Technology

Amazon discreet ambitions to disrupt the insurance industry

Amazon appears to be on the cusp of its long-anticipated entrance into the insurance industry – and markets appear nervous. Shares in insurance companies wobbled...
Vestager announcing Google €4.34 Billion fine for breaking EU antitrust rules

Google business model under siege in Europe after record fine

A record fine from the European Commission (EC) might force Alphabet to change its business model. The Commission’s actions reveal that the risk of...
Woman using Trov app to make a claim

On-Demand insurer Trov finds expansion in Arizona

InsurTech startup Trov makes a significant step towards its international expansion, entering the US market, as it begins to offer on-demand insurance to Arizona...
Lemonade vs Wefox One Insurance - lawsuit

Lemonade takes Wefox One insurance to court

New York-based insurtech Lemonade is suing Wefox’s One Insurance for copyright infringement of its Intellectual Property (IP). Julian Teicke, founder of One Insurance, and...
Uber driverless car prototype stopped after accident at Tempe, AZ

Fatal Uber accident exposes risks and challenges with autonomous driving

Uber’s recent tragic driverless car accident that saw a woman lose her life exposes the risks and challenges of self-driving cars technology. The past week...
woman checking her mobile paypal venmo account

PayPal Venmo settles FTC charges over security and privacy flaws

PayPal settles Federal Trade Commission (FTC) charges over security and privacy flaws in its peer-to-peer (P2P) payment app Venmo. As part of the settlement, Venmo...
US CFTC Christopher Giancarlo discussing ICOs during virtual currencies meeting

Two major risks to sway the uncertain ICOs market future

US Commodity Futures Trading Commission (CFTC) followed regulators around the world in issuing a stern warning regarding the potential pitfalls of cryptocurrency speculation. The regulator...
Smart home controlled via wall-mounted control-panel

Smart homes imminence presents new incentives to insurers

Five in 10 US households with either homeowners or renters insurance policies are interested in installing smart devices in their home that can detect,...
Woman at airport checking flights information board for delays

AXA testing Blockchain with new flight delay insurance product

French insurer AXA launches new flight delay insurance product based on the latest Blockchain technology that offers automatic compensation to travellers who have their...
laptop screen showing code used for hacking

Latest Equifax breach is creating a cybersecurity fatigue

The greatest danger from massive cyberattacks like the Equifax hack is “data breach fatigue.” Data breach fatigue occurs when people simply stop paying attention to...
WannaCry screen: Oops, your files have been encrypted!

WannaCry attack exposes the risks of an interconnected online world

The massive WannaCry cyberattack on 12 May 2017 demonstrates the need to insure against the risks created in today’s interconnected online world. WannaCry – also...
Citizens-election-day-at-the-booths

The risks from election hacking

Allegations of election hacking in the United States have exposed the vulnerability of modern political systems to outside interference. The reaction to the hacking...
LinkedIn company

Careless LinkedIn overlooked regulatory compliance risks

What were they thinking? Was there a Risk Officer on the LinkedIn ship … it’d appeared not. Earlier last month and after several warnings the...
Google France office

Google eyes partnerships with insurers in France

Google is eyeing to enter the insurance market through partnerships with insurance companies. The technology giant is looking to forge partnerships with insurance providers in...

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