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Connected Insurance: Reality Or Hype?

Forrester IT

I speak often with clients about the role of technology in insurance. Of the many innovations we discuss, connected insurance may be the most polarizing. Connected insurance (CI) is nascent across most insurance lines.

Insurance 318
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Report: Cyber Insurance Not Driving Ransomware Market

SecureWorld News

One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. To better understand the relationship between insurance and ransomware, U.K.-based RUSI's research challenges the notion that cyber insurance is a direct catalyst for ransomware.

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Lemonade’s Acquisition of Metromile: Start Your Engines! The Race For Digital Insurance Supremacy Just Took A New Turn

Forrester IT

Last week Lemonade revealed Lemonade Car, its entry into auto insurance. This week, it announced the acquisition of Metromile, one of the largest usage-based auto insurers in the world. Talk about timing. Insurtech M&A has been strong, but admittedly, I didn’t expect to see a transaction like this so soon.

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O2 offers internet of things-backed motor insurance

Computer Weekly

Mobile network O2 expands its reach into the vehicle insurance market with the launch of an internet of things monitoring service

Insurance 100
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How HomeServe Labs plans to use the IoT to shake up the insurance business

Computer Weekly

Home maintenance services provider HomeServe grows its internet of things startup internally, and is now targeting the insurance industry with a leak detection system

Insurance 160
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University of Michigan Cyber Incident Causes Internet Outage

SecureWorld News

The University of Michigan experienced an internet outage on August 27th that affected students, faculty, and staff across all three campuses just as the fall semester was kicking off. Students and faculty were also unable to connect to the internet on their personal devices. The outage began at approximately 1:40 p.m.

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A Cyberattack Allegedly Knocked Insurance Giant CNA Offline

Gizmodo

CNA Financial, one of the largest insurance providers in the U.S., is currently experiencing widespread network disruptions. Read more.

Insurance 107