Technology & Analytics
Toyota Reportedly Will Invest $500M in Uber With a Focus on Self-Driving Cars
Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, said a person familiar with the matter. The Japanese ...
Write Here, Right Now: How AI Can Amplify Your Business Results
Here's something we typically hear from frustrated underwriting managers: • "We bind around 12 percent of our submissions, but our underwriters review 100 percent of submissions." • "A 1-2 ...
Root Insurance Raises $100M; Money Will Propel Continued Hiring Push, National Expansion
Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global ...
FRISS Adds Online Network Analysis to Its Fraud Detection Arsenal
Insureds looking to commit fraud will no longer be able to simply ask a friend or neighbor to sign as a witness to a claim for car damages, thanks to a new offering from FRISS, a worldwide provider ...
Insurance Premiums From InsurTech to Exceed $400B by 2023
Insurance premiums generated by emerging InsurTech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a new study from U.K.-based Juniper Research. The ...
Uber Hires Insurance Exec as CFO
Uber Technologies Inc. has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public ...
Opportunity in Disruption: Preparing for InsurTech’s Elon Musk or Steve Jobs
I recently wrote an article for Carrier Management offering some thoughts about the possibility that an InsurTech would develop a killer app. A killer app, as its name suggests, slays the ...
Opinion: Insurers Should Relax and Embrace Amazon’s Potential
Whenever Amazon.com Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing ...