Technology/Science
Hippo Pulls in $100M Financing Round; Broader U.S. Expansion Planned
Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm ...
New Zealand InsurTech Startup Cove Draws Investment From Greenlight Re
Greenlight Re Innovations (GRI), a subsidiary of specialist property and casualty re/insurer Greenlight Capital Re Ltd., announced it has made a strategic investment in Cove Ltd., a New Zealand-based ...
Startups Focused on Smart Home, Contract-Management AI Tech Secure Financing
Two startups have raised early stage financing designed to advance technology from which insurers can benefit. One company is developing smart home technology to help reduce claims risks. Another is ...
Insurers Will Drastically Boost Spending on Robotic Process Automation: Study
Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...
Democrats Propose Barring Big Tech Companies From Offering Financial Services, Digital Currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the ...
Ransomware Attacks on Big Companies in France Are Rising
Large companies in France are increasingly the targets of cyber attackers who lock up data and demand a ransom, but often refrain from reporting the assaults for fear of hurting their image, ...
The Latest Launches From Roost, SkyWatch A.I. and Getsafe
Roost is partnering with a Florida insurer in a move that could help expand usage of its home telematics insurance products. SkyWatch.AI, an on-demand telematics-based insurance platform for ...
IBM Proposes Revamp of Law Shielding Internet Companies From User Content Liability
International Business Machines Corp proposed changes to a 1996 law that protects internet companies from liabilities related to what users post on their platforms. In a blog post on Wednesday, IBM ...