Innovation
The Latest Launches From AXA XL, Bold Penguin/CNA and W.R. Berkley
AXA XL launched a six-week program designed to enable client risk managers to develop new products and services for complex risks. CNA is now officially part of a new commercial insurance platform ...
Executives On The Move at Next Insurance and CFC
InsurTech startup Next Insurance made two major executive appointments, turning to technology company veterans to fill both slots. A former American International Group executive is joining ...
CyberCube Analytics Pulls in $35M Financing, With Plans to Broaden Marketing Efforts
CyberCube Analytics, a cyber risk analytics startup focused on the insurance industry, pulled in a $35 million financing to help fuel further growth. The San Francisco-based InsurTech said it will ...
The Latest Cyber Launches From Zurich and Brit Ltd.
Zurich Insurance rolled out new, industry-specific endorsements to its cyber insurance policy designed to expand coverages provided to the manufacturing industry. Brit Ltd. said it has launched an ...
Daimler, Acknowledging Obstacles, Lowers Expectations for Self-Driving Robotaxis
Daimler has taken a "reality check" on self-driving "robotaxis," acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief ...
Generali Takes on AXA With Debut of New Art Insurance Unit
Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ...
Lloyd’s Lab Initiative Spurs New Praedicat Peril Casualty Insurance Product
Praedicat Inc., a Los Angeles-based liability risk analytics software company, said it is developing a new insurance product to help global industrial companies secure coverage for innovative and ...
Some Argue Blockchain Enthusiasm Is Fading Quickly
For a technology that was supposed to transform and solve seemingly every problem in the world, the enthusiasm is fading pretty quickly. Blockchain, the underlying technology that powers ...