analytics News

CoreLogic Expands National Parcel Boundary Database

CoreLogic, a global property information, analytics and data-enabled services provider, has expanded its proprietary property parcel database to cover more than 144 million parcel boundaries and parcel point locations. ParcelPoint, which includes patented technology, covers 97 percent of parcels and …

P/C Insurers Told ‘Fresh Approach’ Needed to Face Coming Disruption

U.S. property/casualty insurers should expect disruptive changes in a number of areas in 2016, including technology, pricing, customer demand, and “heightened regulatory creep,” consultant Ernst & Young said in a new report. “Insurers that stay ahead of these shifts should …

Sentry Insurance to Provide DriveCam Program to Transportation Clients

Lytx, Inc. (formerly DriveCam, Inc.), a global driver safety and compliance product company, has signed an agreement with Wisconsin-based Sentry Insurance to provide Sentry’s transportation clients with the DriveCam powered by Lytx driver safety management product. Sentry will share a …

Towers Watson Releases Analytical Scoring Model for Auto Insurers

Towers Watson, a global professional services company, has launched DriveAbility 2.0 Score, a new analytical scoring model designed for the automobile insurance industry. DriveAbility 2.0 Score includes a GPS version with location-specific factors in the risk model and a non-GPS …

CoreLogic Acquires Catastrophe Modeling Firm Eqecat

CoreLogic, an Irivine, Calif. company that provides the insurance, financial services and real estate industries with data and analytics, has acquired catastrophe modeling firm Eqecat from ABS Group. Alyson Austin, CoreLogic spokesperson, said the transaction closed on Dec. 20. The …

Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data

Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and energy industries. “Insurance is the most obvious” industry “about to explode” …

Bickerton Named Senior Director of Analytics for AAIS

Bill Bickerton of Denver, Col. was recently named senior director of analytics for the American Association of Insurance Services (AAIS), the Wheaton, Ill.-based organization that develops policy forms and rating information for property/casualty insurers in the U.S. Since 2002, Bickerton …