Technology & Analytics
Towers Watson Launches New Terror Risk Modeling Software
Global professional services company Towers Watson has introduced new predictive modeling software designed to help carriers and non-insurers assess terrorism risk. The company unveiled its Sunstone ...
Using Big Data To Improve Homeowners Insurance Products
There is no doubt that so-called Big Data is changing the way many companies do business. The volume of information being generated by web activity is growing exponentially and the technology has ...
Warming Slowdown Exposes Uncertainty in Climate Science
Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding and defies a rise in global greenhouse gas emissions. Often focused on century-long ...
Powerful Predictions: Finding the Best Prospects With Analytics
Large financial services firms like Morgan Stanley are focusing on predictive analytics to accelerate growth among wealth management clients. Retailers, including CVS and Macy's, rely on analytics to ...ISO Telematics-Based Auto Rating Tool Now Available
Insurance company services organization ISO said it has filed its first vehicle telematics-based rating rule with insurance regulators in 33 states and received approvals in 19 states. The GeoMetric ...European Reinsurance Software Vendor Effisoft Opens North American Office
Effisoft, a leading reinsurance software vendor in Europe, announced that it is setting up its North American headquarters in Dallas and founding Effisoft USA Inc.—describing the moves as part of a ...
Analyzing Analytics: When Does Value Of Predictive Modeling Outweigh Expense?
As leaders of property/casualty insurance carriers, you are routinely exposed to conversation about predictive models, along with assertions that the benefits realized by some carriers in auto ...