Technology & Analytics
Designing a UBI Program to Fit Your Business Strategy
Usage-based insurance (UBI) for auto is often presented as a "one size fits all" solution to insurers' business problems. Tiny telematics devices that can be installed in policyholders' vehicles ...
Reinsurance at Crossroads Part 2: Emerging Markets and Risks; the Road Ahead
As detailed in Part 1, "The Market in the Developed Economies" the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property ...
Berkshire Gains Concierge Service with MyAssist
Warren Buffett's Berkshire Hathaway Inc. is betting on a service that helps companies including Ford Motor Co. and Daimler AG's Mercedes-Benz provide live, in-car support to drivers. Berkshire agreed ...
Berkshire Hathaway Specialty to Acquire MyAssist and Insure America
Berkshire Hathaway Specialty Insurance said it has agreed to purchase the assets of MyAssist Inc., a live-agent personal concierge and telematics service provider, and Insure America LLC, a niche ...
Data Theft Nearly Impossible to Beat, Say Davos Executives
Fighting online data fraudsters is almost impossible as their ability to hack into new technology often outpaces companies efforts to protect it, senior businessmen and bankers gathering for the ...
Ford Teams with MIT, Stanford to Research Autonomous Driving
Ford Motor Co. said it is joining with two top U.S. universities to launch research into automated driving technology. The automaker said it will work with Stanford University and the Massachusetts ...
Insurers Poised to Change Rates of IT Outsourcing in 2014: Novarica
Only 15 percent of insurers don't currently rely on external IT services for key technology areas, but a group of those that do outsource IT services expect to scale back in 2014, a new survey finds. ...
Nasdaq Says Talks Over Market Glitches Too Slow: Reuters
Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over ...