Underwriting
Cyber Attack Sponsored by Nation-State Halts Plant Operations
Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators ...
Uber Investor Sues Over Company’s $680M Acquisition of Self-Driving Car Firm
Uber Technologies Inc. directors were accused of failing to properly review the ride-sharing company's $680 million acquisition of a self-driving technology firm that wound up being accused of ...
A Language Lesson for P/C Insurers
InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use ...
Top 10 Takeaways from InsureTech Connect 2017 Conference
More than 3,800 insurance and technology enthusiasts gathered at Caesar's Palace in Las Vegas in October for the second annual InsureTech Connect Conference. In addition to insurance executives, the ...
Quantemplate, a Machine Learning Data/Analytics Startup, Pulls in $3.3M Funding Round
Quantemplate, an InsurTech firm specializing in machine learning data transformation and analytics, raised $3.3 million in new funding to fuel its expansion plans in the UK, US. and European markets. ...
AIG Ramps Up Analysis Efforts for Insuring Against Cyber Risks
American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, ...
France’s Atos Boosts Cyber Security Services With $5.06B Gemalto Buy
French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a ...
Zurich Will Pay $2.14B to Snatch Up ANZ’s Australia Life Insurance Biz
Zurich Insurance Group said it will pay more than $2 billion to acquire the life insurance business from an Asia Pacific-based bank. Zurich's $2.14 billion deal to buy OnePath Life from ANZ ...