All the headlines from our Tech Topic Page, ordered by recency.
Feb 27 2019 // Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in their careers. They want other agents to adhere to professional standards and ethics. They want faster and...
Feb 27 2019 // CFC, the London-based managing general agent that specializes in emerging risks, announced the appointment of Jonathan Fletcher as chief technology officer. Fletcher, formerly group CTO at Hiscox, will oversee CFC’s...
Feb 26 2019 // Sixty-three insurtech deals with a total value of $1.59 billion were announced worldwide in the fourth quarter of 2018. The number of deals was up 24 percent while the value jumped 155 percent over Q4 2017.The total,...
Feb 26 2019 // A funny thing is happening on the way to the future.As consumers’ and carriers’ behaviors, attitudes and expectations have been changing, independent agents are evolving to better serve both customers and...
Feb 25 2019 // Ping An Insurance (Group) Co., China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about $8 billion,...
Feb 25 2019 // It was still dark on a Friday morning in November when a California Highway Patrol officer started following a Tesla Model S on Route 101 between the San Francisco International Airport and Palo Alto. The gray sedan was...
Feb 21 2019 // Naperville, Illinois-based Instec, a provider of policy administration systems to insurance program and specialty markets, has hired CJ Lotter as senior solution architect. He joins Instec’s engagement management...
Feb 21 2019 // Flood insurance company Neptune Flood has partnered with online Hippo Insurance to provide consumers with quick access to flood insurance as part of purchasing of home insurance.Hippo promises quick processing and...
Feb 21 2019 // Insurtech Trōv is now offering its on-demand online, single-item insurance products in seven additional states and the District of Columbia.Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, Iowa, Michigan,...
Feb 20 2019 // European insurer Allianz SE is increasing the size of its tech investment fund to 1 billion euros ($1.1 billion), making it one of the largest corporate-backed venture funds in Europe.Allianz X was launched in 2016 with a...
Feb 19 2019 // Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would...
Feb 18 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...
Feb 15 2019 // Agile Underwriting Services Pty Ltd., the insurtech-driven managing general agency (MGA) and Lloyd’s coverholder, announced it has been appointed as a representative agent for global specialty insurer, StarStone, in...
Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...
Feb 14 2019 // District of Columbia Mayor Muriel Bowser recently established the District of Columbia Financial Services Regulatory Sandbox and Innovation Council.The council is charged with studying and reporting on the feasibility of...
Feb 14 2019 // MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK, which is called Technology Combined.The product provides companies with cover against...
Feb 13 2019 // Traffic fatalities on U.S. roads reached an estimated 40,000 in 2018, the third year in a row in which at least that many people died in vehicle crashes, according to new figures from the National Safety Council.The 2018...
Feb 13 2019 // Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance.Led by Ascot and Beazley, the consortium brings together a range...
Feb 13 2019 // Giant global insurer Chubb is on a mission to transform itself into a digital enterprise.The company is making substantial investments in digital technologies including cloud, mobile, APIs, security, chatbots, analytics...
Feb 13 2019 // Nationwide’s latest venture capital investment is in a core technology start-up that promises to help insurers create new insurance products and get them to market faster and integrate more easily with future...