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ITA Pro Weekly, February 01, 2019

Martha Notaras of XL Innovate Joins ITA LIVE Keynote Lineup, and other exciting news from the ITA

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Martha Notaras to Speak at ITA LIVE 2019

Martha Notaras Will Join ITA LIVE 2019
as a Keynote Speaker

We are pleased to announce that Martha Notaras, Partner with XL Innovate, will be serving as one of three keynote speakers at ITA LIVE 2019.

Martha's session is titled "InsurTechs: Past, Present and Future". With over 1000 insurtechs launched since 2015, fueled by $11 billion in venture investment, Martha will explore which companies and technologies are gaining traction with insurers and customers, and the secrets behind their success so far. 
Martha is a Partner at venture capital fund, XL Innovate, investing in insurtech, including startups focused on data & analytics and new business models. XL Innovate’s investments include Lemonade, Embroker, New Energy Risk, Notion, Cape Analytics, Slice Labs, Pillar Technologies and Stonestep.  Martha serves on the boards of: Notion, an IoT home awareness solution provider reducing risk for insurers and homeowners;  GeoQuant, creator of a revolutionary platform for measuring political risk in real time, using machine learning;  Pillar Technologies, an end-to-end environmental monitoring solution to reduce risk at construction sites; and Cape Analytics, which leverages geospatial imagery, computer vision, and machine learning to deliver more accurate property data.

Martha's session will take place on the opening night of ITA LIVE 2019,
from 5:15 to 6:00 p.m., Sunday, May 5, 2019. 

Technology Trends and Tidbits

Major Ransomware Attack Could Hit U.S.
with $89B In Economic Damages

According to a new report, "Bashe attack: Global infection by contagious malware", an international ransomware attack could cost the U.S. $89 billion, accounting for nearly half of the $193 billion global price tag for an attack.

The cyber-attack – which launches through an infected email, encrypts data on every device connected to the network, and has the potential to spread quickly around the world – causing damage at 600,000 companies, ranging from premier institutions to small businesses.
According to Lloyd’s City Risk Index, a cyber-attack is the second greatest threat to the U.S. economy – in large part due to the increasing impact of attacks as the U.S. and global economies become more dependent on and driven by technology.

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