Industry News
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 ...
Netflix vs. HBO and the Race to the Insurance Customer
"The goal is to become HBO faster than HBO can become us," the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference Founder Caribou Honig thinks ...
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 ...
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. ...
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, ...
Executives On The Move at Validus and The Hartford
Validus Holdings Ltd. made a number of executive appointments following a reorganization into three major divisions. The Hartford named one of its executives to lead Personal Lines. *** Validus ...
Zurich Will Pay $2.14B to Snatch Up ANZ’s Australia Life Insurance Biz
Zurich Insurance Group said it will pay more than $2 billion to acquire the life insurance business from an Asia Pacific-based bank. Zurich's $2.14 billion deal to buy OnePath Life from ANZ ...