Trending InsurTech Headlines
The most viewed headlines from our InsurTech Topic Page over the last 30 days.
#1 NAIC Releases Highly Anticipated Draft Model Bulletin on Insurers’ AI Use
Jul 28 2023 // On July 17, 2023, the Innovation, Cybersecurity and Technology (H) Committee of the National Association of Insurance Commissioners (NAIC) released for comment a highly anticipated model bulletin (Model Bulletin) on...
#2 Is Automation the Answer to Microbusiness Insurance Profitability?
Jul 17 2023 // Could self-service and digital quoting and binding be gamechangers for independent agents and brokers working in microbusiness lines? Though they’re the smallest of small businesses, microbusinesses account for the...
#3 Pelicans’ Zion Williamson and Family Sued for $1.8M by Tech Company
Jul 28 2023 // NEW ORLEANS (AP) – New Orleans Pelicans star Zion Williamson, his stepfather and his mother allegedly have failed to pay back $1.8 million of a $2 million loan from a California-based technology company. In a civil...
#4 Investors Double-Down on Cyber Insurtech Resilience With $100M Series D Round
Aug 7 2023 // Investors in cyber risk solution company Resilience have contributed again – $100 million in a series D equity financing round – a testament to the company’s business model and results, its leaders said. With...
#5 Claims Insurtech Tractable AI Raises $65M in Funding Led by SoftBank
Jul 18 2023 // Tractable, the London-based insurtech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors...
#6 SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal
Jul 26 2023 // Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend...
#7 Tutoring Firm Settles EEOC’s First Bias Lawsuit Involving AI Software
Aug 11 2023 // A China-based tutoring company has agreed to settle a U.S. government agency’s novel lawsuit claiming it used hiring software powered by artificial intelligence to illegally weed out older job applicants. The 2022...
#8 Insurtech Accelerant Weighs IPO or Private Share Sale, CEO Says
Jul 25 2023 // Accelerant is planning to raise fresh capital next year in a deal that could result in the specialty insurance provider making its debut on the stock market, its CEO and co-founder told Reuters on Monday. The Cayman...
#9 Fintech Vesttoo to Slash Jobs After Fake Collateral Scandal
Aug 2 2023 // Financial services company Vesttoo said on Tuesday it was laying off about 75% of its staff and closing some offices in Asia, as it tries to recover from a scandal over a fraudulent letter of credit used as collateral in a...
#10 Insurance Technology: Embroker Partners with Dashlane and Cowbell; Betterview and EagleView Launch Property Intelligence Alliance
Jul 26 2023 // Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage. “Through Cowbell and Dashlane, we are not only...
#11 Markets/Coverages: Insurtech Loadsure Launches Ocean Cargo, Stock Throughput Cover
Jul 21 2023 // Insurtech Loadsure announced the launch of digital ocean cargo and stock throughput insurance products: “Danube – Dynamic Ocean Cargo Insurance” and “Huron.” Loadsure described the products as...
#12 Connecticut, Other States’ Lawmakers Have a Lot of Questions About AI
Aug 9 2023 // As state lawmakers rush to get a handle on fast-evolving artificial intelligence technology, they`re often focusing first on their own state governments before imposing restrictions on the private sector. Legislators are...
#13 Takeaways from Our Conversation on Insurtechs in Cannabis
Aug 11 2023 // Powered by InsuranceJournal.tv You don’t hear a lot about insurtechs and cannabis, but one firm aims to change that paradigm. SquareRisk principals say they aim to transform the wholesale distribution model for...
#14 Viewpoint: Innovation Trends Through the Lens of Qorus-Accenture Innovation Awards
Aug 1 2023 // The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program...
