Technology/Science
Science Advisors Accuse Regulators of Hindering Spread of Commercial Drones
Science advisers to the federal government say safety regulators are hindering the spread of commercial drones by being too cautious about the risks posed by the flying machines. The National ...
Convergence of Tech and Insurance Will Transform Rather Than Disrupt Industry: Munich Re’s Hochburger
The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change ...
Lloyd’s Begins Search for Transformative InsurTech Talent
Lloyd's of London has begun a search for InsurTech talent that can help grow and advance its digital capabilities. The venerable specialist insurance/reinsurance market said the process will take ...
Coalition’s Cyber and Tech E&O Coverage to Be Offered Through Big ‘I’ Markets
Cyber insurance startup Coalition inked a partnership deal with Big "I" Markets that will give it a broad market reach for its cyber and technology E&O coverage. Big "I" Markets is the online ...
Insurers Stand to Benefit if Malaysia Revisits Foreign Ownership Directive
Malaysia is likely to review a directive to foreign insurers to reduce ownership of their local units by nearly a third as finding domestic buyers for the equity stakes is proving hard, three people ...
Scooter Startups Offer Latest Liability Target for Personal Injury Lawyers
Bird Rides Inc. and other scooter startups have drawn fire from pedestrian advocates, politicians and annoyed citizens. Now they have a new nemesis: personal-injury lawyers. In recent months, people ...
Traditional Insurers Rank Higher in Digital Competence, But InsurTechs Gaining Speed: Gartner L2 Study
Traditional insurers dominated the field in a new study analyzing digital competence—but InsurTechs are fast on their heels. The Gartner L2 Digital IQ Index surveyed 49 insurers operating in the ...
Zurich Insurance Acquires Minority Stake in CoverWallet
Zurich Insurance Group acquired a minority stake in CoverWallet, a digital business insurance agency startup. CoverWallet, which launched in 2016, disclosed the investment, which it said builds on a ...