Technology & Analytics
What Rating Agencies Really Want to Know About Your Catastrophe Risk
Preparing effective rating agency presentations is important to most companies, but when it comes to articulating catastrophe risk and large loss potential, there can be a disconnect between what ...
PURE Introduces Self-Serve Member Portal
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that caters exclusively to high-net-worth individuals and families, announced the release of the ...
IBM’s Watson Teams Up With USAA on Customer-Facing Application
Fresh off of six months of training with a team from USAA, IBM's Watson is poised to answer questions from USAA's members in the first commercial use of the artificially intelligent computer as a ...
Improving Claims Legal Management Effectiveness With Advanced Analytics
Claims organizations are under increasing pressure to manage the legal expense associated with claims litigation. The legal spend for the P/C insurance market remained flat at $21.3 billion from 2008 ...
AIR Worldwide Updates U.S. Severe Thunderstorm Model, Unveils Crop Hail Model
Catastrophe risk modeler AIR Worldwide has updated its Severe Thunderstorm Model for the United States, including significant enhancements to all three model components: hazard, engineering and ...
Valen Analytics Releases New ‘Risk Score’ for Workers Comp Insurers
Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurers manage and drive underwriting profitability, has announced its new Risk Score for workers ...
Computers Writing Earnings Reports
Unless you follow me on Twitter (@SSCLAF or @CarrierMgmt), you probably missed what I viewed as one of the recent highlights of the IICF Women in Insurance Regional Forum. There was lots of good ...
Governments Will Gain Free Access to RMS Cat Modeling Technology
RMS said it will give governments free access to its new catastrophe modeling software program through a new initiative with The World Bank and United Nations. A particular goal here is to increase ...