Technology & Analytics
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 ...
Artificial Intelligence in Commercial Insurance
"Artificial intelligence" (AI) is splashed across the daily headlines. For example, an AI application recently beat the human Go champion, autonomous cars are edging closer to mainstream use, social ...
The Hanover Launches Pay-As-You-Go Option for Workers Comp
The Hanover Insurance Group has launched a new pay-as-you-go option for workers compensation policies that allows insureds to pay their premiums in real time, based on payroll. Hanover EZPay gives ...
Climate Change Modeling Is Closer Than You Think
For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went ...
Guidewire Software Grabbing FirstBest for $34M in Commercial Risk Biz Expansion
California's Guidewire Software plans to snatch up FirstBest Systems for $34 million in cash, a deal it said will boost its capacity to serve property/casualty insurers focused on complex commercial ...