Underwriting
U.S. Manufacturing Group Reportedly Hacked by China as Trade Talks Intensified
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...
Insurance Premiums Will Grow 3 Percent Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising loss costs will fuel ...
Nationwide’s Latest Digital Platform Designed to Quicken Agent Quote Process
Nationwide has rolled out yet another digital platform, one designed to help agents quote policies for auto, homeowners and renters insurance in as little as two minutes. The platform, named ...
Beyond RPA: Why Insurers Need to Catch the IPA Wave
The insurance business is fueled by documents—contracts, policies, appraisals, claims, proposals, compliance requirements, customer service logs and more. These pieces of content make up over 80-85 ...
Mexico’s State Oil Firm Hampered by Ransomware Attack
A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to employees and internal emails, in hackers' latest bid to wring ransom ...
Weather-Tech Startup Understory Launches Auto Dealer Policy Formed Around On-the-Ground Data
Nick Pacifico has been working at his family's Cadillac dealership in Denver since 2003. He's never seen insurance costs this bad. "Getting coverage is nearly impossible," said Pacifico, vice ...
Neptune Flood’s Albert: InsurTech Enables Cheaper and More Efficient Flood Coverage
While few carriers are in the flood insurance market, Neptune Flood Insurance sees opportunity. Most of the market is covered by the National Flood Insurance Program, but founder and CEO Jim Albert ...