Finance

The company looks to invest in startups, like the Ring video doorbell, that dovetail with its future vision of insurance.

Those assuming the job must combine technology expertise, business savvy and a vision of the organization's future, says Pierre Peladeau.

Algorithms and AI are very good at identifying patterns of behavior that predict certain outcomes, which can be used to sort people by the expected cost of care.

The Internet of Things Cybersecurity Improvement Act of 2017 calls for Internet-connected devices to be patchable, meet minimum data safety standards and have changeable password capability.

But challenges of implementing the technology include regulatory issues, incomplete data, lack of skilled employees and executive support.

With 496 deals completed so far this year, insurance, wealth management, lending and blockchain-related companies continue to attract new dollars.

The new system is powered by "AVA," a smart assistant leveraging telematics data to replicate accident scenes in seconds.

Total funding activity is up compared to Q1 2017 and from the same time last year.

Every insurance company is different, and its approach to collaborating with startups needs to conform to its particular circumstances.

Partner Martha Notaras says that her fund is working to keep up with a fast-moving market for new insurance technology companies.

Take a look at some of the insurtechs that participated in Plug and Play's largest accelerator cohort.

Jonathan Larsen joins the Chinese insurer after 18 years at the banking giant.

The BPO company, whose insurance clients include Gen Re and Resolution Life, will open four new locations in the U.S.

Carrier promises to accelerate the renters insurance provider's worldwide market reach.

A new order asks agencies to propose ideas to direct visas to the most skilled and highly paid applicants.

Carriers need guidance from outside the industry to truly get digitalization, says Munich Re exec.

Former Chubb exec Caroline King joins the insurer with responsibility for operations and vendor management.

The insurance program at the Silicon Valley startup accelerator is entering its second year.

Insurer will invest in startups whose mission aligns with its disability-insurance business.

A quarter of carriers have set up investment arms as part of their technology transformation strategy, says KPMG.