CTO / Technology
Insurers Risk Plenty by Keeping Their Technology Budgets Static: Novarica
Insurers' technology budgets remain flat in an age of disruption and technology - a risky move in the face of increased rivalry from tech-enabled upstart competitors, consulting firm Novarica said in ...
Aon Expands Cyber Risk Advisory Abilities With Planned Stroz Friedberg Acquisition
Aon plc plans to snatch up a global cyber risk management advisory firm, a move that will allow the broker to beef up its services in a fast-growing sector of the business. An Aon subsidiary is ...
Unusual Move: Lemonade Reveals Data From Initial 2 Days of Operation
Lemonade, the peer-to-peer InsurTech startup that launched only a few weeks ago on Sept. 21 selling renters and homeowners insurance in New York, sold 142 policies and generated $14,300 in gross ...
Allianz, Toyota, BMW Seal Data-Sharing Deal With Autonomous-Tech Firm
Global automakers Toyota, BMW and insurer Allianz will license technology from Silicon Valley start-up Nauto, which uses cameras and artificial intelligence systems in cars to understand driver ...
Forecasters Saw Hurricane Matthew’s Damage Before It Happened
As Hurricane Matthew rolled toward Florida last week, the meteorologists at Verisk Analytics were tracking its every move. They weren't just plotting the usual meteorological stuff, though, and ...
Markel, EMC Join Global Insurance Accelerator Program
Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business focused on developing innovative insurance-centric startups. Eight insurers are already participating ...
The Latest Launches from Slice Labs and Zurich Insurance
Slice Labs is now offering on-demand for insurance to folks who rent their homes through various online platforms. Zurich Insurance launched multiline coverage for mid-sized energy companies. *** ...
Praedicat Signs Swiss Re to New Liability Insurance Risk Modeling Platform
Praedicat, a liability catastrophe modeling company, released its new liability insurance risk modeling platform and says it has secured Swiss Re as its first licensee. The new platform, known as ...