analytics News
Allianz, Praedicat Partner on Improving Catastrophe Liability Risk Predictions
Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based InsurTech analytics firm, to better predict key ...
Aon to Expand Focus on Data, Analytics After Sale of Outsourcing Platform
Aon has completed the $4.3 billion cash sale of its benefits administration and HR business process outsourcing platform to Blackstone-affiliated private equity funds. The sale will generate up to ...
InsurTech Developer OmniEarth Acquired by EagleView
OmniEarth, a developer of learning technologies and decision-making tools for insurance and other industries, has been acquired. The buyer: EagleView, a provider of aerial imagery and data analytics ...
Insurers Risk Triggering Government Regulation Without Responsible Big Data Usage: Fitch
For insurers, the new world of big data and analytics is one that's relatively unregulated. With that in mind, executives would do well to use these technologies responsibly so they don't stimulate ...
Large, Tech-Savvy Insurers Will Excel With Big Data; Smaller Carriers Face Struggles
The insurers that will best incorporate data analytics into their daily operations have multinational scale and are already technology savvy in their underwriting practices, Fitch ratings concluded ...
CoreLogic CEO Nallathambi Dies Unexpectedly After Brief Illness
CoreLogic President and CEO Anand Nallathambi has passed away after a brief illness. Nallathambi held both titles with company since 2010. CoreLogic is known for providing catastrophe modeling, as ...
Repairing the Tumultuous Commercial Auto Line of Insurance
There is little uncertainty that commercial auto is in a time of turbulence. Between the enormous claims payouts, increasing claim frequency and escalating issues with driving behavior, something ...
W.R. Berkley CEO Chides P/C Companies for Fighting Change
W.R. Berkley Corp.'s president and CEO chided the property/casualty insurance industry for being slow to change and embrace technology to improve efficiency and meet customer demands. "We continue to ...