Technology & Analytics
The Hartford Acquires Y-Risk, an MGA Focused on the Sharing Economy
The Hartford has acquired Y-Risk, a managing general underwriter focused on the sharing and on-demand economy, from Allstar Financial Group Inc. Neither side is disclosing financial terms. Y-Risk ...
Carriers Will Increasingly Turn to the Cloud in 2019: Deloitte Prediction
Insurers are poised to increasingly embrace the cloud and related technologies in 2019, according to predictions Deloitte makes in a new report. Deloitte argues that for the insurance industry, an ...
Carrier Predictive Analytics Initiatives: Telling a Clear Story to Agents
This is the fifth in a series of articles by Valen Analytics looking at the hurdles that insurers must overcome to effectively implement and gain value from data analytics programs. Using technology ...
Like Tech Entrepreneurs, Carriers Should Closely Track a Rapidly Changing World
For carriers seeking to innovate and digitize their operations, an awareness of a rapidly changing world and the need to continually adapt to it can help ensure success. Maintaining a strategic ...
Insurers: The First and Next Alternative Data Innovators?
The world is in the middle of a data explosion. The quantity of data being generated and collected is increasing exponentially. Every company is now a data company, obsessively measuring, tracking ...
Startup Understory Raises $7.5M; Produces Weather Data for Insurers, Others
Understory, a producer of weather and related analytics data for insurers and others, raised $7.5 million in new financing designed to help propel an international expansion. The Wisconsin-based ...
Cloud Computing Is Becoming a Pricy Business Interruption Risk: Hartford Steam Boiler
Cloud computing is shaping up to be a pricy and challenging business interruption risk, according to a new survey from Munich Re/Hartford Steam Boiler. According to the 2018 HSB survey, 34 percent of ...
Hippo, Seller of Online Homeowners Insurance, Attracts $70M in New Financing
Hippo, a provider of super-quick homeowners insurance, said it has pulled in a new $70 million financing round designed to fuel an ongoing expansion of its customer-focused online products and ...