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INSURANCE TECHNOLOGY

BOXX Insurance | October 19, 2021

BOXX Insurance, the Toronto-based fast-growing cyber insurtech, is pleased to announce a new partnership with security consulting firm Asceris. The partnership was confirmed at the recent NetDilligence Cyber Risk Summit in Santa Monica, and follows BOXX's announcements that it closed its Series A financing round and is expanding to the US. Under BOXX's Hackbusters banner, the Asceris partnership will add to BOXX's incident response capabilities. BOXX'...

INSURANCE TECHNOLOGY

Snapsheet | August 27, 2021

Snapsheet, the pioneer of virtual appraisals and an emerging leader in cloud-native claims management software, today announced that NYCM Insurance, a leading personal lines insurance carrier serving customers in New York State, is tapping Snapsheet Payments software to enable digital payments for customers alongside its existing check option. In addition to digitizing payments, Snapsheet will also facilitate faster communication methods during the payments process, power automated workflows, an...

AXA XL | February 24, 2020

When head of cyber and TMT, international financial lines, at AXA XL, James Tuplin moved into technology PI in 2006, it was a very niche class and there were only a small number of underwriters in London who wrote PI specifically for technology companies around the world. At that time, he said, a lot of cyber covers were built and designed in technology PI cover as the underwriting between the two risks had strong similarities. Indeed looking at the current cyber market, Tuplin noted that a larg...

State Farm | July 07, 2020

The Louisiana Insurance Commission has approved a 9.6% permanent rate decrease in auto insurance policies for all State Farm Insurance policyholders in the state, commissioner Jim Donelon announced on Monday. This marks the fourth occasion State Farm has reduced rates in recent times. In 2018, the insurer slashed 4.5% off auto insurance rates, followed by a 6.5% cut in 2019 and a 2.3% reduction last March. The company has decreased rates by a total of 23% in the last two years....