Specialty
Guidewire Paying $275M for P/C Data Science Software Firm Cyence
Guidewire Software Inc. will fork over $275 million to acquire Cyence, a software startup that uses data science and risk analytics to help P/C insurers address emerging risks including cyber, ...
Insurers, Banks Must Take Bigger Steps to Counter Climate Change Risks: Dutch Regulator
Banks, insurers and other financial institutions must do more to take into account the risks posed by climate change to their business, a Dutch Central Bank study said. As global warming increases ...
Hub International Grabs Calif. Broker Focused on VC and Tech Clients
Hub International Ltd. said it acquired the assets of California-based Costello & Sons Insurance Brokers (CSI), a move that gives it commercial lines expertise in areas including venture capital ...
Expect an Historic Q3 in Terms of Natural Disaster Costs: Impact Forecasting
As bad as September was in terms of natural disasters and the resulting costs, the 2017 third quarter as a whole could be positively historic as a result. A new report from Aon Benfield's Impact ...
Brexit Transition Deal Needed by Christmas, Bank of England Official Warns
Britain's banks need a watertight Brexit transition deal by Christmas to avoid a potentially disorderly shift of people and operations to the European Union, a top Bank of England official said on ...
XL Catlin Leads Slice Lab’s $11.6M Series A; Expansion Eyed for Pay-Per-Use Insurance Platform
XL Catlin's investor arm is the lead backer of Slice Lab's new $11.6 million Series A financing, money the InsurTech startup will use to expand its on-demand pay-per-use insurance platform. Beyond XL ...
The Latest Launches From Starr Companies and Allianz Global Corporate & Specialty
Starr Companies now offers commercial auto coverage for aviation insured. Allianz Global Corporate & Specialty and California-based software Zeguro are teaming to help small businesses protect ...
Consumers Worry Autonomous Vehicles Will be Vulnerable to Cyber Breaches: AIG Study
As property/casualty insurers contemplate how to insurer autonomous vehicles, a new AIG study reveals consumers worry these cars and trucks of the future are particularly vulnerable to cyber ...