Industry News
Arch Partners With Non-Profit to Increase Women in Technology Positions
Arch Capital Group will partner with a non-profit dedicated to boosting the number of women in insurance technology positions. The Bermuda-based insurer and reinsurer said it would link up with Women ...
EU Asks Several Aon Rivals Which One Should Buy Assets in Aon-Willis M&A Deal
EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered to sell to address competition concerns about its $30 billion Willis ...
Insurance Fraud Bureau, Shift Technology to Develop AI-Based Fraud Detection System
The Insurance Fraud Bureau and Shift Technology will partner on developing a new fraud detection system for the UK insurance sector. Expectations are that the new platform will be in play by early ...
American Family Spinout Arturo Raises $25M to Expand AI-Driven Predictive Analytics Platform
American Family Insurance spinout Arturo pulled in $25 million in venture financing – a big boost to the company's AI-driven, property-centric predictive analytics platform. "A deeper property ...
Three Senators Want to Create Mandatory Driver Monitoring Systems
Three Democratic U.S. senators on Monday said they are introducing legislation that would require U.S. regulators to mandate installation of driver-monitoring systems to ensure motorists pay ...
Auto Insurance MGA Focused on Underserved Populations Raises Seed Funding
A startup managing general agency designed to give underserved populations affordable access to auto insurance has raised seed funding to help it launch an initial product. Sigo pulled in $1.5 ...
The Latest Launches From Duck Creek/Mindtree and Travelers
Duck Creek Technologies and Mindtree are developing improved customer experience processes for UPC Insurance. Travelers released a revamped mobile app for personal insurance customers. *** Mindtree ...Slice Labs CEO Attia Adapts After a Challenging COVID Year
About a year ago, two months into the COVID-19 pandemic, Slice Labs laid off about a third of its staff due to the coronavirus-related economic environment. Like many other startups, the company ...