CTO / Technology
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
New U.S. Regulator Defends Possible Federal Regulation of Fintech
The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders. The Office of the Comptroller ...
Allianz, GM, BMW, Toyota Invest in Self-Driving Software Startup Nauto
General Motors Co and Japan's Softbank Group Corp are among the latest investors in Nauto, a Silicon Valley startup developing software for self-driving vehicles. Nauto, based in Palo Alto, said on ...
Travelers Adds Smartphone App to Usage-Based Auto Insurance Option
Travelers is debuting a smartphone app designed to go with its usage-based auto insurance coverage, with an initial launch in two states. Participating customers who use the app and drive safely can ...
The Latest Launches From Nationwide and Willis Towers Watson
Nationwide added a function to Amazon Alexa that lets subscribers of its usage base auto insurance program access data via voice command. Willis Towers Watson is debuting a virtual, actuarial ...
Hamilton USA CEO Macia to Take Charge of New AIG Tech-Focused Subsidiary
American International Group under new CEO Brian Duperreault is moving quickly to pursue next-generation technology. The insurer has formally disclosed plans to name Hamilton USA CEO Seraina Macia as ...
Chubb Makes Cyber Risk a Global Standalone Business; Focus Will Be on Next-Gen Needs
Chubb is making its Cyber Risk practice a standalone business and bringing in an executive from a D.C.-area management consulting firm to lead it. Bill Stewart is the new division president of ...
Creating a Transparent Experience for Commercial Lines Customers
These days, transparency is a key component of any positive customer experience, regardless of industry or channel. When it comes to the insurance customer experience, however, defining just what ...