Latest Tech Headlines

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

Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go

Jan 25 2022 // Great American Insurance and Assurely Offer D&O to Startup FirmsThe Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers...

Insurtech Root Lays Off 330 Employees as Loss Costs Increase

Jan 24 2022 // Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately 330 team members throughout its business.Co-Founder and CEO Alex Timm in an...

People Moves: Muñiz Named GC&C’s Head of Construction & Green Energy; Gallagher Re Hires Hiscox’s Kim for Cyber; Chubb Promotes Kropp to Global Head of Operations/Tech

Jan 21 2022 // This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb.A summary of these new hires follows here. Muñiz Named GC&C’s Head...

U.S. Airlines Report Only Minor Disruption From 5G Deployment

Jan 20 2022 // U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel as the U.S. Federal Aviation Administration (FAA) said it has issued new approvals to allow more low-visibility...

Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling

Jan 20 2022 // Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China.The...

UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market

Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022.The company, which became...

Multi-Family Property Insurtech Honeycomb Raises $15.4 Million, Plans Expansion

Jan 19 2022 // Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into more states.The reinsurance-backed managing general agent (MGA) touts a technology stack for...

UK Cyber Insurtech KYND Receives £3.25 Million Investment from BGF

Jan 13 2022 // KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor.The insurtech will use the investment...

People Moves: Hartford’s Guidry Joins Great America’s Alternative Markets; Vertafore Names Nguyen Chief Technology Officer

Jan 12 2022 // Great American’s Alternative Markets Names Guidry Vice PresidentGreat American Insurance Group announced that Jennifer C. Guidry has joined the Alternative Markets Division as vice president of Business Development...

Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.

Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd.Tarian operates a cyber underwriting platform that provides cyber...

Great American, Texas-Based Insurtech Assurely to Offer D&O Insurance

Dec 30 2021 // The Executive Liability Division of Great American Insurance Group and the Austin, Texas-based insurtech, Assurely will offer Directors and Officers Liability (D&O) insurance to private companies raising capital via...

Car Makers Like Some Tech Features More Than Car Buyers Do

Dec 29 2021 // While car buyers say new vehicle technology is a leading reason they choose one vehicle over another, there are some tech features that they would just as soon do without.“New-vehicle prices are at an all-time high,...

Firms Want U.S. to Support EU Proposals to Rein In Big Tech Platforms

Dec 29 2021 // Critics of tech giants like Alphabet’s Google pressed Commerce Secretary Gina Raimondo for a January meeting after she expressed concern about proposed legislation in Europe aimed at reining in the U.S....

Record Snowfall Disrupts Train, Air Travel in Western Japan

Dec 28 2021 // A powerful storm rammed western Japan with record snowfall, disrupting flights, train travel and leaving hundreds without power. Snowfall surpassed 70 centimeters (28 inches) in the cities of Hikone and Maizuru, in the...

Cyber Disruptions of Infrastructure Networks Can Cost Millions in a Day

Dec 21 2021 // The resilience of America’s critical infrastructure networks has been tested over the last year by a number of serious disasters – both natural and manmade — including winter storms shutting down electrical grids...

New Kid on Block Will Use Tech, Rapid Repair Networks to Survive Florida Market

Dec 21 2021 // When the Florida insurance world heard that a newly formed homeowners’ insurance carrier was stepping into the troubled Florida waters, reactions ranged from cynical to apoplectic.Few people have given the new...

UK Brokerage Insurtech Eyes U.S. Expansion After $7.9M Capital Raise

Dec 20 2021 // A commercial insurance brokerage technology company that is up and running in the UK is targeting the U.S. after raising more than $7.9 million in a Series A funding round.Broker Insights, which is based in Scotland,...

Insurance Technology: SiriusPoint Invests in LuckyTruck; Hiscox Offers Real-Time Quotes With RMS Location API; ActZero Security Adds Cyber Coverage From Measured

Dec 15 2021 // Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount.LuckyTruck vows...

Insurtech Coalition Forms Captive Insurer to Enhance Cyber Insurance Capacity

Dec 13 2021 // Managing general insurance agency and cyber security company Coalition has launched a captive insurer to begin taking risk on its cyber insurance programs.The captive, domiciled in Hawaii, will provide capacity in addition...

People Moves: MJ Insurance Names Pitts as VP of Technology; Arturo Adds Tulsiani as Chief Marketing Officer

Dec 9 2021 // MJ Insurance Names Braden Pitts as Vice President of TechnologyMJ Insurance, a risk management and employee benefits agency, has hired Braden Pitts as vice president of technology. Pitts joins MJ Insurance with more than a...