Technology/Science
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
Telematics Startup Roost Raises $10.4M From Three International Insurance Companies
Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva Ventures led the Series B financing; ...
Industrial and Consumer Robots Are Quite Hackable: Researchers
Some of the most popular industrial and consumer robots are dangerously easy to hack and could be turned into bugging devices or weapons, IOActive Inc. said. The Seattle-based cybersecurity firm ...
Verisk Analytics Commits $322.7M to Buy UK Software Firm Sequel
Verisk Analytics plans to acquire Sequel for $322.7 million, a deal that will give it a UK-based software firm focused on complex commercial and specialty insurance. Sequel is currently owned by ...
Common Misconceptions and 4 Other Reasons Cybersecurity Is Failing
Businesses are spending a small fortune on cybersecurity but what they are doing is not working very well, according to a cybersecurity expert who sees the insurance industry as a key to improving ...
The Latest Launches From Baron, MedPro Group and Pioneer Special Risk
Baron launched a new weather data distribution service. Berkshire Hathaway's MedPro Group expanded its international facility coverage capabilities for U.S.-domiciled risks. Pioneer Special Risk ...
Why Should RPA Matter to Insurers? Kryon CEO Tayeb Explains
Kryon Systems CEO Harel Tayeb operates in a technology space that he asserts is increasingly important to insurers. His Israel-and New Jersey-based company develops and sells robotic process ...
Shining a Light on Dark Data
Eighty-five percent of the matter in the universe is invisible to us, and little is known about it. Scientists call it "dark matter." Dark matter interacts with the rest of the universe—in fact, ...