Technology & Analytics
Embracing the Future of Catastrophe Modeling
This year, 2017, marks the 30th anniversary of the beginning of catastrophe modeling. Back in 1987, after a few quiet decades of natural catastrophes in the United States, the idea of ...
Growth Ahead as State Auto Exits Specialty Biz
A complete digital transformation is taking shape at State Auto Insurance, where efforts to turn around several years of underwriting losses have also meant exits of certain part of the business. ...
Meet the Modeler: Praedicat’s Boudreau Takes the Road Less Traveled for Actuaries
After working on a nagging insurance industry problem on and off for three decades, an actuary, who is also a software engineer, recently devised the solution—a new model of the occurrence form for ...
InsurTech MGA Wrisk Gains UK Regulatory Authorization
On the heels of its recent successful crowdfunding raise, the app-based InsurTech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK's ...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by ...
Data Analytics: Fueling the Future of Insurance
When you read about another new carrier carving out market share, how do they do it? Although they may not be established or a "big name," they harness technology and use data effectively from ...
Direct Line’s Discount Encourages Switch to Tesla Autopilot System
Britain's largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car's autopilot system, seeking to encourage use of a system it hopes ...
Highway Disruption: The Promise and Perils of Autonomous Vehicles for Insurers
It's becoming clear that our highways to the future will be paved as much with technology as with asphalt. And if we believe some auto makers, self-driving vehicles hold potential to unravel traffic ...