Latest Tech Headlines

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

Insurance Technology: Aon and Paypal, Applied Systems, and iink Address Digital Payments

May 3 2022 // Aon and Paypal Expand Access to Insurance for Small BusinessesInsurance broker Aon and digital payment service PayPal Holdings announced a program to help PayPal’s small business customers in the U.S. access...

U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty

May 3 2022 // The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit home.U.S. power company...

Tech Giants Could Face Billions in Fines Under EU’s New Content Rules

Apr 25 2022 // The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope early Saturday.The landmark Digital...

Insurtech Funding Levels Come Crashing Down in Q1

Apr 20 2022 // Funding for the insurtech sector plummeted 58% in the first quarter of 2022 compared to fourth-quarter 2021, according to data released Tuesday by CB Insights.The total funding amount of $2.2 billion across 143 deals,...

AM Best Assigns Credit Ratings to Michigan’s Manufacturing Technology Mutual

Apr 19 2022 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Manufacturing Technology Mutual Insurance Company based in Novi, Michigan. The...

The InsurTech Summit 2022 Announces Agenda and Speakers

Apr 18 2022 // San Diego, CA., April 18, 2022 – Today, Carrier Management has announced the agenda and speakers for the InsurTech Summit 2022. This is a virtual, two-day event beginning at 8 a.m. Pacific on Tuesday, May 10 and...

D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits

Apr 18 2022 // Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had hoped for, AM Best reported in March, citing the impact of social inflation on rising...

Insurance Technology: Newfront Raises $200M; EvolutionIQ Brings In $21M

Apr 13 2022 // Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders...

Update: Climate Change Protesters Disrupt Lloyd’s Headquarters

Apr 12 2022 // Climate change protesters in London have targeted insurance underwriting house Lloyd’s of London for its role in enabling fossil fuel projects.The City of London Police said they were aware of protests at...

Insurance Technology: Certificate Hero and TNEDICCA Attract Investors

Apr 5 2022 // Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing PlatformCertificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its...

10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022

Apr 5 2022 // Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives.This...

People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders

Mar 31 2022 // Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists, delivering innovative and effective solutions to global businesses that face...

Lloyd’s Lab Selects 11 Insurtechs to Test Decarbonization, Climate Change Solutions

Mar 31 2022 // The Lloyd’s re/insurance marketplace announced the next 11 insurtech start-ups that will join the eighth cohort of the Lloyd’s Lab in its 10-week program.Lloyd’s Lab, the market’s innovation...

UK Cyber Agency Warns Organizations About Use of Russian Computer Technology

Mar 30 2022 // Britain’s cybersecurity center on Tuesday said organizations providing services related to Ukraine or critical infrastructure should reconsider the risk associated with using Russian computer technology in their...

New Guide Makes the Case for Growing Your Distribution Channels with Producer Management Technology

Mar 30 2022 // This post is part of a series sponsored by AgentSync.Producer management and licensing compliance isn’t the most attractive part of working in insurance. Most carriers, agencies, and MGAs are using fairly manual...

Hannover Re Opens Access to Insurtech Innovation Platform, ‘hr | equarium’

Mar 29 2022 // Hannover Re has opened access to its innovation platform for all interested parties.Launched in 2019, hr | equarium connects insurance clients with insurtech partners. The platform has been used on a regular basis by more...

People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta’s Toth as Dir. of U/W

Mar 29 2022 // This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA Tamesis DUAL.A summary of these new hires follows here. WTW Promotes Richardson to...

Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M

Mar 28 2022 // Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to more than $250 million.The platform, launched in 2014, allows customers...

Big Tech Blackout Set to Be Averted With EU-U.S. Data Pact

Mar 28 2022 // The European Union and U.S. broke the deadlock on a new data-transfer pact, potentially avoiding a doomsday scenario for tech giants such as Meta Platforms Inc. and thousands of other firms that rely on free flows of...

Connectivity Advancements and 4 Other Tech Trends Transforming the Insurance Industry

Mar 23 2022 // This post is part of a series sponsored by AgentSync. The insurance world isn’t moving at the speed of light quite yet, but technology is still bound to transform the ways insurance agents and carriers do business...