Innovation
AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020
American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines. As of January 2020, AIG said that virtually all of its commercial ...
Prudential Will Pay $2.35B for Online Insurance Startup Assurance IQ
U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion, as it looks to tap into a wider base of consumers who purchase policies ...
InsurTech Zeguro Launches Small Business Cyber Risk Management Platform
Zeguro said it has formally launched its platform designed to help small and midsize companies quickly deal with cyber threats in multiple ways. The San Francisco-based startup, which describes ...
W.R. Berkley Joins $10M Financing for Tremor, a Reinsurance ‘Smart’ Market Platform
W.R. Berkley Corp. is among the investors behind a new $10 million financing round for Tremor, a startup developing a reinsurance "smart" market platform. The Boston-based startup said that several ...
Innovation Not Only for the Young; Creativity Peaks in Mid-50s: Research
If you believe that great scientists are most creative when they're young, you are missing part of the story. A new study of winners of the Nobel Prize in economics finds that there are two different ...
Another ‘Team Project’? Snap Judgments, Leader Expectations Impact Results
Hearing the words "team project" can spark fear in the hearts of business professionals. Does this initial negative perception mean that the project is doomed from the start? Dustin Sleesman, ...
Homeowners Insurance Startup, Underwriting Platform Form Separate Partnership Arrangements
Home insurance startup Swyfft is partnering with a subscription app designed to help homeowners catch and address issues before they become costly repairs. DataCubes is joining forces with a ...
Tesla Begins Offering Auto Insurance to Its California Customers
Tesla Inc. began offering auto insurance to its vehicle owners in California, touting rates as much as 30% lower without offering much detail. The electric-car maker is offering online quotes through ...