Innovation
Praedicat Launches Cloud-based Casualty Model; Mines Data from Published Science
Praedicat, the world's first liability catastrophe modeling company, announced the launch of its flagship software product, CoMeta on Tuesday. CoMeta delivers commercially-relevant analytics for ...
The Challenges Around Big Data and the Lessons to Be Learned
The hype around big data is focusing ever more attention on insurers' data management and analytics capabilities. Analysis of data, creation of predictive models and the ability to take action based ...
Everything You Always Wanted to Know About Knitting and Gender Bias in the Insurance Industry
The evidence, accidentally uncovered, unhinged my jaw in surprised incredulity. I am open to the unexpected just as long as it circles my expectations with a close, concentric hug. Tom and I have ...
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...
Insurer Steps Up With Loan for U.K. Beermaker as Banks Retreat
When Anthony Woodhouse needed to refinance a bank loan and invest in his family's 236-year old brewery and pub chain his advisers sent him to an insurer. M&G Investments, a unit of Prudential ...
Do You Have the Vision to Innovate?
Google the term "insurance innovation" and you'll get over 38,000 results. Probably not surprising, and as you would expect, the results are everything from an actual domain name to consulting groups ...
Google’s Buy of Nest Labs Seen Improving Smart-Home Gizmo Connections
Google Inc. is jumping into digital home automation with its acquisition of Nest Labs Inc., shining a spotlight on an unproven market that has so far been filled with expensive devices that can't ...
Social Media is Blessing, Curse for Uber; CEO Defends Surge Pricing
Uber Chief Executive Travis Kalanick knows the value of a good controversy. After his upstart company, which lets people summon rides at the touch of a smartphone button, provoked a flurry of social ...