Technology & Analytics
US. Senators Announce Deal on Self-Driving Car Legislation
Two U.S. senators said late on Wednesday that they had reached a bipartisan deal on legislation aimed at easing hurdles to getting self-driving cars to drivers. U.S. Senator John Thune, a Republican ...
InsurTech Innovation Updates From Lemonade and Roost
Lemonade has come out with a new product that offers new and existing members a "zero deductible" upgrade, letting them make up to two claims annually with no deductible payments or rate hikes. ...
State Auto Eyes Startups and Innovators With New $25M Investment Fund
State Automobile Mutual Insurance Co. is rolling out a $25 million venture fund designed to back innovative P/C industry ideas and startups, but there's a twist. The project is launching through the ...
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 ...