CTO / Technology
Cognitive Computing Takes Off
Cognitive computing is catching on fast among property/casualty insurance companies, which are embracing the new technology in pursuit of labor efficiency more than labor replacement—at least for ...
Cape Analytics Brings Cutting-Edge Property/Data Analytics Offerings to 8 More States
Cape Analytics, a startup that relies on machine learning, computer vision and geospatial imagery to produce propriety property data for insurance carriers and others, is expanding. After a start in ...
Blockchain Insurance Broking Deal Arrives in Bitfury/Risk Cooperative Tie-Up
U.S. technology company The Bitfury Group said on Friday it had formed a strategic partnership with advisory firm Risk Cooperative to use the blockchain digital ledger in the $60 billion insurance ...
Hiscox/Bold Penguin Partnership Envisions Online Future for Commercial Lines P/C Agents
Hiscox inked a new partnership deal with Bold Penguin, an InsurTech startup known for an online marketplace portal for commercial lines property/casualty agents. Neither side is disclosing financial ...
Blockchain and Insurance: The Time Is Right, But for What?
Twenty years ago, people who thought that the Internet would completely transform business processes would have been right—but they could also have lost a lot of money investing in "dot com" ...
U.S. Senate Trio Plan to Introduce Self-Driving Car Legislation
A bipartisan trio of U.S. senators said on Tuesday they planned to introduce legislation to remove regulatory roadblocks to the introduction of self-driving cars, including sorting out conflicts ...
The Latest Launches From Chubb, CNA, Allianz Global Assistance and More
Chubb boosted its insurance capacity for terrorism, political violence and war risks. CNA launched a new Affinity Programs unit within its specialty arm. Allianz Global Assistance will team with ...
Notion, an Internet of Things Home Security Startup, Raises $10M
XL Catlin's venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a smart home sensor that enables lower-cost home ...