Technology/Science
The Latest Launches From Sompo International and Willis Towers Watson
Sompo International launched a new business unit focused on expanding offerings to more industries in the U.S. market. Willis Towers Watson formed an international InsurTech partnership with Plug and ...
Allstate Closes $525M InfoArmor Cash Purchase
The Allstate Corp. has closed its $525 million cash acquisition of InfoArmor, a little over a month after the deal was first announced. InfoArmor is based in Scottsdale, Ariz., and provides identity ...
Startups Nail Down Financing for Customer Management Software, Casualty Claims Tech
Glassbox closed a $25 million round of financing intended to fuel the growth of its digital customer management software. The company's clients include insurance companies such as The Hartford, ...
The Latest Launches From Zurich Insurance and Marsh
Zurich Insurance said it has revamped its cyber insurance policy to include more coverages. Marsh said it is developing a blockchain-based verification product for clients focused on the sharing and ...
UK VC Fund Focused on Insurance Makes First Two InsurTech Investments
Eos Venture Partners' strategic InsurTech fund has made its first two investments. The UK-based specialist venture capital fund, working through its debut EVP 1 fund, committed early financing to ...
Apple Wins Reversal of Patent Lawsuit Verdict Involving Computer Processing Tech
Apple Inc persuaded a federal appeals court on Friday to throw out a $234 million damages award in favor of the University of Wisconsin-Madison's patent licensing arm for infringing a patent on ...
Greenlight Re Invests in Hong Kong-Based Blockchain Business
A division of Greenlight Capital Re has invested in a blockchain-related business based in Hong-Kong. The Cayman Islands-headquartered property/casualty specialist reinsurer said it pursued a ...
Facebook Cyber Breach Affects 50M Users
Facebook Inc has discovered a security issue affecting about 50 million user accounts, the company said on Friday. Facebook said attackers stole Facebook access tokens through its "view as" feature, ...