Latest Tech Headlines

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

Scrutiny of Alibaba in Record Cyber Breach May Ensnare All China Tech

Jul 15 2022 // Questions surrounding Alibaba Group Holding Ltd.’s role in China’s largest known cybersecurity breach may fuel Beijing’s resolve to clamp down on domestic tech giants and accelerate a move away from their...

German Insurtech wefox Raises $400M, Increasing Valuation to $4.5B

Jul 12 2022 // Berlin insurtech wefox reports it has closed a Series D funding round of US$400 million and increased its valuation to US$4.5 billion.The round included both equity and debt. Abu Dhabi sovereign investor Mubadala...

Insurtech Venture Capital Fund Seeks Digital MGA Startups for Lab

Jul 8 2022 // InsurTech Fund, a venture capital fund associated with InsurTech NY, has announced that it will be accepting applications for its first Digital MGA Lab, a three-month program focused on managing general agents.The program...

Tech Giants Brace for Legal Mess of Abortion Data Subpoenas

Jul 8 2022 // Technology giants including Apple Inc., Microsoft Corp. and Google, facing questions about whether they’d hand over users’ personal data to authorities pursuing evidence on abortion seekers, are bracing for the...

EU Lawmakers Pass Landmark Rules to Rein In Tech Giants, but Enforcement a Concern

Jul 6 2022 // EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, Facebook and Microsoft, but enforcement could be hampered by regulators’ limited...

UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report

Jul 6 2022 // Insurance may not save you from summer travel misery.Four in 10 policies don’t protect against strikes, the UK consumer watchdog Which? reported in its annual review. If your airline goes bankrupt, only half will...

Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data

Jul 5 2022 // Betterview Analytics Now Offered via OneShieldProperty data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property...

Cyber Insurtechs and Insurers ‘In This Together,’ Not in Competition

Jul 4 2022 // Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together to tackle dynamic cyber risk.“We’re all trying to solve the same...

Quantum Computing, Lower Construction Quality, Legal Tech Seen as Emerging Risks: Swiss Re

Jul 4 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...

New NHTSA Chief: Agency to Scrutinize Auto-Driver Technology

Jul 1 2022 // The new head of the government’s road safety agency says it will intensify efforts to understand the risks posed by automated vehicle technology, so it can decide what regulations may be necessary to protect drivers,...

ReSource Pro Acquires Commercial Lines Technology Platform towerIQ

Jun 30 2022 // Insurance business services firm ReSource Pro reports it has completed its acquisition of towerIQ, a property/casualty insurance focused technology platform designed to streamline workflows and capture market data.ReSource...

People Moves: BMS Promotes Gormley to UK CEO; Schepers Named Head of WTW Insurance Consulting and Technology as Underwood Retires

Jun 29 2022 // This edition of International People Moves details appointments at the brokers BMS and Willis Towers Watson (WTW).A summary of these new hires follows here. BMS Promotes Gormley to UK CEOBMS, the London-based independent...

Don’t Count Out Insurtech Disrupters, Carrier CEOs Say

Jun 29 2022 // Insurtechs bent on disrupting the insurance industry haven’t succeeded so far, but a future wave of insurtechs might emerge to accomplish a similar goal, carrier executives said recently.Speaking at the 38th Annual...

Cyber Insurtechs and Insurers ‘In This Together,’ Not in Competition

Jun 24 2022 // Insurtechs and insurance companies are “breaking down the wall” that stood between them as competitors in favor of working together to tackle dynamic cyber risk.“We’re all trying to solve the same...

Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.

Jun 24 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...

Insurance Technology: BirdsEyeView Wins Funds for Parametric Cover; Audatex Adds Live Car Valuation Data

Jun 22 2022 // Parametric Insurtech startup BirdsEyeView has closed a seed funding round for an undisclosed amount led by SFC Capital, with the funds matched by the European Space Agency (ESA).BirdsEyeView uses satellite data to...

Preparing for InsurTech’s Second Act: Embedded Insurance

Jun 20 2022 // The insurtech industry has been around for about a decade, and experts say that while it has succeeded in bringing new entrants into the industry, it has struggled at times with distribution and customer acquisition. This...

Insurance Technology: eDriving Adds Safety App Without Telematics; Notion Offers Sensor Upgrade; HUB Debuts Personal Lines Platform VIU

Jun 20 2022 // eDriving Launches Non-Telematics Version of Mentor Driver AppNew Jersey-based eDriving announced the availability of Mentor Insight, the non-telematics version of its driver safety app, Mentor. Mentor Insight offers many...

Insurtech Faces ‘Leveling Out Period’ Amid Market Challenges

Jun 20 2022 // The insurtech industry is facing what experts say is a “leveling out period” after investment in the space accelerated during the pandemic due to changes in the workplace and a greater focus on the use of...

Tesla Leads in Driver-Assisted Technology Crashes: NHTSA

Jun 16 2022 // Tesla Inc. reported 273 vehicle crashes since July involving advanced driving assistance systems, more than any other automaker, according to data U.S. auto safety regulators released on Wednesday.Automakers and tech...