Technology/Science
Root Insurance Raises $100M; Money Will Propel Continued Hiring Push, National Expansion
Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global ...
FRISS Adds Online Network Analysis to Its Fraud Detection Arsenal
Insureds looking to commit fraud will no longer be able to simply ask a friend or neighbor to sign as a witness to a claim for car damages, thanks to a new offering from FRISS, a worldwide provider ...
Insurance Premiums From InsurTech to Exceed $400B by 2023
Insurance premiums generated by emerging InsurTech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a new study from U.K.-based Juniper Research. The ...
Self-Driving Cars Won’t Hit the Streets Until Pedestrians Learn How to Cross
You're crossing the street wrong. That is essentially the argument some self-driving car boosters have fallen back on in the months after the first pedestrian death attributed to an autonomous ...
Argo Group’s Tech Investments Earn Kudos, Outlook Upgrade From S&P
Argo Group's investment in a digital infrastructure and new growth earned a vote of confidence from Standard & Poor's, which raised its outlook for the specialty insurer and reinsurer to positive ...
Teen Reportedly Hacks Apple Mainframe; Company Reassures Customers
Apple Inc said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and ...
Banks Strengthen Security After ATM Cyber Attack Plot Warning From FBI
Banks are on alert for new attacks targeting cash in ATMs after the Federal Bureau of Investigation warned U.S. lenders last week of a potential threat. "The FBI routinely advises private industry of ...
Execs See AI as Reshaping Finance But Disagree on What It Is
Global financial leaders are convinced artificial intelligence is poised to reshape their industry, and they're ready to invest big. They just can't agree on what it is. The World Economic Forum ...