Technology/Science
Virtual Claims Startup Snapsheet Raises $12M Round, Led by Tola Capital
Virtual claims technology provider Snapsheet has closed a $12 million series D round led by venture capital firm Tola Capital. This marks nearly $50 million in funding since the startup launched in ...
Seeing the Future of Claims and Insurance Through a Virtual Lens
Virtual and augmented reality could be a game changer for claims, allowing easy-to-access training modules for claims staff, loss control professionals and even workers already on jobsites. So, what ...
Notion, an Internet of Things Home Security Startup, Raises $10M
XL Catlin's venture capital arm is among firms helping to back a $10 million financing for Notion, an Internet of Things-related startup focused on a smart home sensor that enables lower-cost home ...
JLT Specialty USA Teams With Altumai to Develop IoT-Related Workers Comp Products
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, is partnering with InsurTech startup Altumai to develop products aimed at reducing worker injuries in the food/agriculture industry. ...
Electric Grid Faces New Potential Cyber Attack Threat
Two cyber security companies said they have uncovered a sophisticated piece of malicious software capable of causing power outages by ordering industrial computers to shut down electricity ...
Autonomous Cargo Ships May Be Coming. What Are the Risks?
BHP Billiton Ltd., the world's biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may ...
French Blockchain Startup Stratumn Raises $7.9M
U.S. exchange group Nasdaq Inc has joined a 7 million-euro ($7.9 million) investment round in Stratumn, which helps companies develop applications using blockchain technology, the Paris-based startup ...
InsurTech: Win-Win for Insurance Distribution Chain and Carriers
Fears about InsurTech startups disrupting the property/casualty insurance industry in ways that will undermine the distribution system and adversely impact underwriters are growing along with the ...