Technology/Science
Insurers Accelerate Their Flight to the Cloud: Novarica
Insurers are largely planning to expand their cloud usage into new areas in the coming months, according to a new Novarica study. Approximately 75 percent of insurers said they would expand their use ...
‘We Can’t Do It Alone,’ Says White House in Urging Companies to Upgrade Cybersecurity
The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware attacks after intrusions disrupted operations at a major ...
Telematics: It’s Not Just for New Business Pricing Anymore
GEICO had the right idea about following Progressive—and the majority of top auto insurers—into the world of telematics, but the benefits of the technology go well beyond matching rate and risk ...
IoT Data Can Help Insurers Cover Existing and New Risks Alike: Geneva Association
Data from Internet of Things-related (IoT) devices is a potential boon to insurers, giving them new options for covering existing and new risks alike, according to a new report published by The ...
Swedish Tech Startup Haidrun Releases Insurance-Focused Enterprise Blockchain Platform
Swedish tech start-up Haidrun debuted an enterprise blockchain platform targeted at insurers and reinsurers. Haidrun's private blockchain platform is pitched as eliminating suspicious and duplicate ...
Boost Raises $20M for Deeper Dive Into ‘Embedded Fintech Revolution’
Boost Insurance attracted $20 million in new financing from multiple investors it will use to dive deeper into what CEO Alex Maffeo refers to as the "embedded fintech revolution." The New York-based ...
Risk Alerts: Cyber Threats to Automated Electric Vehicles, U.S. Infrastructure
Automated electric vehicles exposed to cyber threats. Researchers from the University of Georgia have identified cybersecurity weaknesses that could threaten the safety of connected and automated ...
Shift Technology Raises $220M to Advance AI-Driven Insurance Technology
Shift Technology raised a whopping $220 million in new venture investment designed to advance its products and services that rely on artificial intelligence and big data technology to optimize ...