CTO / Technology
New York Issues First-of-Their-Kind Cyber Regs for Insurers and Banks
New York Governor Andrew Cuomo on Tuesday issued long-anticipated proposed cyber security regulations for banks and insurers in the state, the first of their kind in the United States by any state or ...
Allstate CEO Sees Transport Advances Leading to Unrivaled Chance for Wealth Creation
Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country's transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the ...
Liberty Mutual Debuts Insurance Service for Amazon’s Alexa Voice-Controlled Device
Now shopping for insurance is simpler than ever. Just speak up. Liberty Mutual Insurance has launched the first insurance-focused service for Amazon's Alexa, a voice-controlled device that plays ...
We Could Have a $500M U.S. Drone Insurance Market by 2020
The fledgling drone insurance market could be worth more than $500 million in the U.S. by the end of 2020 and $1 billion globally, assuming growth projections for the technology's commercial use ...
The Latest Launches From Allianz, RMS, Willis Re and More
Allianz Global Corporate and Specialty added a new company to its panel of experts that helps businesses minimize post cyber-attack damage. RMS unveiled a new exposure analytics product. Willis Re is ...
U.S. Motor Vehicle Premiums Will Plunge as Autonomous Vehicles Advance: Aon Benfield
The rollout of autonomous vehicles over the next few decades could lead to a massive reduction in U.S. motor vehicle premiums in the coming years, Aon Benfield said in a new report. Expectations are ...
Trov Teams With Munich Re for 2017 U.S. Launch of On-Demand Insurance Platform
Trov, an on-demand insurance startup, is revving up plans to enter the U.S. market in 2017, by way of a partnership with Munich Re. Plans call for phasing in Trov's on-demand insurance into all 50 ...
Generali and Progressive Will Jointly Pursue Telematics Research
Europe's The Generali Group and Progressive Group of Insurance Companies of the U.S., both among the leaders in car insurance telematics, said they have entered into an research and development ...