startups News

Apax-Backed Insurance Software Firm Duck Creek Raises IPO Price Range

Duck Creek Technologies Inc, a software company that serves the property and casualty (P&C) insurance market, on Wednesday raised the price range for its initial public offering (IPO) and expects to raise about $375 million. Boston-based Duck Creek, which is …

Companies Bet On AI Cameras to Track Social Distancing, Limit Liability

Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social distancing and mask-wearing. Several companies told Reuters the software will be crucial …

How’s Your Driving? If You Use an App Insurers Could Be Watching

Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a …