All the headlines from our InsurTech Topic Page, ordered by recency.
May 7 2018 // Here’s to ruffling feathers: Indeed, entities do exist in the insurance industry that do not look after their customers adequately. Carriers also exist that scrimp on claims, and some take shortcuts in underwriting,...
May 3 2018 // State Automobile Mutual Insurance Co.’s newly launched $25 million venture fund has made its first investment. The lucky winner is Matterport, a 3-D documentation firm that can be used in underwriting and...
May 3 2018 // QBE Insurance Group Limited (QBE) through its QBE Ventures, has closed an investment into HyperScience, a machine learning company focused on building artificial intelligence products for automating office work.In addition...
May 2 2018 // Insurtechs may be trying to transform how carriers, brokers and agents do business, but customers aren’t widely aware of their existence just yet, J.D. Power has determined.J.D. Power, which focused mostly on the...
May 1 2018 // Technology companies have an obligation to address the unintended consequences of advances like artificial intelligence and innovations that enable damaging cyber-attacks, said Atti Riazi, chief information technology...
May 1 2018 // Austin-based electronic insurance payment processing firm, ePayPolicy, on May 2 will begin accepting applications for its ePayPolicy InsurTech Award which aims to recognize the insurance agency that has best leveraged...
Apr 30 2018 // A former student expelled from Virginia Tech after being arrested on a gun charge is suing the school and police officials in federal court.Yunsong Zhao filed a complaint Thursday saying police violated his rights in...
Apr 30 2018 // China’s Baidu Inc. said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it looks to deepen its push...
Apr 27 2018 // The world must prepare for potential malicious use of artificial intelligence (AI) by rogue states, criminals and terrorists, according to a report by a group of 26 security experts.Forecasting rapid growth in cybercrime...
Apr 26 2018 // Lloyd’s of London has chosen innovation specialist L Marks and The Boston Consulting Group (BCG) to support the set-up and operation of the Lloyd’s Lab, a technology center set to launch in the second half of...
Apr 25 2018 // The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent...
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Apr 20 2018 // Tokio Marine Kiln (TMK), the specialist and corporate insurance business, announced it has formed a strategic agreement with Australian insurtech firm Evari.The agreement will allow TMK to access Evari’s digital...
Apr 18 2018 // Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm for the biggest Chinese tech companies and also how quickly...
Apr 17 2018 // Tech companies pose a clear challenge to banks and none more so than Amazon, which is reported to be in talks with JPMorgan Chase and other big retail banks to create a checking-account-like offering aimed at younger...
Apr 17 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 today...
Apr 17 2018 // Toyota Motor Corp. plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the Japanese automaker said on Monday, potentially preventing thousands of accidents...
Apr 16 2018 // The insurance industry is not the only focus of the Madison, Wisconsin-based startup accelerator, gener8tor, but insurance is its oldest and largest operational sector.Founded in 2012 by attorneys Troy Vosseller and Joe...
Apr 16 2018 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
Apr 16 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...