Innovation
DroneBase Raises $12M in New Financing; Insurers Among Drone Operator’s Customers
DroneBase raised $12 million in new funding to expand its drone operations services for insurers and other businesses. Union Square Ventures and Upfront Ventures co-led the round. DJI and new ...
The Latest Launches From QBE, GuideOne/Roost and Zurich/CoverWallet
QBE North America has teamed up with a company to expand access to some of its professional liability coverage. GuideOne Insurance has started offering Roost Smart Water Leak and Freeze Detectors in ...
Weather Analytics Company Understory Wins Patent for Proprietary Sensor Tech
Understory secured a patent for sensor technology used as part of its private network to collect real-time weather data on the ground in great detail. Alex Kubicek, CEO of the Wisconsin-based weather ...
March 1 Autonomous Car Summit Planned by U.S. Transportation Dept.
Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, ...
Tech Innovation Moves From Coalition/HackerOne and Munich Re/StarMind
Coalition will partner with HackerOne to offer its cyber insurance small business clients programs to reduce hacking risks. Munich Re will start using artificial intelligence technology from Starmind ...
Argo Group CEO Watson Touts Early Tech Adoption, Eagerness to Adapt as Smart Moves
In an age of big data and machine learning, some carriers are still assessing what technological investments they'll need to adapt and compete. Mark Watson, the long-time CEO of Argo Group, insists ...
The Latest Launches From Erie Insurance and Validus Holdings
Erie Insurance plans to start offering home telematics products developed by the startup Roost that help detect water damage. An arm of Validus Holdings has launched a standalone cyber insurance ...
Startup Bets on Underwriting By Friends and Family
InsurTech startup InsurePal (now known as VouchForMe) is developing an insurance platform that aims to revolutionize the industry's model for risk selection and fraud prevention by "social proofing" ...