All the headlines from our Tech Topic Page, ordered by recency.
Jun 21 2024 // High claim severities, persistent risky driving behavior, electric vehicles and shop-and-swap consumers are challenging auto insurers to stay profitable.The challenges will continue through the end of the year and beyond,...
Jun 20 2024 // This post is part of a series sponsored by Dyad. In the ever-evolving landscape of Property and Casualty (P&C) insurance, the distribution “middle”, comprised of intermediaries such as agents, brokers,...
Jun 14 2024 // Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm’s founders.The Abu Dhabi sovereign wealth...
Jun 13 2024 // More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed limit, a survey by Insurance Institute for Highway...
Jun 13 2024 // This post is part of a series sponsored by AgentSync.Nothing good comes easy, right? Turns out, overhauling your outdated technology in favor of more modern, cloud-native systems is no exception. In today’s digital...
Jun 11 2024 // This post is part of a series sponsored by AgentSync.In 2023, companies in the financial services industry spent an average of 15 percent of their revenue on technology. Not only is that up from 10 percent in 2022, but...
Jun 7 2024 // The boom in artificial intelligence will increase banks’ dependence on big U.S. tech firms, creating new risks for the industry, European banking executives said.Excitement around using artificial intelligence (AI)...
Jun 7 2024 // Nirvana, the London-based managing general agent and Lloyd’s coverholder, announced the renewal of its Media/Technology Errors & Omissions and Cyber (MTC) binding authority with an increased £/$/€10 million...
Jun 6 2024 // USI Insurance Services (USI) announced the launch of PATH (patent pending), a proprietary technology-enabled risk control platform for clients.The new platform leverages industry-specific benchmark data to generate...
Jun 5 2024 // London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations it abused its dominance in digital advertising.The UK’s Competition Appeal...
Jun 5 2024 // Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom.The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess...
Jun 3 2024 // Austin, TX., June 3, 2024 – In an innovative move to bridge the knowledge gap in the rapidly evolving insurance/insurtech landscape, The National Alliance for Insurance Education & Research has partnered with...
May 30 2024 // A northern Virginia tech company is paying $38,500 to settle claims that it discriminated by posting a job listing seeking white, U.S.-born candidates for an opening as a business analyst.The Justice Department announced...
May 29 2024 // Ariel Green, a division of Ariel Re, has expanded Lloyd’s first ever Technology Performance Insurance (TPI) Consortium.First launched in 2023, Ariel Green has renewed the consortium and grown the number of markets...
May 24 2024 // Canada released its first-ever cybersecurity strategy for federal government departments and agencies on Wednesday, with the aim of addressing challenges posed by remote work, cloud computing, aging infrastructure and...
May 22 2024 // Once perceived as intricate, time-consuming, and on occasion, frustrating, insurance claims processing has undergone a substantial transformation with the integration of new technological solutions. From artificial...
May 20 2024 // This post is part of a series sponsored by Dyad.Technology is crucial in propelling innovation and efficiency within the constantly evolving insurance technology (InsurTech) sector. One of the most notable advancements in...
May 17 2024 // Kansas Gov. Laura Kelly vetoed a measure Wednesday that could have earmarked up to $5 million for gun-detection systems in schools while expressing concern that it could have benefitted only one particular...
May 13 2024 // Insurance broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure data through its new offering WTW Risk IQ API (application programming interface).The...
May 10 2024 // Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business...