Technology & Analytics
Determining Lemonade Investors’ Likely Exit Strategy
Now that Lemonade has raised nearly $500 million in financing to date and is pursuing an international expansion, speculation has begun as to what the exit strategy will ultimately be for investors ...
Six Side Effects of AI in Insurance and How to Handle Them
Artificial intelligence, with its ability to analyze large amounts of data, may be the next great thing that is going to transform insurance and perhaps the world. But whatever good AI brings will be ...
‘Project Owl’ Wi-Fi Network May Be Easy Way to Save Lives During Natural Disasters
From a cramped living room in Brooklyn, New York, a handful of young computer nerds has developed a new way to use technology to help save lives in natural disasters. They have designed tiny ...
Veruna Raises $6M With Carrier Backing; Startup Has Cloud-Based Agency Management Platform
InsurTech Veruna said it has raised $6 million in Series A financing, with plans to use the money to propel expanded use of its Salesforce-based agency management platform. The Boston-based startup ...
U.S. Drivers Think They’re Safe, but Carriers Know Otherwise Through Phone Usage Monitoring
The distracted driving report by Zendrive, a traffic-data startup, makes it clearer and clearer each year that millions of Americans can't stop themselves from talking, texting and live ...
New York Reigns as InsurTech Capital of the World—for Now
A new analysis puts New York City at the center of the InsurTech universe, leading other cities around the globe on one measure of supremacy and gaining ground on another. The analysis provided ...
Marsh Will Begin Rollout of Proof of Insurance Blockchain to U.S. Commercial Clients
Marsh said it will start rolling out its Proof of Insurance Blockchain platform to U.S. commercial clients. Originally launched as a proof of concept last April, Marsh's blockchain-driven Proof of ...
Insurance Evolution: Survival of the Fittest Using Design Thinking, MVPs and Decision Services
There's finally come a point of confluence between technology and business. Let's examine a few facts. Especially in the insurance industry, terms like transformation, innovation and disruption are ...