoming a licensed insurance carrier.The company says it has received its first license...
May 23 2018 // A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker.“I wanted to solve...
May 22 2018 // Consultant Capgemini and the not-for-profit Efma have launched a platform designed to bring fintechs and insurtechs together with traditional banks and insurers around innovation.The portal, named FinTechVisor, will have a...
May 22 2018 // Regulators are beginning to teach robots who’s the boss.After spending billions of dollars on cutting-edge artificial intelligence technologies, Europe’s banks and insurers face tougher scrutiny of the tools...
May 22 2018 // Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of Insureon.Insureon, a bit of a disruptor itself,...
May 21 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
May 21 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published in...
May 17 2018 // Over the last year or so, the insurance industry has seen technological advances driving new products and distribution means to market. We have seen “insurtech” blossom from a term to describe the intersection...
May 17 2018 // Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B insurtech development platform.Nephila is leading the facility with participation from Markel Digital, the insurtech group within...
May 15 2018 // Andy Trench made $2,000 a day in 2015 taking sky-high photographs along the East Coast with a drone he made himself. Now, that same work fetches about $175.“It’s apparent that a lot of this industry is a race...
May 11 2018 // A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t...
May 11 2018 // Insurers can seize major growth opportunities by redesigning work, bringing in new talent, and pivoting their existing workforces to work with artificial intelligence (AI), according to a new repot by Accenture.The report,...
May 10 2018 // The White House plans to convene a meeting on Thursday on the future of artificial intelligence in U.S. industry with major companies including Facebook Inc., Amazon.com Inc., Google parent Alphabet Inc. and Oracle Corp....
May 9 2018 // California-based At-Bay, a digital cyber risk monitoring and insurance firm, reports it raised $13 million in Series A funding, bringing the start-up’s total funding to $19 million.At-Bay is developing what it calls...
May 9 2018 // Nationwide has made an investment in Betterview, a machine learning insurtech startup that focuses on analyzing data from drones, satellite and other aerial imagery.Betterview said it will use the undisclosed amount of...
May 7 2018 // The battle among auto insurers to win and retain business is as heated as it has ever been.A combination of record-low volumes of new insurance shoppers, consistent price competition among insurers and emerging...
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...