Technology & Analytics
Beazley Unveils Digital Insurance Weather Policy That Relies on ‘Plain English’
Specialist insurer Beazley launched a digital insurance policy in the U.S. that can be customized and describes in plain English precisely what coverage the customer has bought. Beazley Weather Guard ...
The Latest Launches From Allianz and Liberty Mutual
Allianz Global Corporate & Specialty plans to start offering drone-safety products to insureds to help them manage drone-related risks, by way of a partnership with an Israeli company. Liberty ...
Taming the Data Storm: Business Strategy for Specialty Insurers
Harnessing data effectively is the specialty insurance sector's next great evolutionary step. Success in underwriting will soon demand that carriers strategically tap into the enormous pools of data ...
Lloyd’s Will Say Goodbye to Most Paper Trading in Less Than Two Years
Most business on the Lloyd's of London insurance market will be negotiated electronically by the end of next year, its chief executive Inga Beale said on Monday. The largest commercial insurance ...
Israel’s Kovrr Debuts Predictive Cyber Risk Modeling Tool
The Israeli company Kovrr launched a new predictive cyber risk modeling platform designed to help P/C insurers underwriter cyber risk more efficiently. Kovrr analyzes millions of emerging cyber ...
Using AI Can Have Unintended Consequences
Artificial intelligence protects us from known and unknown threats, helps us connect to one another, and provides better answers faster and cheaper than humans do. But what about the unintended ...
Insurance Today Is Like the Bundesliga
I am German, and I am a die-hard soccer fan. Believe me, it's relevant. In my view, digital transformation in the global insurance industry is about to play out like a season in the Bundesliga, the ...
Can InsurTechs Compete With Carriers and Agencies on Main Street?
As an industry, insurance has always been a technology pioneer of sorts—so it comes as no surprise that in these halcyon days of digital commerce, more than 700 new insurance technology vendors, ...