Technology & Analytics
Praedicat Signs Swiss Re to New Liability Insurance Risk Modeling Platform
Praedicat, a liability catastrophe modeling company, released its new liability insurance risk modeling platform and says it has secured Swiss Re as its first licensee. The new platform, known as ...
Looking Ahead: What Do Agents Want From Carriers?
Knowing that agents are more satisfied with benefits they derive from carrier relationships than they are with carrier technology, you might think that agents would want carriers to step up efforts ...
Carrier-Agency Relationships: Partnership Benefits Weakening
Carriers putting money and resources into technology for agents aren't making much progress, according to a survey conducted by Deep Customer Connections and Wells Media's Insurance Journal for ...
Allstate CEO Sees Transport Advances Leading to Unrivaled Chance for Wealth Creation
Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country's transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the ...
Willis Re Upgrades Its Cyber Portfolio Management Tool
Willis Re, the reinsurance division of Willis Towers Watson, has launched the next generation of its cyber risk portfolio modeling tool PRISM-Re. PRISM-Re was first released in February 2015 to help ...
AIR Worldwide Expands Terrorism Model Globally
Catastrophe risk modeler AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for the United States and 27 other countries to help companies assess the ...
New Technologies: A Double-Edged Sword for Insurance Companies
The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. Situation ...
Warren Buffett’s Railroad at Forefront of Commercial Drone Testing
Before some cutting-edge online retailer can use a drone to drop granola bars on your doorstep, a railroad born when Abe Lincoln was in Congress will first have to iron out the kinks. BNSF Railway ...