Technology & Analytics
Auto MGA Loop Raises $21M, With 10 More States in Its Sights
Loop, a managing general agency InsurTech focused on auto insurance, raised $21 million in new financing from multiple investors to help fuel ongoing expansion plans into additional states. "Their ...
Cyber Insurer Coalition Raises $205M; Push Into Public Markets Among Future Plans
Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital financing will help supercharge that strategy ...
CEO Viewpoint: Seeing the Light Through the Mountain of Paper
Imagine explaining the concept of insurance to an alien. After the end of the elevator pitch, I guarantee they would think it was a pretty cool idea. At its heart, insurance is a simple and great ...
Zurich Joins $10 Million Venture Round for Cyber InsurTech BOXX; Partnership Planned
Zurich Insurance has joined a $10 million venture investment round for BOXX, a Toronto-based cyber insurer for small businesses, individuals and families. The startup said it has also formed a global ...
Staffing Crunch Makes Risk Assessment a Challenge for Commercial Insurers
Over the past two years, the challenges prompted by the COVID-19 pandemic have forced businesses to scramble as new issues arise almost every day. The one challenge that has remained stagnant is the ...
Smaller Insurers Need to Take a Data Leap of Faith in 2022
The pandemic isn't hampering the insurance industry from effectively moving forward. But for some carriers, historic anxiety that prevents experimentation with new technologies is an obstacle to ...
Ford, Walmart and Argo AI to Jointly Launch Autonomous Vehicle Delivery Service
Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on ...
Carriers Prioritize Using Data for Pricing Decisions, Customer Experience: Study
The vast majority of carriers are prioritizing the use of data and analytic technologies to inform decisions on pricing, according to a new study conducted by Celent and commissioned by Equisoft. The ...