Technology/Science
AIG Ramps Up Analysis Efforts for Insuring Against Cyber Risks
American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, ...
France’s Atos Boosts Cyber Security Services With $5.06B Gemalto Buy
French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a ...
Legacy Liability: What’s Holding Insurers Back
Legacy technologies came in for a beating at the InsureTech Connect conference in October. These outdated systems are draining resources and not getting the job done. They are also an impediment to ...
InsurTech MGA Wrisk Gains UK Regulatory Authorization
On the heels of its recent successful crowdfunding raise, the app-based InsurTech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK's ...
Artificial Intelligence Startup Cytora Raises $5.9M From QBE, Starr, Others
Artificial intelligence startup Cytora has raised $5.9 million in new financing from investors including divisions of QBE's venture arm and Starr Companies. QBE Ventures, Starr Global Holding, ...
Law Enforcement Urged to Play Stronger Role in Dangerous Drone Use Prevention
Law enforcement authorities must play a strong role to ensure there are suitable deterrents in place for those flying recreational drones to prevent danger to passenger aircraft, the International ...
Autonomous Vehicle Ride-Hailing Service Coming From Nissan in Early 2020s
Nissan Motor Co. said it will test an autonomous ride-hailing service on public roads in Japan in March, aiming to officially start the "robot taxi" rides in the early 2020s. The carmaker will put ...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by ...