Technology/Science
Nationwide, State Auto, Liberty Mutual Contribute to Snapsheet’s New $29M Financing
Snapsheet, a virtual claims technology provider, raised $29 million in new funding, and the growing InsurTech plans to invest its cash infusion into furthering a global expansion. New investors ...
Real Estate Data/Analytics Outfit Attracts $12M in Financing, Targets Insurers for Expansion
A company that gathers data and analytics for real estate customers has raised $12 million in new financing, with plans to grow its business further among financial firms and insurance companies. ...
RMS Unleashes Open Data Modeling Standard With No License or Fee Required
Catastrophe modeler RMS said it is debuting an open data standard that doesn't require a license, fees or permissions for usage. Known as the Risk Data Object, or RDO, the data structure is designed ...
Munich Re, Telematics Company The Floow Will Partner Globally
Munich Re disclosed it will partner globally with telematics provider The Floow. The deal will help strengthen Munich Re's telematics consulting offering but also allow The Floow's products and ...
Down From Heady Highs, the U.S. Cyber Insurance Market Still Grew 8 Percent in 2018
The U.S. cyber insurance market dropped from robust, double-digit growth in 2017 to a still-healthy single-digit increase in 2018, Fitch Ratings said. For 2018, direct written cyber premiums grew 8 ...
WhatsApp Urges Users to Download Update After Spotting Software Vulnerability
WhatsApp pressed users to update its messaging service, following a report that a vulnerability in the software allowed attackers to hack into people's phones using commercial Israeli spyware. The ...
G7 Nations Plan Simulated Cross-Border Cyber Attack on Finance Sector in June
Leading Western industrial powers will for the first time jointly simulate a major cross-border cybersecurity attack on the financial sector next month, French officials said on Friday. The exercise, ...
Risk Alerts: Mississippi Homeowner Premiums, Hacked Scooters, Seat-Back Cameras on Airplanes
Mississippi homeowners could see premiums rise up to 25 percent thanks to Hurricane Katrina-related subrogation litigation being brought by the Mississippi attorney general. Lime electric scooters in ...