Editor at Coverager
The Northbrook-based insurer with some 1 million UBI policies is bullish on telematics creating a separate unit called Arity that will focus on data management and data analytics with a...
“Our initial thought was to use the new data directly for underwriting purposes, but most of the companies we talked to are not yet ready for this, and therefore see...
Because Tim Cook gets really excited when discussing the opportunity in healthcare to do something for reasons other than reimbursement, saying that Apple has gotten into the health, wellness and some patient-care stuff.
Take note of Rent Llama; a new site set to launch this fall in Virginia that’s meant to act as a marketplace for users to rent their stuff. By stuff, think:...
Before. After. Progress.
Flying a drone? Consider Verifly. The first app for on demand drone insurance for personal and commercial use. Founded by Jay Bregman and Eugene Hertz. Underwritten by London-based Global Aerospace. Located in Soho. Available...
BHTP’s products are now available on aggregator website TripInsuranceZone. This is the third announcement from the insurer in the last two weeks as the company (1) announced a similar strategy...
“Moral Machine” – A series of ethical dilemmas recently developed by MIT Media Lab on the subject of ‘what should driverless cars do if…’, but really it’s just a series of questions...
It appears that the founder of Bike-ID, a Berlin-based startup that allows bicycle owners to purchase theft-slash-damage coverage via an app, is working on Bike-ID 2.0 in the name of Inzmo. Think: Hassle-free insurance over your mobile phone. Bottom...
Axa is exiting Romania. Vienna Insurance Group (VIG) will be picking up the pieces subject to regulatory approval. By pieces think: Axa Life generated more than $5 million in gross written premium. Back home,...
Surplus lines insurer Watford Specialty, a unit of Bermuda-based Watford Re, is entering the US market via its acquisition of Professionals Direct Insurance, which “provides Watford with the ability to access the...
Geico is gearing up for the launch of its Geico Garage app, featuring the ability to record the car’s condition, set reminders and obtain the car’s health score. Take note: Android-exclusive.
Peruvian insurance company RIMAC announced it has deployed IBM’s Risk Inspect app to allow field agents to remotely access client data in real-time and evaluate different risks (think: fire, robbery, machinery...
Homeowners may feel right at home when they walk through their front door, but that doesn’t mean they really know what they’re walking into. Consider this: 88 percent of American...
AIG CEO Peter Hancock is feeling very proud saying they are growing quite well compared to the Fireman’s Fund-Chubb-Ace trio now known as the new Chubb. Speaking of Chubb, they’ve finally consolidated their...
