Technology/Science
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
General Liability Underwriters Poised to Fill Drone Coverage Gap
With traditional aviation insurance policies unlikely to address all emerging risks from the rapid jump in drone use, general liability underwriters are poised to fill the gap, according to a new ...
‘Jackpotting’ Hackers Pilfered $1M-Plus From U.S. ATMs: Secret Service
A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills ...
VC Firm Backed by Ex-Intelligence Chiefs Plans EU-Wide Cybersecurity Firm
A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cybersecurity specialist. C5 Capital aims to create a ...
Slice Labs’ On-Demand Digital Insurance Platform Now Available to Carriers Via the Cloud
Slice Labs, the developer of on-demand, pay-per-use insurance for homeshare companies and others, started licensing use of the platform it created to outside insurers and startups. The New York-based ...
Digital Startup Neptune Flood Raises $2M to Fuel Private Flood Insurance Market Expansion
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
U.S. Senate Looks for Way to Bring Self-Driving Car Bill to Vote
The chairman of the U.S. Senate Commerce Committee is pursuing different strategies to win approval this year of landmark self-driving car legislation that could make it easier for automakers to get ...
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...