CTO / Technology
The Latest Launches From Verisk and Kovrr
Verisk launched a new program designed to help insurers cover small business risks unique to the gig economy. Kovrr, a cyber risk modeling company, has developed what it bills as an easy-to-use open ...
Business Leaders Overestimated Their Digital Readiness to Adapt to the Pandemic
Most business leaders overestimated the state of their digital transformation (DX) efforts, hindering their ability to adapt to the pandemic, reveals a new survey from software company Pegasystems ...
Lloyd’s Starts Work With Three InsurTechs With Focus on COVID-19 Response
Lloyd's has started work with three InsurTech startups to help the market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd's has ...
Allstate to Grab National General in $4B Cash Offer
U.S. Insurer Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed ...
Canadian InsurTech MGA Foxquilt Raises Seed Funding for Small-Biz Platform Development
A Canadian InsurTech focused on Small Business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service ...
CoreLogic Rejects Unsolicited Bid, but Willing to Meet Bidders
CoreLogic's Board has unanimously rejected an unsolicited bid from an investment firm and hedge fund, calling it undervalued and not in the best interest of shareholders. The action is in response to ...
Lemonade’s Debut Day of Trading Sees 140 Percent Jump in Stock Price
Lemonade soared on July 2 as its stock price climbing nearly 140 percent in the InsurTech's debut day as a public company. It's a significant achievement for the New York-based startup, which only ...
Aclaimant, a Safety and Risk Management Software Startup, Raises $10M
The InsurTech Aclaimant secured $10 million in venture capital financing to help grow the reach of its workflow platform for safety and risk management. With cash in hand, the Chicago-based startup ...