Innovation
Lemonade Investor SoftBank Will Pump More Money Into Insurance
SoftBank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a ...
Google Invests in Applied Systems, a Maker of Cloud-Based Software for Independent Agencies
Google's investment arm has purchased a minority stake in Applied Systems, an Illinois-based global provider of insurance technology and cloud-based software for independent agencies. Google has ...
Act 2 of the InsurTech Revolution Is on Its Way
The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and ...
Travelers, Amazon to Sell Smart Home Kits, Promote Insurance Info to Clients
The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits and insurance/risk management information through a digital storefront: Amazon.com/Travelers. The property/casualty ...
Who’s Next? The Value of MGAs vs. Carriers
With Next Insurance making a decision convert from a digital managing general agency for small and medium-sized businesses to a licensed insurance carrier in May, there isn't much to report from the ...
Clearcover Email Marketing Account Hacked, Used to Send ‘Hateful and Obscene’ Emails
A Clearcover email marketing account was hacked early Monday, exposing an undetermined number of client email addresses to "hateful and obscene" messages, the data-driven auto InsurTech startup ...
Digital Transformation Strategy Tip: Hire the Innovators
For executives fretting about pursuing a successful digital transformation, here's a thought: Hire the innovators. There's plenty of pressure to pursue innovation and digital change with existing ...
The Latest Launches From Sompo International and Willis Towers Watson
Sompo International launched a new business unit focused on expanding offerings to more industries in the U.S. market. Willis Towers Watson formed an international InsurTech partnership with Plug and ...