technology News
Argo Group CEO Watson Touts Early Tech Adoption, Eagerness to Adapt as Smart Moves
In an age of big data and machine learning, some carriers are still assessing what technological investments they'll need to adapt and compete. Mark Watson, the long-time CEO of Argo Group, insists ...
Sompo International Will Buy Italian Agriculture Insurer A&A
Sompo International said it has agreed to buy an Italian agriculture insurer in a bid to broaden the reach of a new, recently-launched global technology platform focused on the sector. The ...
XL Catlin Expands New P&B Aviation Insurance Platform With Added Features
XL Catlin has added enhancements to its new P&B aviation insurance platform in a push to give brokers more options. The carrier's VP Bind Speed platform was designed to boost its underwriting ...
Insurers, Reinsurers Are Taming InsurTech Startups to Suit Their Investment Needs: Willis Towers Watson
Traditional insurers and reinsurers played a big part in fueling InsurTech startup investment momentum in 2017. By doing so, they tamed potential rivals, turning them into a source of technology to ...
SkyWatch, a Drone Data Risk Analysis Startup, Raises $2M With Insurance Industry Support
SkyWatch, a startup focused on analyzing data and risk for the drone industry, has reeled in $2 million in seed funding from a number of investors including insurance industry vets. The company plans ...
Guidewire Software Teams With Global Startup Platform Plug and Play
Guidewire Software said it joined up with global startup platform Plug and Play to help promote technology innovation in P/C insurance. Specifically, Guidewire will work with certain Plug and Play ...
Argo Group CEO Watson: InsurTechs Are Better Versions of 1990s Startups
Argo Group CEO Mark Watson compared InsurTech companies to the dot-com startups from the late 1990s, many of which crashed and burned. He argued that these newer models, however, come with a lot more ...
American Family Beefs Up Data/Analytics Capabilities With Networked Insights Acquisition
American Family Insurance has purchased a data and analytics software company in a move it said will help accelerate its digital transformation. Financial terms were not disclosed for American ...