Technology & Analytics
Executives on the Move at Willis Re, NJM, Metromile and Betterview
NJM Insurance Group named a new CFO. A former Uber-engineering executive joined the Metromile team. The former leader data scientist of Farmers is now at Betterview. Willis Re has a new head of ...
Consumers Excited to Exchange Personal Data for Cheaper Financial Products; Privacy Remains a Concern
Carriers focusing on telematics and other tools that measure customer behavior in exchange for lower prices may be onto something. A new Accenture report has found that insurance or banking products ...
U.S. Reviewing 5G Security Over Hacking Concerns, Huawei Worries
The Department of Homeland Security is conducting a broad review of risks posed by 5G technology, officials said, as the U.S. grapples with concerns about the new network's vulnerability to hacking ...
ChainThat Will Debut Blockchain-Driven Risk and Capital Exchange in Bermuda
A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and ...
Pie Insurance, Armed With $45M Financing, Plans Further Expansion for Online Workers Comp Biz
Pie Insurance is eyeing an expanded geographic reach and new distribution avenues for its online workers compensation insurance, fueled by a newly closed $45 million venture financing. A number of ...
Shift Technology Raises $60M to Expand Reach of AI Claims Tech
Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers manage risk ...
Tessian, a UK Cybersecurity Startup, Secures $40 Million Financing
Sequoia Capital has backed a London-based cybersecurity startup founded by a trio of former banking analysts, who were surprised how often documents such as deal-term sheets were accidentally emailed ...
Beyond Fender-Benders: How Self-Driving Cars Are Killing Auto Insurance
Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his ...