CTO / Technology
Nationwide, Nexar Report Telematics Success On Commercial Auto Pilot
One of Nationwide's commercial insurance policyholders is realizing the benefits of venture-capital investment that the insurer made in a telematics startup and a pilot program that is reducing risky ...
What Insurance Has In Common With Ice Cream, Autos and Mass Transit
Because an ice cream store in my hometown does not have a seating area, patrons gather in the parking lot after making their purchases. As families, sports teams and young couples spoon ice cream ...
Global Insurance Accelerator Begins Search for New Director; Hemesath to Take New Role
The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in InsurTech, ...
Slice Labs, Marketing On-Demand Insurance Platform, Raises Another $20M From Multiple Carriers
Slice Labs disclosed it has pulled in another $20 million in venture financing, with plans to use the money to accelerate globalization of its platform that enables on-demand insurance. The ...
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...
Editor’s Letter: Reflections on the Year Without a Summer
It wasn't until mid-July this year that I had ever heard the term "lava bomb" or thought about the prospect of a Category 6 hurricane. But both were in the news around the time I read about another ...
InsurTechs, Mutual Insurers Gain Plenty by Joining Forces: A.M. Best
Technology-oriented insurance startups and established small mutual property/casualty insurers may find they are better off partnering than competing. Mutual P/C insurance companies continue to face ...
Fitbit Needed: John Hancock Moving Fully to Interactive Life Insurance Dependent on Devices
John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health ...