Technology/Science
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, ...
Global Insurance Accelerator Begins Search for New Director; Hemesath to Take New Role
The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in InsurTech, ...
The Latest Launches From Aon and Marsh
Aon co-developed a policy designed to help provide financial support after a terrorist attack. Marsh is expanding its collaboration with IBM to provide clients access to the industry's first ...
Slice Labs, Marketing On-Demand Insurance Platform, Raises Another $20M From Multiple Carriers
Slice Labs disclosed it has pulled in another $20 million in venture financing, with plans to use the money to accelerate globalization of its platform that enables on-demand insurance. The ...
Berlin-Based InsurTech Startup Debuts Home Content Insurance Cover; Micro Policies Planned
InsurTech startup Coya has launched home content insurance cover, designed to be "affordable, transparent and easily accessible." But Berlin-based Coya said home insurance is just the start and that ...
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...