CTO / Technology
Insurance Software M&A: Sapiens to Grab StoneRiver for $102M
Sapiens International Corp. has agreed to snatch up StoneRiver Inc. for $102 million in cash – one of the larger recent acquisitions in the insurance software and services space. Plans call for ...
Insurance CEOs Worry More About Disrupters Than Execs in Other Industries: PwC
Insurance CEOs are more concerned than leaders in other industries about combined disruptive threats to their revenue growth prospects, according to findings from the 20th annual "PwC Global CEO ...
Guts, People, Regulatory Education Needed to Innovate Insurance
At an industry conference last month, two insurance executives welcomed news of potential flexibility coming from state regulators as they pursue individual paths to digital and data-driven futures, ...
Only 5 Percent of Large UK Firms Have Board-Level Cyber Expertise: Deloitte
Only 5 percent of large U.K. companies say their boards include directors with expertise in information technology or cyber security, even though the vast majority identify hacking and other digital ...
Data-Focused Small Biz Insurance Platform Attune Gains a New CEO
Attune, a data-focused insurance platform and startup that wants to help small and medium-sized businesses meet their risk needs, now has a new CEO to lead it. James Hobson will fill the top slot at ...
Ransomware Attacks Quadrupled in 2016; They’ll Double in 2017: Beazley
Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double ...
Swiss Re, Software Firm SAP SE to Develop Financial Steering/Reporting Product
Swiss Re has formed a strategic partnership with software company SAP SE to develop a product addressing the increasingly complex demands of global regulators regarding financial steering and ...
Facebook on Losing Side of $500M Virtual Reality Headset Verdict
The virtual reality headset maker that Facebook Inc. bought in 2014 for $2 billion used stolen technology, a jury said in awarding $500 million damages to ZeniMax Media Inc. Jurors in Dallas federal ...