Technology & Analytics
Snapsheet Execs: Virtual Claims Tech Need Not Take Away Field Staff Jobs
The application of technology in the insurance industry is accelerating at a rapid pace, yet the constraints of legacy infrastructure make it difficult to leverage and integrate new tools to enhance ...
SEC Discloses Edgar Hack; Thiefs May Have Profited From Stolen Info
The vulnerability of governments and businesses to cyberattacks was exposed again Wednesday when a top U.S. financial regulator said hackers had breached its electronic database of market-moving ...
The Zebra, an Auto Insurance Comparison Website, Nails Down $40M Series B Financing
The Zebra, an online auto insurance comparison marketplace, plans to use $40 million in new venture funding to double down on brand building, product expansion and customer outreach. Company ...
InsurTech Investment Is Surging in Europe as Carriers Modify Customer Interactions
Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates to an app offering to buy sleepy drivers a coffee on the motorway. The lure ...
AmTrust Monetizes Tech Prowess With $200M Sale to National General
AmTrust Financial Services is pocketing $200 million by selling to National General Holdings Corp. a personal lines policy management system it developed for the insurer. National General will pay ...
Startup DataCubes Raises $2.5M to Transform Commercial Underwriting With Data Science
DataCubes, a data science platform startup that enables carriers to accurately quote commercial insurance policies by asking customers a few simple questions, has completed a Series A funding round ...
Reinsurers Concerned About Cyber Risks Despite Growth Opportunities
Cyber risks continue to morph and grow rapidly around the world, spurring ever-increasing demand for insurance that addresses the risks at hand. Some broker experts who follow the sector see ...
Disaggregation of Insurance Processes on the Horizon
This article is part of Carrier Management's series on the Future of Insurance. Vikram Sidhu, Partner, Clyde & Co, sees disaggregation of data handling and analysis functions as one potential ...