Technology & Analytics
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 ...
Cambridge Mobile Telematics Partners With Aioi Nissay Dowa Insurance to Develop Behavior-Based Telematics Program
Cambridge Mobile Telematics (CMT) and Aioi Nissay Dowa Insurance (ADI), a global insurance company, have formed a strategic partnership to bring a behavior-based telematics program to Japan. ...
Europe Flood Risk: A New Growth Opportunity for the Industry
Flood events are not restricted by geopolitical borders. In a landmass with multiple adjacent countries such as Europe, flood risk can have a wide-reaching impact on both business and ...
InsurTech Momentum Builds as VC Investments Top $1B for 2016
Even though venture capital investments in VC-backed fintech companies fell more than 50 percent globally during the second quarter of 2016, interest in InsurTech continues to pick up steam, a new ...