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Willis Towers Watson plans to sell its usage-based insurance assets to Octo Telematics, a UK telematics company focused on the auto insurance industry. Once the deal concludes, both companies will ...
Lemonade has come out with a new product that offers new and existing members a "zero deductible" upgrade, letting them make up to two claims annually with no deductible payments or rate hikes. ...
State Automobile Mutual Insurance Co. is rolling out a $25 million venture fund designed to back innovative P/C industry ideas and startups, but there's a twist. The project is launching through the ...
Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva Ventures led the Series B financing; ...
A bipartisan group of U.S. senators on Tuesday plans to introduce legislation seeking to address vulnerabilities in computing devices embedded in everyday objects - known in the tech industry as the ...
President Donald Trump met with two dozen executives from technology companies and venture capital firms on Thursday for advice on how the government can promote emerging technologies such as drones ...
Technology, artificial intelligence (AI) and the Internet of Things (IoT) offer new opportunities for insurance companies to be more cost-effective and innovative. However, in order to maximize these ...
XL Catlin's venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a smart home sensor that enables lower-cost home ...
Predictive modeling is becoming even more widespread among U.S. property/casualty insurers, with rapid gain likely in the coming years for commercial lines carriers. The big news: Two-thirds of the ...
Internet of Things and smart home technology offer significant growth potential for property/casualty insurers, but data access limits could restrict how big the boom becomes, according to a new ...
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