CTO / Technology
Generali Goes for Artificial Intelligence in Spain Via New Expert System Agreement
Generali is planning to inject the use of artificial intelligence into its work processes in Spain. The Italian insurer will do this by way of an agreement with Expert System, an artificial ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
General Liability Underwriters Poised to Fill Drone Coverage Gap
With traditional aviation insurance policies unlikely to address all emerging risks from the rapid jump in drone use, general liability underwriters are poised to fill the gap, according to a new ...
‘Jackpotting’ Hackers Pilfered $1M-Plus From U.S. ATMs: Secret Service
A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills ...
Digital Startup Neptune Flood Raises $2M to Fuel Private Flood Insurance Market Expansion
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
U.S. Senate Looks for Way to Bring Self-Driving Car Bill to Vote
The chairman of the U.S. Senate Commerce Committee is pursuing different strategies to win approval this year of landmark self-driving car legislation that could make it easier for automakers to get ...
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...
The Content, Not the Technology, Determines the Success of Transformational CX Projects
News about ever-increasing dollars of InsurTech funding can't help but drive property/casualty insurers to seriously consider tech modernization projects to drive growth and efficiency in 2018. That ...