Technology/Science
AIG’s Blackboard Insurance Gains Virginia Approval for Commercial Insurance Cover
Blackboard Insurance disclosed it has gained approval of its commercial insurance package in Virginia, bringing its reach to 47 states and territories to date. The news represents a milestone for the ...
Nationwide Teaming Up With Toyota on New Insurance Program
Nationwide is teaming up with Toyota Insurance Management Solutions (TIMS), Toyota's exclusive independent insurance agency for North America, to launch TIMS BrightDrive, a Toyota insurance ...
Dearly Departed InsurTechs: Expect Their Numbers to Rise
For every Lemonade and Root that launches with great fanfare, attracts hundreds of millions of dollars in venture funding and publicizes every facet of its growth, there are many InsurTechs that ...
Majority of Smart Home Device Owners Willing to Share Data With Insurers—for a Discount
While privacy remains a concern, 78 percent of smart home device owners are open to sharing their data with their insurer to assist in policy pricing, but most (65 percent) would only do so if ...
At-Bay Pulls in $34M From Munich Re, Others; Cyber Insurance Expansion Planned
Cyber Insurance startup At-Bay raised a new $34 million venture capital round, CEO and Co-Founder Rotem Iram disclosed in a recent blog posting. Munich Re Ventures and Acrew Capital led the Series B ...
Russian Internet Company Yandex Ready to Test Driverless Cars
Internet company Yandex, which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year. Yandex has invested 2.2 billion roubles ...
The Latest Launches From Farmers, Chubb, Octo Telematics
Farmers Insurance said it has started selling auto insurance in South Carolina exclusively through its Farmersdirect.com digital platform. Chubb expanded access of a tool that's useful during ...
New InsurTech Financings: Software, SaaS Platform and Bicycle Insurance
Recent InsurTech funding announcements include a French company developing enterprise software products and services for credit and surety insurers; a Nevada-based SaaS-based digital insurance ...