Technology/Science
Lemonade Co-Founder Calls Out Amazon for Poaching Employees
With two social media posts, Lemonade Co-Founder Shai Wininger called out Amazon for poaching the employees of his insurance carrier powered by artificial intelligence and behavioral economics, also ...
Machine Learning From the Insurance Trenches
There has never been a book that changed my world view like "The World Is Flat" by Thomas Friedman. I was in my early 20s, and the book helped me realize I was competing with other workers throughout ...
Hippo, an InsurTech Focused on the Homeowners Market, Readies an Expansion
Hippo, an InsurTech focused on providing super-quick homeowners insurance, said it is gearing up for U.S. expansion enabled by a new strategic partnership. The California-based startup said it has ...
How AI Will Revive Auto Insurance
Is auto insurance going to vanish as autonomous vehicles take over the roads? Will people be completely hands off their steering wheels in the next five to 10 years? Currently, the auto insurance ...
Toyota Teams With Amazon, Pizza Hut, Uber on Driverless Delivery Car Concept
Toyota Motor Corp., trying to transform itself into a leader of the new driverless economy, unveiled both the concept vehicle and the big-name partners to make it a reality. Amazon.com Inc. has ...
5 Auto Insurance Trends to Watch in 2018
Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for ...
The Institutes Completes Blockchain Proof-of-Auto-Insurance Product; Nationwide to Test
The Institutes' work with insurers in the blockchain space has led to a debut product – a tool designed to establish proof of auto insurance. Nationwide is the first carrier to bring it to ...
Lemonade Secures $120M in New Financing to Fuel Global Expansion
Digital insurer Lemonade Inc. announced a $120 million Series C funding round it will use to help accelerate a global expansion in 2018. SoftBank Group led the round, joined by existing investors ...