Technology/Science
InsurTech CoverWallet Secures $18.5M to Grow Small Biz Insurance Platform
Digital business insurance agency CoverWallet said it has closed an $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, ...
Now Open: Lemonade Shares API Platform With ‘The World’
Lemonade announced Tuesday that it launched a public API (application programming interface), allowing anyone to seamlessly offer Lemonade policies through their apps or websites. "Today, we're ...
Trump Admin Fix for Cyber Breach Risk: Do Away With Social Security Nos.
The Trump administration is exploring ways to replace the use of Social Security numbers as the main method of assuring people's identities in the wake of consumer credit agency Equifax Inc.'s ...
Channeling Disruption: Why Underwriters Need to Rally Around Small Biz Insurance Brokers
The role of the small business insurance broker is under assault as the rise of InsurTech disrupts the traditional insurance value chain. With more than $5 billion invested in InsurTech startups ...
Willis Towers Watson Selling Telematics Tech to Octo; Both Will Jointly Develop More
Willis Towers Watson plans to sell its usage-based insurance assets to Octo Telematics, a UK telematics company focused on the auto insurance industry. Once the deal concludes, both companies will ...
U.S. Supreme Court Won’t Yet Decide What Constitutes a Computer Hacking
The U.S. Supreme Court on Tuesday sidestepped a growing controversy over who can give permission to access a computer, a debate that goes to the core of what constitutes hacking in this era of ...
Corporate Social Responsibility Can Get a CEO Fired: Research
CEOs are increasingly encouraged and even pressured to invest in reducing a company's carbon foot print, make the firm more diverse and focus on product safety. But researchers from the University of ...
Lloyd’s Signs Global AI Deal With Expert System
Lloyd's of London wants to infuse artificial intelligence technology into the daily business it does with its customers. The world's largest insurance market signed a global deal with Expert System ...