Innovation
Massachusetts-Based Cybersecurity Company Raises $200M to Fuel Global Expansion
Antivirus startup Cybereason said on Tuesday it raised $200 million in investment from Japan's SoftBank Group Corp, doubling the total investments raised by the company so far to about $400 million. ...
Stalled Self-Driving Car Legislation May Still Have Some Life
Two key committees in the U.S. Congress on Tuesday said they will revive efforts to pass long-stalled legislation to speed the adoption of self-driving cars. The House Energy and Commerce Committee ...
GEICO, Following Progressive and Others, Adds Telematics to Track Driver Behavior
Berkshire Hathaway's GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years. Berkshire Hathaway's GEICO has been one of ...
AI and Bionic Eyes Poised to Be the Latest Wildfire Risk Reduction Tools
On a tower in the Brazilian rain forest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren't human. They don't blink or take breaks, and guided by artificial intelligence ...
The Latest Launches From Starr and Travelers
A division of Starr Insurance Companies debuted a distribution channel to sell coverage that benefits small federal government contractors. Many customers for The Travelers Companies Inc. will now be ...
11 InsurTech Startups Join Lloyd’s Innovation Accelerator Program
Eleven new InsurTech startups are joining Lloyd's of London's innovation accelerator program. More than 130 applications came in from across the world for the third cohort of the Lloyd's Lab, its ...
The Latest Launches From Tokio Marine HCC and Chubb
Tokio Marine HCC formed a new subsidiary in Mexico designed to help address customers' surety needs in Mexico. Chubb launched specialized coverage designed to address unique exposures that impact ...
The Latest Launches From MGAguard and Sompo International Holdings Ltd.
A division of Sompo International Holdings Ltd formed a partnership that allows it to offer its insurance products and services to golf courses and country clubs. A new technology-enabled MGA ...