Technology/Science
InsurTech MGA Clearcover Pulls in $43M Series B; American Family Among Investors
American Family Insurance joined onto a new $43 million financing round for Clearcover, a managing general agent with an artificial intelligence-driven platform focused on car insurance. The Chicaco, ...
QBE Joins $30M Financing Round for Machine Learning Startup HyperScience
HyperScience, a startup using machine learning to automate office work-related data entry and more, attracted $30 million in Series B financing from investors including Australian insurer QBE. New ...
U.S. Proposes Dramatic Expansion of Commercial Drone Flights
The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into ...
Fortellix Raises $14M to Automate Generation of Safety Data for Driverless Vehicles
An Israeli-based startup focused on automating the generation of safety verification data for autonomous vehicles has raised a $14 million Series A financing round. Fortellix raised the money from ...
Companies Fear Business Interruption and Cyber Attacks the Most: Allianz Risk Ranking
Business interruption and cyber incidents remain the top two business risks, but other challenges such as tariffs and Brexit are gaining ground, according to the 2019 Allianz Risk Barometer. ...
Iran Suspected Culprit Behind Hack Attacks on Govt., Communications Infrastructure
Cyber attackers in Iran could be behind a wave of hacks on government and communications infrastructure that will require a coordinated global response to repel, according to cybersecurity firm ...
Two InsurTechs Chosen to Represent North America in Zurich Innovation World Championship
Zurich North America chose two InsurTech companies to represent North America in its first-ever Zurich Innovation World Championship. Chisel, based in Toronto, is an AI-based provider of products and ...
The Latest Launches From CFC and Legal & General
CFC debuted updated cyber insurance coverage that addresses some emerging risk areas. Legal & General plans to bring robotic intelligence into its customer service. *** U.K.-based specialist ...