Technology/Science
A New Way to Fight Cyber Attacks: Artificial Intelligence
Last year, Microsoft Corp.'s Azure security team detected suspicious activity in the cloud computing usage of a large retailer: One of the company's administrators, who usually logs on from New York, ...
Slice Labs Opens Innovation/Product Development Hub in Toronto
Slice Labs Inc., maker of an on-demand insurance cloud platform, launched an innovation hub in Toronto designed to help it test new on-demand insurance products. The company, which began as a seller ...
Cambridge Mobile Telematics Attracts $500M SoftBank Investment
Cambridge Mobile Telematics, whose technology is used globally by insurers and others, attracted a $500 million investment from the SoftBank Vision Fund designed to fuel global growth. "This ...
American Family Invests in TicketGuardian, Provider of Specialty Insurance for Events, Ticket Holders
American Family Insurance co-led the $8 million Series A financing round for TicketGuardian, an InsurTech startup that helps insure concert and event organizers, as well as customers who buy tickets ...
Cyber Attacks on Connected Cars See Substantial Increase
Hopping into an Uber or a Car2Go is a great way to get around. Unfortunately, hackers agree, exploiting weaknesses in apps to go on "phantom rides" with someone else's profile. From such trips—like ...
Between an Ant and a Grasshopper, Lemonade’s Results ‘Most Improved’
The three U.S. venture-backed InsurTech carriers we have been tracking for several quarters have more money, more premium and more losses as we head into the last quarter of the year. During the ...
It’s Not Just the Marriott: Hotels Are Vulnerable to Hackers
Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, ...
The Latest Launches From Starr Insurance and Willis Towers Watson
Starr Insurance Companies said it will begin marketing aviation insurance through its Brazil-based subsidiary. Willis Towers Watson is now marketing the latest version of its Radar pricing ...