Latest Tech Headlines

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

Why Tech Matters in M&A

Oct 21 2024 // Technology and AI innovation makes an impact when it comes to merger and acquisition decision, according to Brooke DeWyze, chief development officer for Trucordia, formerly PCF Insurance Services.DeWyze, who spends her...

Revolutionizing Submission Automation for MGAs and Wholesalers with AI-Powered Technology: From Email Intake to Quoting in Minutes

Oct 17 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced insurance industry, MGAs and wholesalers are constantly challenged with managing large volumes of submissions from agents. Typically, gatekeepers spend...

Insurtech on the Silicon Prairie to be Held in Omaha

Oct 17 2024 // The Nebraska Department of Insurance shared that Insurtech on the Silicon Prairie will take place in Omaha on Oct. 28-29, with topics including AI, autonomous vehicles, cybersecurity, venture capital, the role of AI in...

EU AI Act Checker Reveals Big Tech’s Compliance Pitfalls

Oct 17 2024 // Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.The EU had long...

Risk & Insurance Education Alliance and BrokerTech Ventures Launch New Insurtech Insurance Course

Oct 15 2024 // Austin, TX., October 15, 2024 – The Risk & Insurance Education Alliance, in collaboration with BrokerTech Ventures (BTV), is proud to introduce its latest educational initiative, the Introduction to Insurance for...

Transforming Cyber and Tech E&O Insurance with Our RQB Platform

Oct 11 2024 // This post is part of a series sponsored by Selectsys.The demand for Cyber and Technology Errors & Omissions (Tech E&O) insurance is rapidly growing as businesses face an increasing array of digital threats and...

Balance With ‘Micro-Actions’ in Commercial Market But Milton Could Disrupt

Oct 10 2024 // WTW characterized commercial insurance rates as balances and stable but, as Hurricane Milton approached, the broker warned of upcoming disruption.“The current state of affairs might only be one major hurricane away...

Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report

Oct 7 2024 // Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions...

NC Town That Produces Quartz for Tech Products is Devastated by Helene

Oct 4 2024 // SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening...

Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform

Oct 4 2024 // This post is part of a series sponsored by Selectsys.In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...

Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK

Sep 26 2024 // Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector.The enhanced product, MarkelTech, is...

Crimes Against Customers: Part 3 – Technology Crimes

Sep 26 2024 // This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to...

FBI Disrupts Vast Chinese Hacking Operation That Infected Consumer Devices

Sep 23 2024 // The FBI has disrupted a group of hackers working at the direction of the Chinese government who targeted universities, government agencies and other organizations, Director Chris Wray said last week.The hacking campaign...

People Moves: Aspire in California Names Rea Chief Technology Officer

Sep 17 2024 // Aspire General Insurance hired Sam Rea as its chief technology officer.Rea has more than 20 years of experience leading IT organizations in the insurance industry. Before joining Aspire, Rea was CTO for the Peak6 InsurTech...

Factories in Vietnam’s Export Hubs May Face Weeks of Disruption After Typhoon Yagi

Sep 11 2024 // Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam’s export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation,...

Getting the Green Light: Are High-Tech Upgrades Coming Soon to Roads?

Sep 10 2024 // The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus.Transportation officials have spent the past few years refining a system in which radio transmitters...

Texas-Based Insurtech Sigo Seguros Raises $5.1M in Pre-Series A Funding

Sep 10 2024 // Sigo Seguros, a Texas-based insurtech company that focuses on providing auto insurance services for immigrant and working-class communities, announced it has raised an additional $5.1 million in its pre-Series A funding...

Catalyit, Big I Partner on Tech-Adoption Support for Independent Agents

Sep 10 2024 // Catalyit, an insurance technology hub for independent insurance agents, is partnering with the Independent Insurance Agents & Brokers of America, Inc. (the Big “I”) to support independent insurance agents...

Drought Shrivels the Mississippi River and Threatens to Disrupt US Food Exports

Sep 6 2024 // Drought across the central US is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline.Dry conditions across the Ohio River basin, which feeds...

Harnessing AI OCR Technology for Efficient Data Extraction

Sep 5 2024 // This post is part of a series sponsored by Selectsys. In today’s digital age, data is the lifeblood of the insurance industry. Accurate and efficient data extraction is crucial for streamlining operations, reducing...