Latest Tech Headlines

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

Insurtech Startup Slide Agrees to Take On Troubled St. Johns HO Business

Feb 18 2022 // Things are moving fast in Florida’s distressed property insurance market.Just days after St. Johns Insurance Co. announced it would stop writing new homeowner business in Florida, the Demotech rating agency withdrew...

Insurtech bolttech Buys Singapore-Based Specialist Broker AVA Insurance

Feb 16 2022 // bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based specialist broker and insurance intermediary. The acquisition follows bolttech’s completion of its US$247...

Insurer Beazley Partners With Insurtech Gaia to Offer Coverage for IVF Treatment

Feb 15 2022 // Lloyd’s insurer Beazley partners with insurtech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment.The health-focused insurtech has been working with Beazley and Chaucer...

Parametric Insurtech Startup FloodFlash Raises $15M for International Expansion

Feb 11 2022 // FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million.The round was led by Chicago-based Buoyant Ventures with San...

Greenlight Re Innovations Invests in Cargo Insurtech Startup Redkik

Feb 11 2022 // Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., has announced an investment in insurtech startup Redkik Inc., a cargo insurance administration and analytics platform.Cargo insurance policies have...

Insurance Technology: Betterview Features Defensible Space; Clara Analytics Tackles Commercial Auto; Ascend Raises $30M for Premium Finance

Feb 8 2022 // Betterview, an insurtech provider of property intelligence to property/casualty insurance companies, now has available what it calls its Defensible Space feature that enables insurers using the company’s Remote...

How Agents and Insurtechs Can Work Together

Feb 7 2022 // Independent insurance agents today are different. They’re not your parents’ agencies. Yes, they still provide insurance and build strong client relationships. But they’re also relying on technology more...

Insurers Deploy Predictive Analytics, Artificial Intelligence in Fraud Fight

Feb 7 2022 // Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by the Coalition Against...

FAA Expects Addressing Safety Issues to Cause Only ‘Minimal Disruptions’ to Air Travel

Feb 3 2022 // The Federal Aviation Administration (FAA) is confident that aviation safety concerns about 5G C-Band deployment will be addressed “safely with minimal disruptions,” the head of the FAA will tell U.S. lawmakers...

How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers

Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...

Insurance Technology: C&F Pet Insurance Adds Health Tool; Frederick Mutual Adds Digital Document Protection

Feb 2 2022 // Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs pet owners of the urgency of seeking care for their ailing dog or cat,...

5 Tech Tools for the Digital Insurance Professional: An Ebook

Feb 2 2022 // This post is part of a series sponsored by AgentSync.Having tech tools that make collaboration easy and efficient, and that reduce repetitive data entry on a team is important to us, so much so that we’ve put...

Chile Insurtech Startup Betterfly Plans Overseas Expansion After $125M Funding Round

Feb 1 2022 // Chilean insurance-tech startup Betterfly plans to expand overseas after its latest funding round swelled its valuation to $1 billion.The company is preparing to begin operations in seven new markets in 2022 — Mexico,...

Commercial Lines Insurtech Sayata Raises $35 Million to Expand Lines

Feb 1 2022 // Sayata, a marketplace for insurance brokers and carriers, added $35 million to its latest funding round. The insurtech previously raised $17 million five months ago, resulting in a total A round of $52 million.Sayata CEO...

Greenlight Re Innovations Gets ‘In-Principle’ Nod to Launch Lloyd’s Syndicate

Feb 1 2022 // Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate.Syndicate...

Insurtech Descartes Underwriting Raises $120M to Expand Parametric Product Offering

Jan 31 2022 // Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round.Growth equity firm Highland Europe is leading the capital-raise...

Insurtech Accelerant Raises $190 Million

Jan 28 2022 // InsurTech Accelerant raised more than $190 million at a $2 billion pre-money valuation in its latest funding round.Atlanta-based Accelerant serves a network of managing general underwriters (MGU) and program administrators...

Insurtech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate

Jan 28 2022 // Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183.UK-based MIC Global provides end-to-end digital micro insurance products,...

Insurtech Unicorn Bolttech Weighs Raising $300M in Fresh Funds

Jan 28 2022 // Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million in fresh funds this year, according to people familiar with the matter.The...

Insurtechs – Three Considerations When Implementing Self-Service Claims

Jan 26 2022 // This post is part of a series sponsored by CoreLogic.Over the past year, online client demand has maintained a steep upward climb. Due to the pandemic, cloud and integrated technology capabilities have been expanded to...