Latest Startups Headlines

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

AXA XL Launches Risk Innovation Incubator Called ‘Cube’

Nov 20 2019 // AXA XL Insurance launched Cube, a risk innovation incubator, a six-week program designed to enable risk managers to work alongside AXA XL risk and innovation experts to develop innovative risk management solutions for...

Microsoft Puts Israeli Facial Recognition Startup Under Ethics Microscope

Nov 18 2019 // Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company...

Hartford InsurTech Hub Welcomes Top Startups for 2020

Nov 15 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, has announced its 2020 cohort of startups. The past two cohorts have consisted of ten startups, and with the help of the Hub’s partners, the accelerator program...

Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License

Nov 12 2019 // Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to build and sell its own products.While Zego will still work in tandem with its growing network of insurer...

Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018

Oct 25 2019 // Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced Wednesday.According...

Female Entrepreneur Forging Path in Insurtech Space with AI-Powered Chatbot ‘LeO’

Oct 21 2019 // Like many people, entrepreneur and former Israeli tech journalist turned insurtech founder Liri Halperin never expected she would end up in the insurance business. But an insurance buying experience almost four years ago...

Global Insurance Accelerator Boosts Its Funding for Insurtech Startups

Oct 3 2019 // The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020.Nicole Gunderson, managing director for the GIA, said the increase is a way for the GIA,...

Agencies Form Venture to Accelerate, Invest in Insurtech Startups for Agents, Brokers

Sep 19 2019 // Six insurance agencies from across the country have joined together to form a program specifically for investors and innovators behind technology innovations for insurance agencies and brokerages.The new entity, BrokerTech...

Specialty Lines Insurance: Innovating at the Edges of Society and the Economy

Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...

Startup Agency Zeguro Helps Businesses Manage Cyber Risk and Insurance Premiums

Sep 16 2019 // Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways.The San Francisco-based managing general agency describes itself as an “end-to-end cyber...

Surplus Lines: Innovation Incubator

Sep 16 2019 // The surplus lines marketplace is often viewed as the insurer of last resort, the marketplace for bad risks with poor loss records. But particularly in a time of great economic growth like now — we’re also the...

Prudential to Pay $2.35 Billion for Insurtech Startup Assurance IQ

Sep 6 2019 // Prudential Financial Inc. is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying...

Greenlight Re Invests in New Zealand Insurtech Startup Cove

Jul 23 2019 // Greenlight Re Innovations (GRI), a subsidiary of specialist property and casualty re/insurer Greenlight Capital Re Ltd., announced it has made a strategic investment in Cove Ltd., a New Zealand-based personal lines...

Hartford InsurTech Hub Opens Applications for Accelerator Program’s Third Year

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...

European E-Scooter Startup Dott Raises $34M with Plans to Offer Insurance

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...

Aon, Insurtech Startup Etherisc Launch Blockchain-Based Agriculture Insurance

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...

U.S. Jury Finds Huawei Stole Silicon Valley Startup’s Trade Secrets

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...

Lloyd’s Invests in AI Startup Offering Liability Insurance Platform for Small Businesses

May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance.The investment follows Layr’s successful trial in the...

Hartford InsurTech Hub Holds Demo Day, Completes Second Accelerator Program

Apr 30 2019 // Hartford InsurTech Hub, powered by Startupbootcamp, hosted its second Demo Day at the Bushnell Performing Arts Center in Hartford, Conn., on April 26.The InsurTech Accelerator is the first component of Hartford InsurTech...

Pro Global to Buy UK MGA Incubator, Vibe MGA Management

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...