Technology/Science
Allstate Debuts Revamped Commercial Insurance Quoting Platform; Pledges Policy in 5 Minutes
Allstate debuted a revamped commercial insurance quoting platform that it said will help small business owners buy a policy in about 5 minutes. Allstate's move comes with the emergence of InsureTech ...
Small Business Owners Remain Unprepared for Cyber Attacks: Nationwide
Small business owners remain woefully underprepared to address the risk of cyber attacks and respond when they happen, Nationwide found in a new survey. Just 22 percent of respondents said that they ...
InsurTech Founders Are Often Not Insurance Industry Veterans
As InsurTech companies increase in number and scope, the P/C industry may be surprised about one thing: only a small number of founders may actually be insurance industry veterans. So says, Tim ...
Insurers Risk Plenty by Keeping Their Technology Budgets Static: Novarica
Insurers' technology budgets remain flat in an age of disruption and technology - a risky move in the face of increased rivalry from tech-enabled upstart competitors, consulting firm Novarica said in ...
The Latest Launches From XL Catlin, AXIS and Take1 Insurance
XL Catlin added cyber insurance as optional coverage in its professional liability cover for design professionals. AXIS Capital Holdings will start offering U.S. customers cybersecurity ratings data ...
Virtual Claims Startup Snapsheet Raises $20M Round; Liberty Mutual, USAA Among Backers
Liberty Mutual and USAA are among the backers behind Snapsheet, a startup developing virtual auto claims technology and services that recently closed on $20 million in new financing. Snapsheet ...
Commercial Lines Tech Startup Embroker Now Open for Business
Technology-inspired startup insurance broker Embroker, which bills itself as the first modern business insurance platform, has officially launched. Embroker is a commercial lines platform that ...
Apple/Samsung Patent Infringement Fight Reaches U.S. Supreme Court
The end of the smartphone wars is almost here. Six years after Apple Inc. filed its first lawsuit alleging unauthorized copying of the iPhone, the company will square off at the U.S. Supreme Court ...