Technology & Analytics
New AIG CEO Duperreault Reiterates Desire to Focus on Acquisitions over Share Buybacks
American International Group Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. "I'd love to ...
Realistic Steps for Improving Your Return on Insurance Data
The insurance industry's return on investment has reached its lowest level in decades, according to the 2016 Annual Report on the Insurance Industry by the U.S. Federal Insurance Office. Primary ...
AIR Worldwide Issues Crop Hail Model for Canada, Product Update for China
Catastrophe risk modeling firm AIR Worldwide released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of ...
WannaCry-Like Cyber Attack Keeps Wreaking Corporate Havoc on Second Day
A cyberattack similar to WannaCry entered its second day, hitting businesses, port operators and government systems around the world, with companies struggling to retake control of their networks. ...
Zurich Closes Purchase on Halo, a UK Online Rental Car Platform
Zurich is the proud new owner of Halo, a specialist, UK-based online rental car insurance platform that will help it further a strategy of growth in global travel and assistance markets. Neither side ...
Shopping With Assisted Online Chat Helps Drive Close Rates
Technology is changing the way insurance carriers meet the evolving needs of customers and prospects, and digital offerings such as assisted online live chat/messaging are poised to change the way ...
Five Questions With Friendsurance Co-Founder Tim Kunde
When Carrier Management last checked in with Friendsurance in June 2016, the Berlin-based company was pursuing expansion, both in number of customers and geographic reach. One year later, the ...
Unlearn, Relearn and Deep Learn or Be History: Carrier Implications of Machine Learning
Something weird happened recently: My mum asked me if I had heard of this thing called machine learning (ML). Other than thinking she is hanging out with the wrong crowd, it got me thinking how ...