Technology & Analytics
The Revolution Is Here: What Insurance Leaders Need to Know
Long before cellphones, Starbucks and Twitter, there was insurance. You can look back to the advent of society and find some form of the concept. In 4000 BCE Babylon, contracts protected merchants ...
Cyber Turned Inside-Out: Three Years After NotPetya
The NotPetya malware attack of June 2017 changed the future of cyber insurance and the way companies manage the risk. Initially believed to be a ransomware attack, NotPetya instead wiped data from ...
Amazon Starts Using AI for Warehouse Social Distancing Risk Reduction
Amazon.com Inc on Tuesday launched an artificial intelligence-based tracking system to enforce social distancing at its offices and warehouses to help reduce any risk of contracting the new ...
Planck Raises $16 Million for Data Platform; Nationwide Becomes an Investor
Nationwide, eyeing the possibilities with Planck's AI-driven commercial insurance data platform, joined the company's latest financing round. Planck recently raised $16 million in a Series B venture ...
Pandemic Could Drive Digital Investment for Some Time
Erik Ross predicts that carriers will increasingly rush to all things digital in the months ahead. A running quip among investors explains why. "There's a joke going around – 'What's the biggest ...
Lemonade Files Planned IPO Worth Up to $100M
Lemonade disclosed plans for an initial public offering worth as much as $100 million. The New York-based InsurTech has applied to use "LMND" as its ticker symbol for the New York Stock Exchange, ...
InsurTech Betterview Pulls in $7.5M Financing Round From Guidewire, Others
InsurTech startup Betterview raised $7.5 million in new funding to fuel expansion of its AI technology that helps P/C carriers spot and manage property ...
How Smart Technology Creates New Home Insurance Opportunities
While the average American home hasn't changed much on the outside, the devices and lifestyles inside have changed dramatically in the last 50 years. As transmitter radios were replaced with ...