Technology & Analytics
Allianz’s El-Erian: Trade War Is Risky, But Technology Presents a Slow-Moving Opportunity
Mohamed El-Erian, the chief economic advisor for Allianz and former CEO of its PIMCO unit, warned that the evolving global trade war presents risks the insurance industry should worry about. On the ...
Congress Running Out of Time to Pass Self-Driving Vehicle Legislation
A push on Capitol Hill to speed development of self-driving vehicles may not cross the finish line in time for this Congress -- casting doubt on the future of unusually bipartisan legislation in ...
PCI Annual Meeting: Regulators Sound Off on InsurTech, Driverless Vehicles and More
Insurance regulators from Florida, South Carolina and Tennessee assert that they're working well with innovators seeking to bring InsurTech into company operations and customer interactions. "There ...
Munich Re Closes Acquisition of IoT Startup That Helps Companies Pursue ‘Digital Transformations’
Munich Re has closed its acquisition of relayr, an Internet of Things-related software company in which it had initially invested in 2016. The acquisition, through Munich Re subsidiary Hartford Steam ...
Why Carriers Need to Rethink Their Approach to Data Technology
Most carriers recognized long ago that making it easier for agents to do business with them has competitive advantages. Companies have made an effort to simplify the submission and underwriting ...
Stunning Successes: InsurTechs Positioned for Network Control and Market Dominance
John D. Rockefeller was easy to overlook. He didn't drink alcohol, smoke, swear or lose his temper. He ate no more than was necessary and went to bed early. Yet, he and his partners at Standard Oil ...
InsurTech Startups Click2Sure, Jooycar, Attract New Financing
Greenlight Capital Re has invested in another startup, this time a digital insurance platform launched in South Africa. Miami-based private equity firm HCS Capital Partners said it has committed ...
After Applied, Google ‘Definitely’ Looking for Other InsurTech Investments
Google is eager to invest in other insurance technology companies well beyond its newly announced minority stake in Applied Systems, a principal investor with the global search engine giant said on ...