Innovation
Disruption Survival Guide: Why Insurers Need to Craft Broader Business Definitions
How companies define their businesses can help determine their long-term success and even survival. Turn-of-the-previous-century buggy whip and bicycle manufacturers are often cited as examples of ...
SkyWatch, a Drone Data Risk Analysis Startup, Raises $2M With Insurance Industry Support
SkyWatch, a startup focused on analyzing data and risk for the drone industry, has reeled in $2 million in seed funding from a number of investors including insurance industry vets. The company plans ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
The Latest Launches From Starr Companies and Berkshire Hathaway’s GUARD Insurance
Starr Companies said it is debuting some new wrap-up coverage in Canada targeted to the construction industry. Berkshire Hathaway's GUARD Insurance Companies is now offering homeowners and personal ...
Slice Labs’ On-Demand Digital Insurance Platform Now Available to Carriers Via the Cloud
Slice Labs, the developer of on-demand, pay-per-use insurance for homeshare companies and others, started licensing use of the platform it created to outside insurers and startups. The New York-based ...
Digital Startup Neptune Flood Raises $2M to Fuel Private Flood Insurance Market Expansion
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
Want Innovation? Don’t Aim at Distribution
Having spent the better part of the last decade learning, practicing and, in many ways, participating in the creation of innovation as the new discipline in business, I've come to the conclusion that ...