Markets
Digital Insurer Lemonade: License Not Needed by Those Who Adopt Its API Sales Platform
Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites "generally speaking do not have to be licensed as insurance agents or ...
Does the Digital Insurer Spell the End of Agents and Brokers?
Does the digital insurer spell the end of agents and brokers? Not at all, according to some speakers at the InsureTech Connect Conference in October. While the roles of agents and brokers in personal ...
A Language Lesson for P/C Insurers
InsurTech leaders speaking at the InsureTech Connect Conference in October had a message for traditional insurers they have probably heard before: The language that insurance agents and carriers use ...
Ganging Up on Blockchain and Other Hyped Tech Concepts
What is the most hyped InsurTech concept? At the 2017 InsureTech Connect Conference, the favorite answer seemed to be blockchain, although Munich Re Digital Partners CEO Andy Rear was hesitant to ...
Quantemplate, a Machine Learning Data/Analytics Startup, Pulls in $3.3M Funding Round
Quantemplate, an InsurTech firm specializing in machine learning data transformation and analytics, raised $3.3 million in new funding to fuel its expansion plans in the UK, US. and European markets. ...
The Latest Launches From Octo Telematics, BOLT and Lockton
Octo Telematics is expanding how auto insurance customers can buy its telematics tech. BOLT Solutions, Inc. teamed up with LexisNexis Risk Solutions to simplify how insurance can be purchased. ...
AIG Ramps Up Analysis Efforts for Insuring Against Cyber Risks
American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, ...
In Zurich’s Financial District, Landlords Resist Rent Cuts and Offices Lie Empty
Two floors of a prime lakeside office building in the heart of Zurich's financial district remain empty six months after they were offered for lease. While that's a cost for owner Zurich Insurance ...