Technology/Science
InsurTech CoverHound Acquired by Broker Brown & Brown
Another InsurTech has been acquired. This time, insurance broker Brown & Brown, Inc. bought CoverHound, a digital property/casualty insurance marketplace, and CyberPolicy, CoverHound's small ...
Lloyd’s Abandons Plan for Proprietary Electronic Exchanges in Favor of Outside Vendors
Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial ...
Russia-Based Ransomware Group Reportedly Poised for More U.S. Hospital Attacks
A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion ...
CoreLogic Discloses Strategic Review That Includes Possible Sale
Data and analytics firm CoreLogic disclosed that its board is conducting a strategic review of its operations, with a goal of "maximizing shareholder value." That's a nebulous term that can end up ...
Insurers Make Major Strides in Beefing Up Customer Experience: IBM Survey
Insurers have made significant strides over the last decide in improving customer experience through new technology or other initiatives, a new IBM survey found. Approximately 85 percent of insurers ...
Executives On The Move at Church Mutual, omni:us, BHSI
Church Mutual hired a former USAA executive who will become CFO after a phased succession process. Claims management software company omni:us brought on an industry veteran as a member of its Senior ...
InsurTechs Start Reaching Size and Capacity That Commands Insurance Industry Attention
The latest crop of InsurTechs began appearing in force around 2015, with promises to disrupt the insurance industry and change the world. Industry veterans have often taken those boasts with a grain ...
Tesla’s Release of New ‘Self-Driving’ Software Draws Close Attention From U.S. Regulator
The U.S. auto safety regulator on Thursday said it was closely watching Tesla Inc's release of a software version intended to allow its cars to drive themselves, saying it stood ready to protect the ...