Innovation
Single Number Cyber Risk Score Could Help Carriers Craft More Precise Cover
The rapidly emerging and evolving world of cyber risk poses a paradox for property/casualty insurers, according to two panelists addressing "Risk Selection in Cyber Insurance" at the Casualty ...
Carriers Can Learn From Uber Driverless Vehicle Fatality as They Shape Coverage Standards
Uber's driverless sport utility vehicle that struck and killed a woman in Arizona during a test run isn't spooking carriers from developing coverage for the technology. The industry is proceeding ...
RMS, Symantec, HP Vets Launch New Cyber Risk Modeling Startup
A new cyber risk analytics firm has made its public debut. CyberCube Analytics relies on technology developed by Symantec Corp. plus investment from Trident Capital Cyber Security, a $300 million ...
Next Insurance Touts New Online Certificate of Insurance Verification Option
Next Insurance is touting a new online option that it said can help small businesses and their customers verify a certificate of insurance in real time. The California-based provider of digital small ...
The Latest Launches From Travelers and XL Catlin
Travelers now offers an online insurance policy designed for customers who may not need a traditional home or auto policy. XL Catlin has started using an online claims reporting tool in North America ...
For Many Carriers, IoT Remains an Untapped Data-Gathering Tool
Most insurance carriers lack a strategy to capitalize on data generated by the Internet of Things (IoT), even as they realize the importance of having one. Making matters worse, a majority lack ...
Pinnacle Teaming Up With Carfax on Data Analytics Group for Auto Insurers
Pinnacle Actuarial Resources has teamed up with Carfax Banking & Insurance Group to deliver actionable, data-driven insights to automobile insurance carriers, the two said in a statement last ...
Marsh Joins World’s Largest Open Source Blockchain Initiative
Marsh said it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies. The EEA is focused on creating open ...