Technology & Analytics
Machine Learning Today and Tomorrow
It is difficult to open an insurance industry newsletter these days without seeing some reference to machine learning or its cousin artificial intelligence and how they will revolutionize the ...
How to Be Tech-Friendly Without Losing the Human Element
Technology is a great amplifier. It amplifies the power of humans and allows us to scale our ambitions. At Clearcover, we take this belief to heart—and it is motivating us to build a smarter car ...
China’s Ping An Insurance Teams With Intel to Launch Joint Innovation Laboratory
A division of China's Ping An Insurance Group is teaming with American global tech giant Intel Corp. to establish a joint innovation laboratory. The arrangement is between California-based Intel and ...
What Executives Need to Know About Predictive Analytics in 2020
By this time, most leaders in the insurance industry have heard of using predictive analytics to study previous patterns that can help businesses understand what could happen in the future. However, ...
Insurance Technology Company Sapiens Will Pay $31.6M for German InsurTech
Sapiens plans to pay up to $31.6 million for sum.cumo, an InsurTech based in Germany that provides technology and consulting services to the insurance sector and other customers. Both sides expect to ...
The New IoT Insurance Wave: Small Commercial!
The growth of the Internet of Things (IoT) is a relevant trend for our hyper-connected society. A few years ago it was estimated that on a normal day, 127 new devices were connecting to the Internet ...
MGA Clearcover Pulls in $50M Financing, With Designs on Becoming Full-Stack Carrier
Clearcover, a managing general agent whose artificial intelligence-driven platform focuses on auto insurance, has raised $50 million in new financing. The money is designed to accelerate further ...
Commercial Lines InsurTech Bold Penguin Snatches Up E&S Brokerage Tech Platform xagent
Bold Penguin, a commercial insurance exchange technology platform launched in 2016, announced it has acquired xagent, an independent, single-entry, multi-quote platform for standard and surplus lines ...