Latest InsurTech Headlines

All the headlines from our InsurTech Topic Page, ordered by recency.

Romanian Firm UiPath Ascends as Leader in Automating Business Tasks Such as Claims

Mar 7 2018 // Romanian firm emerges as leader in automating business tasksRomanian software firm UiPath has raised $153 million in new venture financing, marking both the company’s rapid ascent as a leader in automating routine...

Introducing the InsurTech Capitals of the World

Mar 7 2018 // Not so long ago, Hartford, Conn., was widely known as the insurance capital of the world. Today, interest has shifted to technology-led insurance firms, or InsurTechs, raising the question: Where is the InsurTech capital...

Workers’ Compensation Insurtech Pie Insurance Starts Selling in 4 States

Mar 6 2018 // Digital agency Pie Insurance said it is ready to start selling its workers’ compensation policies in four states this month, with a goal of operating in as many as 20 states by the end of 2018.The startup that claims...

Automakers, Tech Firms Urge Congress to Speed Up Autonomous Vehicles

Mar 6 2018 // Major automakers on Monday joined forces with tech companies and a variety of interest groups to urge the U.S. Senate to take up, before the end of May, a stalled bill aimed at speeding the deployment and testing of...

Risk Innovations in Atlanta Promotes Smith, Yost

Mar 6 2018 // Risk Innovations, a national wholesaler that specializes in personal lines insurance and workers’ compensation, has made two promotions in its Atlanta office. Kathryn Powell Smith Kathryn Powell Smith, who has led...

5 Strategies for Success in Small Business Market

Mar 5 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...

Startup Modeler Jupiter Wants to Better Predict Impacts of Climate Change

Mar 1 2018 // A startup modeling firm named Jupiter is reaching for the stars in its quest to better model for the impacts of climate change.The firm recently launched what its calling a “transformative cloud-based technology...

Guest Post: Who Is Liable When No One Is Driving? Part 3

Feb 28 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...

Why Financial Tech Startups Need Incumbents to Succeed

Feb 28 2018 // Financial technology startups are seeing no shortage of venture dollars flowing their way, but there are increasing concerns over whether they can survive without partnering with the industry they’re seeking to...

Allianz Investment Unit Provides Funding for Fintech Startup C2FO

Feb 27 2018 // Financial technology startup C2FO raised $100 million in funding in a new round led by the investing arm of global insurance and asset management giant Allianz SE as well as Abu Dhabi’s Mubadala Investment Co.With...

Guest Post: Who Is Liable When No One Is Driving? Part 2

Feb 21 2018 // We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous...

Artificial Intelligence Raises Real Risks from Malicious Hackers, Rogue States

Feb 21 2018 // Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted...

What 11 Top Executives Think About Insurance Careers

Feb 20 2018 // The third annual Insurance Careers Month kicked off with the annual Insurance Careers Movement (ICM) Town Hall on Feb. 1 in Chicago. Co-hosted by A.M. Best and ICM, the virtual event assembled executives from companies...

Why Agencies Need Creativity in Hiring Now More Than Ever

Feb 19 2018 // As the economy continues to improve, insurance agencies are finding that hiring and retaining qualified employees, which is never easy, has become even more of a challenge. It’s become tougher even though salaries at...

Insurance Industry Trends for 2018: A Top 5 Countdown

Feb 19 2018 // Bring up the insurance industry as fodder for cocktail party conversation, and the universal response is oftentimes a collective yawn. But for those in the know, the insurance sector — with a domestic surplus...

Zurich, Insurtech Startup CoverWallet Offer End-to-End Insurance for SMEs in Spain

Feb 16 2018 // Zurich Insurance has launched ZurichEmpresas.es, a new digital distribution channel, which initially will provide insurance solutions for small-and-medium-sized enterprises (SMEs) in Spain.The platform, powered by...

‘Public Is Tired of Excuses’ for Delays in Anti-Crash Tech: Republican Chairman

Feb 16 2018 // The chair of a congressional committee on Thursday urged U.S. railroads and transit agencies to meet a looming deadline to install an anti-crash technology called positive train control after a series of recent...

The High Cost of Cybercrime to Insurers and Banks

Feb 15 2018 // Cyberattacks cost financial-services firms more to address than any other industry and the rate of breaches in the industry has tripled over the past five years, according to a report from Accenture and the Ponemon...

Guest Post: Who Is Liable When No One Is Driving? Part 1

Feb 14 2018 // This week (and for the next few weeks) we are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who...

Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’

Feb 14 2018 // Insurers need to be thinking about blockchain technology and virtual currencies like bitcoin and how to approach these areas of emerging risk as they become harder to ignore, according to panelists at the 2018 Professional...