Technology/Science
Hiscox, Chubb Among Investors With CoverHound’s New $58M Series D Financing
Multiple carriers participated in CoverHound's new $58 million Series D financing, money the online insurance comparison shopping platform plans to use to fuel global expansion. Hiscox led the round, ...
MGA/Carrier Partnerships Enable Cost-Effective InsurTech Automation for Small Business Risks
Some of the most exciting innovation coming out of the InsurTech movement is focused on small to midsize businesses and the brokers who serve them. New players are challenging the old model where the ...
Two AI InsurTech Startups Win Zurich Insurance’s First Global Innovation Competition
Two startups focused on artificial intelligence are the big winners of Zurich Insurance Group's first-ever innovation competition. Chisel AI, based in Toronto, is the Gold winner in the Zurich ...
Accenture Starts Selling AI Automation Software Platform Tested Internally
Accenture Plc, the global consulting firm, will begin selling software and services that it's already used internally to automate tasks and redeploy about 40,000 workers. The new platform, that's ...
InsurTech Avinew Raises $5M; Helps Reward Use of Autonomous Driving Tech
InsurTech startup Avinew has raised $5 million in seed financing from American Family Insurance and others, with an eye on helping auto insurers reward drivers that use autonomous and semi-autonomous ...
Cryptocurrency Thefts and Scams Reached $1.7B in 2018: Report
Cryptocurrencies stolen from exchanges and scammed from investors surged more than 400 percent in 2018 to around $1.7 billion, according to a report from U.S.-based cyber security firm CipherTrace ...
Chubb Seals 15-Year Distribution Deal With Chile’s Largest Bank
Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with Banco de Chile, the largest bank based in Chile. "This partnership will ...
Shared Electric Scooters Are Bringing a Surge of Litigation Possibilities
Over the past few years, cities across America have experienced sudden downpours of shared electric scooters, piling up almost overnight on curbs, sidewalks and front-yards from Atlanta to Los ...