Innovation
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...
The Latest Launches From Beazley and Allstate
Beazley is adding more new options to its Breach Response coverage for small and midsize policyholders in the United States. Allstate Roadside Services is expanding a pilot program with Lyft designed ...
AXIS Capital Weaves Greater Tech Use Into New Reorg Plan
AXIS Capital Holdings is reorganizing its operations in a bid to focus more on technology and innovation, with an eye on long-term profitable growth. Executives hope to put the new changes in place ...
Root Expands Into Four More States With Telematics-Based Auto Insurance Cover
Root, a telematics-based auto insurance startup, has expanded into four additional states, bringing the total in which it operates to 10. New state approvals to operate are from Pennsylvania, Texas, ...
Armed With a $25M Infusion, Hippo Envisions National Homeowners Insurance Expansion
Hippo has nailed down $25 million in new Series B funding, a cash infusion the provider of super-quick homeowners insurance will use to fuel a hiring and geographical expansion. Comcast Ventures and ...
The Latest Launches From Willis Re and Munich Re
Willis Re beefed up its cyber risk portfolio modeling tool to include a new, key feature. A deal Munich Re forged with another company enables its insurance carrier clients to obtain drone ...
Guidewire Software Teams With Global Startup Platform Plug and Play
Guidewire Software said it joined up with global startup platform Plug and Play to help promote technology innovation in P/C insurance. Specifically, Guidewire will work with certain Plug and Play ...
Argo Group CEO Watson: InsurTechs Are Better Versions of 1990s Startups
Argo Group CEO Mark Watson compared InsurTech companies to the dot-com startups from the late 1990s, many of which crashed and burned. He argued that these newer models, however, come with a lot more ...