Technology/Science
The Details on Arturo, a Deep-Learning Property Analytics Startup Actively Seeking Financing
Arturo's emergence was a bit atypical in terms of how the birth of an InsurTech has typically gone. Rather than beginning life as a pure play standalone startup, Arturo spun out of American Family ...
GM’s Self-Driving Unit Delays Robotaxi Rollout Plans
General Motors Co.'s self-driving unit is backing off plans to deploy robotaxis by the end of this year, the latest indication of how auto and tech companies are struggling with the challenges of ...
Insurers Wave Caution Flag at New Auto Safety Technology
Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes ...
Hippo Pulls in $100M Financing Round; Broader U.S. Expansion Planned
Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm ...
New Zealand InsurTech Startup Cove Draws Investment From Greenlight Re
Greenlight Re Innovations (GRI), a subsidiary of specialist property and casualty re/insurer Greenlight Capital Re Ltd., announced it has made a strategic investment in Cove Ltd., a New Zealand-based ...
Startups Focused on Smart Home, Contract-Management AI Tech Secure Financing
Two startups have raised early stage financing designed to advance technology from which insurers can benefit. One company is developing smart home technology to help reduce claims risks. Another is ...
Insurers Will Drastically Boost Spending on Robotic Process Automation: Study
Insurers are expected to drastically boost their spending on robotic process automation over the next five years as they seek to spur revenue growth by cutting costs, according to a new study from ...
Democrats Propose Barring Big Tech Companies From Offering Financial Services, Digital Currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the ...