All the headlines from our Tech Topic Page, ordered by recency.
Mar 18 2020 // In an initial test of its new innovation assessment scores, AM Best found that only 1 percent of rated property/casualty insurers merit scores high enough to categorize them as innovation leaders, according to a recent...
Mar 17 2020 // Each year technology’s promise of having autonomous vehicles ruling the roads seems to be a bit more fleeting, or at least a bit further off, but that hasn’t stalled the efforts of would-be makers of...
Mar 17 2020 // Before June 2018, finding cattle that were potentially exposed to diseases was time-consuming and complicated, requiring a patchwork of information from auction houses, feedlots, producers and meatpacking...
Mar 17 2020 // The heightened fear and anxiety that COVID-19 is causing people worldwide brings vulnerable targets for cyber hackers.“We are living in a heightened time of cyber risk. Cyber criminals will take advantage of public...
Mar 10 2020 // INSTANDA, the London-based customer and policy management platform for the insurance industry, has completed a $19.5 million Series A fundraising round, the company announced.Led by Assembly Capital Partners, the...
Mar 9 2020 // Acadia Insurance, a regional underwriter based in Westbrook, Maine, has hired former New Hampshire Insurance Commissioner John Elias to its management team as senior vice president and chief underwriting officer. He will...
Mar 5 2020 // Digital insurer Lemonade has established a nonprofit foundation designed to promote the use of AI, data and software to build socially positive products and programs globally.Dubbed The Lemonade Foundation, the...
Mar 5 2020 // InsurTech NY, an insurtech community in the New York metro area, has announced the finalists of its 2020 InsurTech Competition.More than 200 startups applied to compete in a two-track competition, pitting early and...
Mar 5 2020 // Insurance data analytics and risk modeling firm Verisk announced the expansion of its new insurtech solution OneXperience into commercial insurance.This expansion will enable agents and businesses to engage and closely...
Mar 2 2020 // Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely “pilot” cars without regular human...
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Feb 28 2020 // Until recently, insurtech not only was perceived as a competitive threat to independent agents, there was little startup activity dedicated to tackling the operational needs of insurance agents and brokers. That’s...
Feb 27 2020 // BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 insurtechs for its first cohort that convenes March 2 in Des Moines, Iowa, for a five-week...
Feb 24 2020 // Blackboard Insurance has announced the approval of its commercial insurance package in Virginia, bringing capabilities to middle market customers in 47 states and territories. Blackboard’s commercial insurance...
Feb 21 2020 // U.S. legislation will be introduced in the coming weeks that could hurt technology companies’ ability to offer end-to-end encryption, two sources with knowledge of the matter said, and it aims to curb the...
Feb 21 2020 // A lawsuit has been settled between Virginia Tech and a former student who was accused of overseeing a ceremony that violated the school’s hazing policy.The federal lawsuit filed last month “has been resolved to...
Feb 20 2020 // Now that most major carriers are selling usage-based car insurance, one of the pioneers in that sector is selling its technology to other carriers as a claims management tool.San Francisco-based Metromile announced that...
Feb 20 2020 // U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their...
Feb 19 2020 // Attorney General William Barr is taking aim at a legal shield enjoyed by companies such as Alphabet Inc.’s Google and Facebook Inc. as the provision comes under increasing fire from both liberals and...
Feb 19 2020 // Requests for proposals (RFPs) are everywhere these days. As internet sourcing makes the market more competitive, insurance brokers who are able to quickly and accurately complete RFPs can see huge benefits and gain a...