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Today's Headlines July 21, 2022

Hippo Intends Reverse Stock Split After NYSE Non-Compliance Notice

Hippo Holdings Inc. announced that it intends to file a proxy statement with the Securities and Exchange Commission that includes a proposal for a reverse stock split. This move comes in connection with a special meeting of stockholders to be held on August 31, 2022. A reverse stock split is a step companies take to... read more
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Viewpoint: Don't Leave a Legacy of Legacy Systems

Insurers are not typically thought of as disruptors. You know, the ones anticipating change, willing to ride the waves, and making drastic changes based on where the market will be rather than merely reacting to regulatory changes and near-term market shifts. While everyone in the insurance industry is talking about digital transformation and moving away... read more
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 Brand Spotlight 
Building Across Time: APIs Bring the Future to Today's Enterprise

Insurance systems can be mind-bending. Those of us who work in IT or develop insurance systems have a lot in common with science fiction writers. We are always looking to envision and accomplish what has not yet been done. We look at systems that are ...read more
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How to Move Past 'Analysis Paralysis': Five Steps for Leaders

As an executive and leader of a property/casualty insurance carrier, you are responsible for making consequential decisions that impact policyholders, employees, credit ratings, regulators, investors and others. Whether it concerns the company's strategic goals, a marketing strategy, what the post-COVID remote work policy should be or why the company is experiencing an upward trend on... read more
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Jury Verdict: Tesla 1% Negligent In Fatal Model S Crash

A Florida jury found electric car maker Tesla Inc. to be 1 percent negligent in the death of an 18-year-old man whose Model S sedan slammed into a concrete wall after the car's speed limiter had been deactivated, with the teenager and his father found to be 99 percent at fault. Monday's verdict by a... read more
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Ride-Hailing Co. Didi Faces $1B Fine Over Cybersecurity Breaches

Chinese authorities are preparing to impose a fine of more than $1 billion on ride-hailing firm Didi Global, people familiar with the matter said on Tuesday, a move that could bring an end to a probe into the firm's cybersecurity practices. The people said the fine would be more than 8 billion yuan ($1.28 billion),... read more
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Digital Trucking MGA Koffie Raises $11M, Plans 10-State Expansion

A Brooklyn, N.Y,-based managing general agency for the trucking and transportation sector has closed an $11 million Series A funding round, bringing the company's total funding to date to $15.5 million. The round for Koffie Insurance was led by Anthemis Group, along with existing investors Lerer Hippeau Ventures and Plug and Play Ventures. New investors... read more
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Over-The-Road Trucker Beats IT Consultant in Job Growth: Indeed Report

The online job site, Indeed.com, posted a list of the top jobs of 2022 last last week, finding that registered nurse positions ranked first in employer demand, salary (using a baseline annual salary of $75,000) and consistent growth in the number of job postings from 2019 to 2022. Of particular interest to commercial lines insurers... read more
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Research and Webinars

Annual Identity Theft Impact Report

Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ...
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Key Components of Successful Automation

When every employee has a software robot to help with mundane tasks, it frees ...
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EP. 8: Strategy Sessions - How Artificial Intelligence is Transforming the Insurance Industry

Now On Demand! Strategy Sessions – A Lunch Hour Look at Critical Topics with ...
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Insurance Reimagined: How AI Tech is Fundamentally Changing Insurance

Trampoline detected. Patio extended. New vehicle identified. This whitepaper ...
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End-to-End Digital Capabilities

Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ...
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Media

I'll Drive the Tesla

InsurTech Newsletter


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