CTO / Technology
Digital Carrier Next Insurance Starts Offering Commercial Auto Insurance Policy
Digital carrier startup Next Insurance is debuting its first commercial auto insurance policy. Small businesses can now purchase a commercial car insurance policy separately from Next, or at a ...
Monte Carlo Dispatch: Industry Blockchain Initiative B3i Irons Out Platform Kinks
The industry's Blockchain Insurance Industry Initiative (B3i) announced a year ago it had developed a reinsurance blockchain prototype for a property excess-of-loss (XOL) contract and asked the ...
New Guy Carpenter Subsidiary Manages Carrier Quest for Global InsurTech Partners
InsurTech is often touted as the cure that will solve the insurance industry's inefficient and antiquated processes—from distribution to underwriting to claims. While many insurers want to ...
Lloyd’s Still Set for a Radical, High-Tech Makeover, Promises Outgoing CEO Beale
Lloyd's of London's historic base on Lime Street is heading for a radical makeover, with more focus on shared, collaborative spaces along the lines of a WeWork Cos. office, according to its outgoing ...
Congratulations! You’re Innovating In A Highly Regulated Industry
What's in a name? A recent startup proclaims:"[Company name] Insurance is a [line of business] insurance company that provides [line of business] coverage to small ...
Strategies Revealed: Legacy Carriers Know Exactly How InsurTechs Will Come at Them
There is this great scene in the movie "The Godfather," in which Tom Hagen asks Michael Corleone "You know how they're going to come at you?" regarding some unpleasantness with the heads of the other ...
Zurich Insurance Begins Competition to Find Cutting-Edge InsurTech Collaborators
Zurich Insurance Group believes a competition will help it find cutting-edge startups and entrepreneurs with whom to collaborate in the InsurTech space. The Swiss insurer launched what it is calling ...
Buffett’s Berkshire Hathaway Invests in India-Based Digital Payments Company
Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into ...