Innovation
Erie Insurance Tests Google Glass as Underwriting Workforce Efficiency Tool
Erie Insurance is testing the use of Google Glass in a bid to boost workforce efficiency, something it says will be crucial as waves of baby boomers retire from the industry over the next few years. ...
Allianz, AXA, USAA Recognized in First Innovation in Insurance Awards
Allianz, AXA and USAA are among the winners of the first annual Innovation in Insurance awards. The program, jointly launched by Efma and Accenture, seeks to reward and foster innovation in the ...
CSC Insurance-Telematics Offering Will Have Outsourcing Option
CSC is unveiling a new telematics-based auto insurance technology offering, promising carriers the option of outsourcing the service or blending it into their own system. The Virginia-based provider ...
Two Big Data Companies Merge to Expand Crime-Avoidance Technology
Two companies in the big data realm are planning to merge in a move that will help expand the use of risk-reduction technology that helps users safely navigate high-crime areas. Helios and Matheson ...
XL Catlin, Liberty Mutual Back Internet of Things/Home Security Startup
XL Catlin and Liberty Mutual are among the backers of a new startup focused on developing Internet of Things-related home security technology, with an eye on reducing property damage risks. The ...
Liberty Mutual Launches $150M VC Fund Targeting Innovative Technology
Liberty Mutual formed a new venture capital arm devoted to investments in innovative technology useful to the insurance industry. Liberty Mutual Global Consumer Markets, Liberty Mutual's personal ...
Hiscox USA Swung for the Fences With Two Unconventional Advertising Campaigns
"Leap Year," a scripted series that ran 20 episodes over two years on Hulu, focused on the struggles of a group of young adults as they launched their own business. "Courageous Leaders," an ...
XL Catlin Helps Back Embroker, an Automated Broker Startup
XL Catlin's investment arm contributed to a $12.2 million venture-funding round for Embroker, a startup focused on automating the insurance broker experience for small and midsize business owners. ...