Technology & Analytics
XL Catlin, Liberty Mutual Back Internet of Things/Home Security Startup
XL Catlin and Liberty Mutual are among the backers of a new startup focused on developing Internet of Things-related home security technology, with an eye on reducing property damage risks. The ...
U.S., Other Business Groups Say China’s Cyber Rules for Insurers Go Too Far
Controversial cyber security regulations for China's insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade ...
Colorado State Team Predicts Near-Normal Hurricane Season
The Atlantic should produce a near-normal 12 storms during the six-month hurricane season that officially begins June 1, while the U.S. coastline has a below-average chance of being struck by a major ...
5 Tips for Successful Digital Transformation
New digital technologies are transforming the way business is done across the enterprise. The potential benefits of a successful digital transformation are compelling. What business would pass up the ...
Amica, Tech Company Test Hail Weather Sensing Platform to Improve Claims Handling
Amica Insurance and Understory Inc., a weather data and analytics company, recently announced the development of a new weather sensor and data analysis network to test hyper accurate ground-level ...
RMS: $77B of San Francisco Property at Risk From Sea-Level Rise by 2100
By the year 2100, up to $77 billion of property in San Francisco will be at risk from sea-level rise, according to an analysis from global catastrophe risk management firm RMS. The analysis found ...
XL Catlin Helps Back Embroker, an Automated Broker Startup
XL Catlin's investment arm contributed to a $12.2 million venture-funding round for Embroker, a startup focused on automating the insurance broker experience for small and midsize business owners. ...
AIR Worldwide Releases Cloud Environment for Cat Risk Platforms
AIR Worldwide, a Verisk Analytics business, has released a new cloud environment for its catastrophe risk management platforms Touchstone and CATRADER. The AIR Cloud offers the benefits and security ...