We've got great news this Monday morning...
Shoutout to team Herald for cracking Will Reed's Top 100 early-stage companies to work for! 🥳
Read more about our team and check out the full list here: https://t.co/X6J6bmufoL
#top100bywillreed#culture#insurtech
Introducing the Insurance API Index. Today, 12 out of top 25 commercial insurance carriers have API enabled products. take a look to see which commercial insurance carriers are leading the way on digital innovation and API development.
With API connectivity growing fast, it's an exciting time in commercial insurance, but it can be hard to keep track of it all. To catalog what's out there and recognize the carriers changing our industry, we present the Insurance API Index. Check it out: https://t.co/UFNuiVptoa
Since I’ve last been on Twitter…I founded @HeraldAPI with Duncan Crystal, built an amazing team of eight, and partnered with fantastic investors at @lightspeedvp, @AforeVC, and @UnderscoreVC We’re 1 year in and I’m excited to announce our Seed round!
https://t.co/L5gJEb8FAs
https://t.co/YZYQhIsRXC
New #insurtech from acrisure and tulco -- the digital brokerage. Not sure how AI fits into it, but makes sense for a brokerage to go digital rather than be replaced by new players!
Insurance is a form of risk management. In the #deepfake context, falsehoods or the threat of falsehoods can have serious financial implications. Is "deepfake insurance" the next generation of cyber insurance?! If so, how do we put a price on privacy and reputation? 🤔 #Insurtech
“We do hear from small business owners who prefer to work with an independent agent..."
how about that!
"... in most cases, it’s a preexisting relationship that the customer appreciates and finds valuable”
but only people who already had an agent (apparently)
Wow, amazing news today. Congrats to @AssuranceIQ and @Prudential on the deal! This shows we are at an inflection point in #Insurtech and #financialwellness. Consumers are demanding more data driven decisions in #fintech. Use Hydrogen to make it happen. https://t.co/uPWHLq40Uj
tldr: Warren Buffet: “The success of the auto companies getting into the insurance business is probably as likely as the success of the insurance companies getting into the auto business. I’d bet against any company in the auto business [getting into insurance]" #AutoInsurance
A nice overview! One category left out are those improving the lives of brokers and agents, like Indio Technologies or Broker Buddha. Also a critical part of the #insurtech ecosystem.
🗞 Check out our latest shoutout in @thestartup_ from @Medium. Insurify is proud to be changing the way insurance is found, compared, and bought...one user at a time. ⚡️ #InsurTech#GameChangers https://t.co/SLM5Zv2JJS
"We will never sell your personal data" is one of the promises we are making to our customers as part of Zurich's data commitment we are announcing today. Read more: https://t.co/rBjEXMQfdl #WePromise#Sustainability
Do people want a toothbrush app? Do I need a toothbrush app?? I'm glad someone is out there testing that market for me, I suppose.
https://t.co/DxZW6Xu2Bx
Agents may soon need to worry less about which #Insurtech is going to take their job and more about picking the winning to startup to partner with - more and more looking for a piece of the action with agents
@InsuranceBizUS@Zurich Note - the Mondelez action is a dispute over a non-Cyber policy... I understand ambiguous war exclusions are still present in cyber policies, but it is vital to point out that the policy under dispute was policy with a primary coverage intent outside of cyber.
Irony: Multiple Wordpress sites hacked via privilege escalation flaw in GDPR compliance plugin https://t.co/d97OwFpao3 Apparently something like 7,600 sites using this plugin. Update or remove.
“The Pentagon failed to make cybersecurity for its multibillion-dollar weapons systems a major focus until recently despite years of warnings”. They are studying what can be done retrospectively. https://t.co/wiW6mYMzhU
Hackers have breached StatCounter, one of the internet's largest web analytics platforms, and have inserted malicious code inside the company's main site-tracking script. #SupplyChain https://t.co/wio3TZu2ug
Russian agent Maria Butina worked on college project that involved looking for cyber vulns at Internews, a nonprofit that works w/US gov to bolster freedom of info. While doing so she contacted EFF seeking info about cybersecurity problems civil society groups face