Technology/Science
InsurTech Innovation Updates From Lemonade and Roost
Lemonade has come out with a new product that offers new and existing members a "zero deductible" upgrade, letting them make up to two claims annually with no deductible payments or rate hikes. ...
State Auto Eyes Startups and Innovators With New $25M Investment Fund
State Automobile Mutual Insurance Co. is rolling out a $25 million venture fund designed to back innovative P/C industry ideas and startups, but there's a twist. The project is launching through the ...
Equifax CEO Smith Retires After Massive Cyber Attack
Equifax said on Tuesday its Chief Executive Officer Richard Smith will retire following a massive data breach at the credit reporting firm that exposed personal details of up to 143 million U.S. ...
The Latest Launches From Chubb, Travelers, Guy Carpenter and Beazley
Chubb debuted a new package insurance project targeted to businesses of a certain size in Australia. Travelers is now offering an online tool to help contractors identify areas surrounding a jobsite ...
Hackers Hit Deloitte Internal Email Platform, Client Data
Following record results that flagged the growth of its cybersecurity business, Deloitte LLP has revealed that it has been successfully targeted by a cyber attack that let hackers access data from an ...
V2V Driverless Technology Regulations Stall Under Trump
The technology that gives cars superpowers to see around corners and through walls won't be on the first self-driving rides hitting the road in the next few years. Vehicle-to-vehicle communication ...
Commercial Lines P/C Portal Bold Penguin Hires Ex-Ohio Deputy Treasurer as CFO
Bold Penguin, an InsurTech portal for commercial lines property/casualty agents, named a former State of Ohio deputy treasurer as its new chief financial officer. Seth Metcalf will be tasked with ...
The Zebra, an Auto Insurance Comparison Website, Nails Down $40M Series B Financing
The Zebra, an online auto insurance comparison marketplace, plans to use $40 million in new venture funding to double down on brand building, product expansion and customer outreach. Company ...