CTO / Technology
2017 Predictions Part II: InsurTech, Australia D&O and India Cyber Insurance
InsurTech was an insurance buzzword in 2016, and that's likely to continue next year when it will permeate almost every aspect of U.S. industry, according to a prediction from international law firm ...
Guidewire Grabbing ISCS for $160M, With an Eye on the Cloud
Guidewire, a software company focused on the P/C industry, will buy a tech outfit specializing in cloud computing for about $160 million in cash. The acquisition also helps it access the small ...
XL Catlin Invests $4M in a Swiss InsurTech Microinsurance Startup
XL Catlin's investment arm committed $4 million in first-round financing to Stonestep, a property/casualty InsurTech startup looking to streamline how microinsurance is sold in emerging markets. The ...
Allstate Signs on for Multiyear Autonomous Vehicle Research Project at Stanford
Allstate Insurance Co., the nation's largest publicly held personal lines insurer, is continuing its drive into new technology, agreeing to a multiyear research project with the Intelligent Systems ...
Communications, Media, Tech Firms’ Risk Awareness Higher Than Actual Preparedness: Marsh
A large number of communications, media and technology companies see their risks becoming more complex or larger in the years ahead. While that awareness is high, however, protection and preparedness ...
Google Spins Off Self-Driving Car Project Into New Company
Google parent company Alphabet Inc. is separating its self-driving car project into a new business called Waymo, seeking to sharpen its focus on changing the transportation industry. John Krafcik, ...
Cyence’s CEO Sees an Urgent Need to Model Cyber Risk
Property/casualty insurers continue to explore ways to better insure cyber risk. Cyence digs deeper, modeling the financial impact cyber events can cause. Launched a little over two years ago in ...
U.S. Regulators Are Missing Commercial Drone Safety Violations: Govt. Report
U.S. aviation regulators approved commercial drone applications so quickly in recent years that they missed safety violations and took few enforcement actions, a government watchdog report concluded. ...