INN Breaking News

Robot Cars to Descend on 10 Sites U.S. Names as Proving Grounds

January 20, 2017 Detroit and Silicon Valley, vying for supremacy over autonomous autos, each received official test sites in their backyards.

Market for Body-Worn Wearables to Skyrocket Over Next Few Years

January 20, 2017 ABI Research forecasts body-worn devices will surge from 20 million to more than 116 million by 2021.

Nationwide Joins Forces with Insurtech Startup on Mobile Renters Insurance

January 19, 2017 Consumers who acquire a Nationwide policy can buy and pay for it entirely on Sure's platform.

Talent Big Obstacle to Digitalization, CEOs Say

January 19, 2017 Insurance companies are trying to meet consumers' digital needs faster by partnering with insurtech startups, say carrier CEOs at industry event.

Bermuda’s OneBeacon Insurance Group Is Said to Explore Sale

January 19, 2017 The Bermuda-based company recently began working with Credit Suisse Group AG to solicit offers from rival insurers.

Digital-Focused Insurance ‘Nomads’ Redefining Distribution

January 18, 2017 Accenture research says emerging consumer group focusing on digital interaction with insurers provides market opportunity.

Technology Education Tops Regulators' To-Do List in 2017

January 18, 2017 New NAIC president says one of his 2017 goals is to spend more time familiarizing himself and his regulators with the new technologies permeating the industry.

United General Insurance to Launch Pay-As-You-Drive

January 18, 2017 The Malawi, Africa, insurer is aiming to improve policyholders' driving behavior with telematics product.

Microsoft CEO Warns Against ‘Hubris’ Amid AI Growth

January 18, 2017 Satya Nadella cautions his own company and competitors about "parlor tricks" that show AIís power without preserving workersí dignity.

Zurich Cuts Technology Spend as Insurer Seeks $1.5 Billion Savings

January 17, 2017 Zurich has struggled to improve profitability as lackluster economic growth and record-low interest rates hurt investment income.

Allianz Life Names Chief Digital Officer

January 17, 2017 Chris Du Bois has been with the company since 2010.

Allstate Implements New Underwriting Platform

January 17, 2017 The insurer selects Myriad Development to automate data integration and improve risk evaluation.

Spending on Cloud Services Overtakes Software, Infrastructure

January 13, 2017 Cloud service markets are now growing three times more quickly than cloud infrastructure hardware and software, study finds.

FDA, IBM Watson Health to Study Application of Blockchain Technology

January 13, 2017 The two-year agreement aims to build use cases for how distributed databases can aid research and information sharing.

Northwestern Mutual Sets Aside $50 Million for Insurtech Investment

January 12, 2017 The life insurer's new venture capital unit plans to make investments of up to $3 million in relevant startups.

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