Latest Tech Headlines

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

SolarWinds Attackers Focused on Cyber and Tech Firms

Jan 29 2021 // Whether it was opportunity, strategy or sheer chutzpah, the suspected Russian hackers behind a massive cyber-attack revealed last month focused particular attention on technology companies, including cyber-security firms...

Insurtech Trov Partners with UFODRIVE to Insure London-Based Electric Vehicles

Jan 29 2021 // Trov, the San Francisco-based insurtech company, announced that UFODRIVE, a frontrunner in sustainable car rental, has selected Trov’s Mobility Insurance Platform for its fleet of fully electric vehicles.UFODRIVE...

China Urges International Cooperation on Financial Services, Technology Regulation

Jan 28 2021 // SHANGHAI— China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China’s central bank vice...

Deadline Approaches for New York-Bermuda InsurTech Early Stage Competition

Jan 22 2021 // The submission deadline for the 2021 InsurTech Early-Stage Competition is approaching on January 29, 2021.Global insurtech hub InsurTech NY and the Bermuda Business Development Agency (BDA), Bermuda’s independent...

Japan’s Automakers Adding Safety Technology for Often-Isolated Older Drivers

Jan 21 2021 // Automakers in Japan, where almost 30% of the population is 65 or older, are taking the lead on adapting cars so the nation’s legions of elderly drivers can feel more confident — and be safer — behind the...

American Family Insurance to Acquire Small Business Insurtech Bold Penguin

Jan 14 2021 // Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses.The Bold Penguin digital exchange is used by insurance agents, brokers and other distributors to...

Palomar in California Names Brose Chief Technology Officer

Jan 14 2021 // La Jolla, Calif.-based Palomar Holdings Inc. has named Mark Brose chief technology officer. Brose will report to his predecessor, Chief Operating Officer Britt Morries, who assumed that role on Sept. 1, 2020. Brose most...

For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts

Jan 14 2021 // Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there.The broker announced in...

Canadian Insurtech Apollo Closes C$13.5 Million Funding Round

Jan 11 2021 // Apollo Insurance Solutions Ltd., the Toronto-based online insurance company, announced it has closed an oversubscribed C$13.5 million (US$10.6 million) Series A financing round, which exceeded its original C$4 million...

British Columbia’s New COVID-19 Restrictions Disrupt Construction Projects

Jan 6 2021 // CALGARY, Alberta – Restrictions imposed by British Columbia to fight the spread of COVID-19 infections after the holiday break have disrupted work at construction sites of a Rio Tinto hydropower project and BC...

Administration Says Railroads Have Met Safety Technology Deadline

Dec 30 2020 // The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress.The...

UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU

Dec 16 2020 // Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe,...

Tech Firms Form Coalition to Defend Internet Liability Shield Law

Dec 16 2020 // A number of internet companies that are not big social media players are organizing to defend the law that shields them from lawsuits.The companies have formed a coalition called Internet Works to protect what they see as...

Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments

Dec 15 2020 // Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions of dollars of insurance coverage, together with risk mitigation services, to help...

German Insurtech Startup Wefox Expects Profitable 2021

Dec 15 2020 // BERLIN – German insurance technology startup Wefox expects to achieve revenue of 300 million euros ($365 million) and be profitable at the operating level next year, its founder and CEO, Julian Teicke, said in an...

UK Insurtech Startup battleface Raises $12M in Funding from U.S. Venture Capital Firm

Dec 11 2020 // UK startup battleface Inc., a company that specializes in tech-enabled global travel insurance, announced a $12-million Series A financing round from Drive Capital, a Columbus, Ohio-based venture capital firm. The...

UK Insurtech Zego Buys Telematics Firm Drivit to ‘Revolutionize’ Insurance Pricing

Dec 9 2020 // Zego, the London-based mobility insurance provider and the first UK insurtech to be awarded an insurance license, has acquired telematics company, Drivit.The deal, which will enable Zego to collect real-time driver...

Travelers to Acquire Plymouth Rock’s Digital Agency InsuraMatch

Dec 3 2020 // The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies.The transaction is expected to close in the first quarter of 2021 after...

Small Business Insurtech Huckleberry to Offer Pandemic Business Interruption Plan

Dec 3 2020 // Huckleberry, a small business insurance purchasing platform, has launched a new offering designed for small businesses impacted by pandemic-related stressors and costs.The Pandemic Business Interruption plan will be...

Insuring Cyber Podcast Episode 3: Underneath ‘the Tip of the A.I. Iceberg’ in Insurance

Dec 2 2020 // Nearly 75% of respondents in a recent survey from the Coalition Against Insurance Fraud and Shift Technology said they believe that among relevant technology, artificial intelligence (A.I.) will have the greatest impact on...