PriyaPatel
Let’s see what’s in the news today.
After 20 months of trying to raise funds, insurance startup Loop cuts staff
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.
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Insurance market has rushed automation – survey
Many technology professionals at insurers and MGAs believe the market has rushed into automation, according to a survey by RDT Tech.
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EU AI Act may block smaller insurtechs from market entry
Smaller insurtechs in the artificial intelligence sector will be subject to additional regulatory oversight due to the European Union AI Act, which may prevent
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Guidewire to enhance Columbia Insurance’s operations with cutting-edge tech
Columbia Insurance and Guidewire have partnered, with Columbia selecting Guidewire Insurance Suite as their platform to serve their customers.
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Karl Canty joins Capco as the new driving force in US Insurance
Capco has announced the appointment of Karl Canty as a new Partner within its US Insurance practice, based in Hartford, Conn.
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