Technology/Science
Not All Homes in Wildfire Zones Are Uninsurable; Zesty.ai Refines Scoring Model
Fire risk scores now used by insurance underwriters can sometimes make it challenging for homeowners to find coverage. Zesty.ai, a California InsurTech startup, is among a handful of firms working to ...
QBE NA’s CEO Sees No Pacmans Gobbling Brokers Among InsurTechs
As a veteran of the insurance brokerage side of the business, QBE NA's chief executive has heard the predictions that online distribution would replace traditional brokers, but he doesn't see any ...
DataCubes Becomes Convr, and Its CEO Explains Why
DataCubes has changed its name. Moving ahead, it will now be known as Convr (pronounced "con-ver.") The Illinois-based InsurTech startup launched in 2016 with an AI-focused platform designed to help ...
Envelop Risk, a Cyber Underwriting Firm, Raises $6 Million in VC Financing
Envelop Risk raised $6 million in new venture financing, money that will help fuel expansion for the UK-based cyber underwriting and risk analytics startup. AI-specialist investor Alpha Intelligence ...
InsurTech CEO COVID Survival Guide: ‘Work for the Best; Plan for the Worst’
The challenge of delivering operating profits for investors while anticipated revenues tumble from COVID-19 lockdowns is as real for InsurTechs as it is for mature companies, the chief executive of ...
Neptune Partnerships Help Double Its Lloyd’s Capacity
Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd's. Neptune, a Lloyd's Coverholder since 2017, is now working ...
Self-Driving Vehicles, Robots Prove Their Worth With Contactless Deliveries
Self-driving cars, trucks, sidewalk robots and shuttles are rolling out of the labs and parking garages and onto American streets to help deliver groceries, meals, and medical supplies. Although ...
Sea Levels Could Rise 5 Feet if Glacier Thaws, and Other CM Risk Alerts
If the Denman glacier in East Antarctica keeps thawing, scientists warn it could raise sea levels almost five feet. The New York MTA's new tap-to-pay fare system may be putting rider privacy at risk. ...