Innovation
State Farm Invests $1.2B in ADT; Adopts ‘Predict and Prevent’ Mindset
State Farm and ADT, a smart home provider, announced that State Farm will make a $1.2 billion equity investment in ADT, a move that will give the nation's largest insurer a 15 percent ownership stake ...
Why Some Firms Beat the Post-IPO Innovation Slump
Researchers from Goethe University, Duke University, and London Business School published a new paper in the Journal of Marketing that explains why some companies remain innovative even after they go ...
Truly Transformative Tech: Hype vs. Results
As digitization across the insurance industry accelerates, it can be tempting for insurers to jump on the proverbial bandwagon and devote resources to every new technology that promises fundamental ...
Erie Insurance Launches Venture Capital Fund
Erie Insurance has launched a venture capital division dedicated to investing in and providing support for visionary entrepreneurs. Erie Strategic Ventures' focus will span the personal and ...
CEO Viewpoint: The Rising Value of Flexibility in Life, Work and AI
Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We've had to ...
InsurTech Fund Opens Applications for Digital MGA Lab
InsurTech Fund, a venture capital fund associated with InsurTech NY, announced that it will be accepting applications for its first Digital MGA Lab. Applications will be accepted July 7-27 and are ...
InsurTech NY Accepting Applications for Third Accelerator Cohort
InsurTech NY announced that it is now accepting applications for its third annual growth-stage accelerator. The application window will run from July 6-29, and applications can be submitted through ...
Don’t Count Out InsurTech Disrupters, Carrier CEOs Say
InsurTechs bent on disrupting the insurance industry haven't succeeded so far, but a future wave of InsurTechs might emerge to accomplish a similar goal, carrier executives said recently. Speaking at ...