Insurance technology

Top risks are often associated with the IoT, artificial intelligence, cloud computing and robotic process automation.

Otonomo has developed technology to make it easier to distribute connected-car data by securing, anonymizing and aggregating information while adhering to regulations.

AI promises to disrupt insurance and to provide major competitive advantage. The result is a flood of investments for leading players.

Innovation teams understand that the connected world is evolving rapidly, and that competition is coming from industry newcomers as well as incumbents.

The application, developed with Cambridge Mobile Telematics, is the latest example of carriers turning to telematics to thwart distracted driving.

The israeli vendor will merge Adaptik's core offerings with its cloud-based analytics platform.

Mark Wilson's company is working with Tesla to insure driverless vehicles.

About a quarter of insurance executives said they are allocating budget to 'aggressive' projects, according to Celent research.

Industry partnerships lower the cost of going digital for incumbents, while also providing an extra revenue source for startups.

Though many insurers still feel they are behind in innovation, all are taking steps to build capabilities.