Latest Tech Headlines

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

Mining the Hidden Treasure of Your Insurtech Investment

Oct 18 2021 // Your agency may have a treasure trove of untapped potential with your unused insurance software. The good news is you can unlock that potential for more value for free, it just takes spending some time to remember why your...

Agencies Made Progress With Technology During Pandemic but Data Issues Remain Obstacle to Digital Future

Oct 18 2021 // It’s difficult enough keeping up with the latest trends in agency technology let alone trying to do it during a global pandemic. But industry technology experts say independent agencies made progress, with many...

Insurtech Veteran Launches Online Directory to Connect P/C Agents with Technologies

Oct 14 2021 // A veteran agency insurtech advocate has launched an online directory for property/casualty insurance agents to categorize, compare and connect them with technology companies that support the agency distribution channel.In...

Toronto Cyber Insurtech Boxx Expands to U.S., Names Itriago as President

Oct 14 2021 // Right after closing its Series A financing round, Boxx Insurance Inc. announced its expansion to the U.S. and its appointment of Hilario Itriago as Boxx USA president.The digital managing general agency promises that its...

La Nina Arrives, Threatening More Droughts, Storms and Supply Disruptions

Oct 14 2021 // A weather-roiling La Nina appears to have emerged across the equatorial Pacific, setting the stage for worsening droughts in California and South America, frigid winters in parts of the U.S. and Japan and greater risks for...

Munich Re’s Venture Arm Raises $500M for Fund Focused on Insurtech, Cybersecurity

Oct 13 2021 // Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with plans to focus, in part, on insurtech and cybersecurity.The new financing arm, dubbed Munich Re Fund II,...

People Moves: TigerRisk Names Harbor Hill Solutions’ Kilduff to Head MGA Business; AXA XL Insurance Promotes Gittler to Lead Cyber & Technology, Americas

Oct 11 2021 // TigerRisk Names Former Harbor Hill Solutions CEO Kilduff to Head MGA UnitTigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced the appointment of Jim Kilduff to head up the company’s...

Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation

Oct 11 2021 // Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of insurtech entrepreneurs, Chubb CEO Evan Greenberg was having none of...

NC Lawmakers Approve ‘Sandbox’ to Waive Regs, Spur Insuretech Innovation

Oct 11 2021 // North Carolina lawmakers hope a bill that creates a “regulatory sandbox” will spur innovation in the insurance and financial sectors in the state, particularly in the use of blockchain technology.The North...

Riskonnect Acquires ESG Technology Firm ICIX

Oct 8 2021 // Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps businesses manage their environmental, social and governance performance.The acquisition...

German Insurtech Getsafe Raises Another $63M for Full Insurance License

Oct 8 2021 // Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European expansion.A number of new...

Insurate, Workers’ Compensation Insurtech, Secures $4.5M Investment

Oct 6 2021 // Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd.Joining the...

InsurTech NY Announces Launch of Insurance Collaboration Index

Oct 5 2021 // InsurTech NY, a resource for the InsurTech community in the New York metro area, announced the launch of its Insurance Collaboration Index.Based on input from InsurTech executives, the index scores insurance and...

New Delhi-Based Insurtech Startup SafeTree Raises $1 Million in Seed Funding Round

Oct 4 2021 // New Delhi-based insurtech start up SafeTree has raised $1 million in its seed funding round from angel investors Shams Ahmed Parvaz and Faiz Shams. The startup aims to use the capital infusion to expand its team,...

JZZ Tech Acquires Florida-Based Beacon Insurance Solutions

Oct 1 2021 // JZZ Technologies Inc. has acquired Florida-based Beacon Insurance Solutions, part of its continuing effort to reach the senior adult market with insurance and other services, the companies announced. “Following this...

Connected Motor Insurtech Ticker and Abacai Partner to Raise Capacity, Expand Offering

Sep 29 2021 // UK connected motor insurtech Ticker and Abacai Group have partnered to increase Ticker’s capacity and introduce new levels of pricing sophistication, bringing connected insurance to a much wider market.Founded in...

Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion

Sep 28 2021 // Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8 million] from investors including G Squared and Japanese insurer Sompo Holdings...

Mexican Insurtech Startup Offers Quick Claims Payments for Earthquake Damage

Sep 27 2021 // Mexican startup Super, which offers coverage for earthquake property damages, plans to expand into hurricane insurance and possibly raise a fresh funding round next year, according to chief executive officer and founder...

People Moves: Beazley Promotes Turk to Head of Strategy; Everest Hires Chubb’s McBride as Head of Claims; Pen Names Hiscox’s Dixon as Head of Tech

Sep 22 2021 // This edition of International People Moves details promotions and appointments at three insurers: Beazley, Everest Insurance and MGA Pen Underwriting.A summary of these new hires follows here. Beazley Promotes Turk as...

Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI

Sep 22 2021 // Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor claims efficiencies with real-time damage assessment and...