Leadership & Strategy
Allstate, Starr Companies Join $18M Financing for Amenity Analytics
Hank Greenberg's Starr Companies and Allstate contributed to a new $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze ...
‘New Recipe’ Could Make Innovation Easier
Two years ago, when Michael Fitzgerald, a senior analyst at Celent, was interviewing Tim Attia, the CEO of Slice Labs, Fitzgerald asked Attia how much it cost to launch the InsurTech's first product. ...
Argo Urges Shareholders to Reject Voce’s ‘Poorly Researched Claims’ at Annual Meeting
Argo Group is urging shareholders to reject allegations of "reckless behavior" and "poorly researched claims" from activist stockholder Voce Capital Management when the company's annual shareholder ...
Uber Spent More than $1B on Driverless Cars So Far
Uber Technologies Inc. has spent more than $1 billion on autonomous vehicle technology to compete with giants such as Alphabet Inc., Apple Inc. and General Motors Co. The ride-hailing company ...
Is Insurance Innovation Disruptive Enough?
Less than 10 percent of insurance carriers responding to a recent survey said they spend more than half their time on "disruptive innovation"—and that 10 percent figure has stayed roughly the same ...
Lloyd’s Syndicate Ascot Underwrites New Global Crop Insurance Platform
Farmers can now for the first time insure their produce against price volatility as easily as insuring their homes, with a global platform based on hundreds of niche commodity indexes, underwritten ...
Lemonade’s New $300M Financing Will Propel Expanded Insurance Offerings, European Push
Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan's SoftBank Group Corp, the company said on Thursday. Other investors included insurer Allianz SE, ...
Improve Retention and Increase Conversion by Getting the Most Out of Credit Data
In an era when insurers are increasingly reliant on data to automate underwriting and segment risk, lower new business application conversion has put pressure on company expense ratios. This is due ...