Underwriting & Pricing
Why Improved Auto Technology Is Creating Underwriting Challenges
Automobiles are so solidly made now that they're safer and lasting far longer than their predecessors. Their durability is delaying wider use of even better technology, however, a trend that will ...
Single Number Cyber Risk Score Could Help Carriers Craft More Precise Cover
The rapidly emerging and evolving world of cyber risk poses a paradox for property/casualty insurers, according to two panelists addressing "Risk Selection in Cyber Insurance" at the Casualty ...
RMS, Symantec, HP Vets Launch New Cyber Risk Modeling Startup
A new cyber risk analytics firm has made its public debut. CyberCube Analytics relies on technology developed by Symantec Corp. plus investment from Trident Capital Cyber Security, a $300 million ...
Without Consumer Trust, Insurers Could Lose Out to Tech Companies
A future in which technology companies have access to online consumer data and data from the Internet of Things while insurers are shut out could emerge if insurers don't earn the trust of consumers. ...
Pinnacle Teaming Up With Carfax on Data Analytics Group for Auto Insurers
Pinnacle Actuarial Resources has teamed up with Carfax Banking & Insurance Group to deliver actionable, data-driven insights to automobile insurance carriers, the two said in a statement last ...
Willis Towers Watson Sees Small U.S. Commercial Insurance Price Uptick in Q4
Another market analysis has determined that average U.S. commercial insurance pricing nudged slightly in the 2017 fourth quarter. Willis Towers Watson's latest Commercial Lines Insurance Pricing ...
Commercial Insurance Prices Nudged Higher in Q4: Marsh
The historic cluster of natural catastrophes that struck in late 2017 helped nudge average global commercial insurance pricing higher during the fourth quarter—the first increase since early 2013, ...
Mobile Broadband Access and Auto Collision Frequency Uncorrelated, Actuaries Find
Mobile broadband access—used as an indicator of the likelihood that drivers may be using mobile devices while driving—appears to have no impact on collision frequency, according to a recent ...