Technology & Analytics
Nationwide, Swiss Re Among Carriers Participating in Upcoming NYC InsurTech Accelerator Program
An accelerator for growth-stage InsurTech startups is launching in New York City this fall. Several carriers and brokers will be participating, including Nationwide, Swiss Re and more. InsurTech NY ...
High-End Home Insurance MGA Openly Raises $15M; Expansion Planned
Openly, an InsurTech managing general agency focused on high-end home insurance, has raised $15 million in new funding. Plans call for using the cash infusion to expand the fledgling startup into a ...
Immuta Raises $40M to Expand Reach of Automated Data Protection Tech
Immuta, a company whose technology automates the process of controlling, protecting and managing data, has raised $40 million in new venture capital financing. Plans call for using the money to fuel ...
Maximizing the Value of ‘New Data’ in Commercial P/C Insurance
While there's a great deal of speculation surrounding the COVID-19 pandemic's immediate and longer-term effects on the insurance industry, one key trend is sure to stick: commercial P/C insurers will ...
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 ...