CTO / Technology
Marshmallow, a $1.3B Car Insurance Startup, Aims for the Big Leagues
For three centuries, a handful of insurers have dominated the market from the City of London. The upstart intent on challenging them rents two floors just outside the district in an area known as ...
Regulation, Technology Know-How Delay Embedded Insurance’s Full Potential: ITC 2021
Embedded insurance has made substantial gains in 2021, but the technology faces regulatory and other roadblocks that postpone its full potential, a panel of experts and industry insiders said during ...
UK Commercial Fleet Insurance MGA Humn Raises $13.7 Million
Humn, a UK-based InsurTech MGA focused on data-driven commercial fleet insurance, has raised $13.7 million in new financing. The money will fuel, in part, further development of its technology and a ...
Munich Re’s Venture Arm Raises $500M for New Fund Focused on InsurTech, Cybersecurity, Other Sectors
Munich Re Ventures, the venture capital arm of Munich Re Group, has closed its new $500 million investment fund, with plans to focus, in part, on InsurTech and cybersecurity. The new financing arm, ...
Government Can and Should Help Reduce Cybersecurity Risks: ITC 2021 Highlights
It's no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions to help reduce risk and stabilize the market, a former federal official ...
Who Will Be Sued? Praedicat Scores Ease Underwriting for Emerging Risks
Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. ...
Carrier Competition Heats Up Over Better Agent Digital Experiences
Agent digital experiences are moving to the forefront of property/casualty insurance carrier tech strategies, according to a survey report published by Celent late last week. Just having a web portal ...
Neptune Flood Acquires Parametric Quake Insurance Broker Jumpstart
Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric InsurTech broker that offers parametric earthquake policies. Terms were not disclosed. ...