Technology/Science
Uber, Waymo Exploring Self-Driving Tech Partnership
Uber Technologies Inc is talking with Alphabet Inc's autonomous driving unit Waymo about using its technology on Uber's ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, ...
The Latest Launches From Chubb and OneBeacon
Chubb is now offering new personal cyber protection coverage meant to go with one of its primary homeowners policies. A unit of OneBeacon Insurance Group rolled out coverage designed to tackle life ...
Cyber Attackers Claim They Struck Two Large Canadian Banks
Bank of Montreal and Canadian Imperial Bank of Commerce said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers in what appeared to be the first significant assault on ...
3 Tips for Commercial Insurers Pursuing Technological Change
Commercial insurers, like other carriers, are gearing up for some major technology-driven transformations. Here, we list three ways that insurers can ready their organizations for the changes to ...
InsurTech Investment Deals Hit New High in Q1: Willis Towers Watson
InsurTech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
Apple Getting Another $539M From Samsung in Long Fought Patent Battle
Apple Inc. won $539 million from Samsung Electronics Co. in the final throes of the companies' U.S. court struggle over smartphone technology, seven years after the start of a global patent battle. ...
Much More M&A Is Coming as Companies Seek Scale/Tech Advances: A.M. Best
Expect more property/casualty insurance and reinsurance M&A deals in the months ahead — particularly among smaller carriers — as companies continue seeking scale and technology to improve ...