Technology/Science
Daimler, Acknowledging Obstacles, Lowers Expectations for Self-Driving Robotaxis
Daimler has taken a "reality check" on self-driving "robotaxis," acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...
Nationwide’s Latest Digital Platform Designed to Quicken Agent Quote Process
Nationwide has rolled out yet another digital platform, one designed to help agents quote policies for auto, homeowners and renters insurance in as little as two minutes. The platform, named ...
RPA? BPA? IPA? What’s the Difference?
According to Indico CEO Tom Wilde, author of the accompanying article, "Beyond RPA: Why Insurers Need to Catch the IPA Wave," RPA complements IPA. But what exactly is IPA? How is it different from ...
Zego Becomes First UK InsurTech to Win Its Own Insurance License
Zego has become the first U.K. InsurTech to be awarded its own insurance license, which will enable it to build and sell its own products. While Zego will still work in tandem with its growing ...
Insurance Distribution Platform Cover Genius Plans Expansion With $10M Financing
Cover Genius, an InsurTech centered around an insurance distribution platform, has raised $10 million in new financing designed to fuel hiring and further global growth. King River Capital, a Sydney ...
Fitch Highlights Cyber Risks of Quantum Computing
Although the lightning fast speeds of quantum computing will provide many benefits to insurance carriers, there's also a big down side: increased cyber risk, Fitch Ratings noted in a recent briefing. ...
It’s Time to Vote: Poll Closing on InsurTech vs. insuretech
There's only one day left to vote on our Carrier Management Twitter poll about the correct spelling on InsurTech. Or is it insurtech? Or insuretech? Something else? Visit the Twitter page of Carrier ...
The Latest Launches From Coalition and AIR Worldwide
Coalition is debuting a free, publicly available cybersecurity and risk assessment tool. Catastrophe risk modeling firm AIR Worldwide released a Multiple Peril Crop Insurance Model for India.