cloud computing News

IBM’s ‘Internet of Things’ Unit to Offer Insurers Online Data Service, Analysis

IBM is investing $3 billion to build an “Internet of Things” division aimed at harnessing the massive trove of data collected by smartphones, tablets, connected vehicles and appliances and using it to help companies better manage their businesses. IBM estimates …

RSA Upgrades to Cloud Computing With Amazon Web Services

RSA announced it has signed a contract with Amazon Web Services to use its cloud computing services across the group. The technology will initially be used to host a number of RSA and MORE TH>N websites and other digital services. …

Zurich Introduces Property Coverage for Cloud-Dependent Companies

Zurich North America has introduced new property coverage for cloud-dependent, middle-market companies. As the new property coverage enhancement for companies is not location specific, Zurich now offers insurance coverage for the cyber risks of cloud computing as well as business …

Vertafore Launches Updated Agency Cloud, Mobile Technology

Insurance software provider Vertafore unveiled its next step cloud and mobile innovations for its premier agency technologies – Vertafore Agency Platform, Sagitta Suite and Vertafore Producer Advantage. The products were announced at the 38th Network of Vertafore Users (NetVu)  Conference …

Dovetail Insurance Expands Distribution of BOP Product in Midwest

Dovetail Insurance, a supplier of cloud-based insurance product delivery services, is expanding its distribution of NetBOP in seven states, including Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota and Wisconsin.  NetBOP is a business owners policy (BOP) insurance product developed for businesses …

Bolt Solutions Acquires Online Aggregator Superior Access (SAIS)

Bolt Solutions Inc., which provides property/casualty insurance online distribution and comparative rating platforms, has acquired Austin, Texas based Superior Access Insurance Services Inc. (SAIS), which it says is the industry’s largest online insurance aggregator. Founded in 1996 by independent agents, …

LIU, CloudInsure Tackle Cloud Computing Coverage Gaps

A new insurance partnership between Liberty International Underwriters and CyberRiskPartners’ CloudInsure will provide insurance backing for cloud providers and the businesses that utilize them. The two companies hope the new platform will reinforce cloud companies’ commitment to protect the data …

CloudInsure, Lockton to Offer Cloud Risk Insurance Coverage

CloudInsure, a cloud insurance platform designed to specifically address privacy and security liabilities within the cloud environment, has formed an agreement with independent (re)insurance broker Lockton to provide risk management products for clients exposed to hazards associated with cloud technologies. …

Marsh Launches Product for Cloud Computing Risks

Marsh has launched an insurance product designed to protect companies against first-party losses stemming from a cloud service provider’s failure. Improvements in technology and the need for greater efficiency have led to heightened interest in cloud computing—the delivery of information …

Applied Systems to Release Epic 6 Agency Program in April

Insurance software company Applied Systems will unveil the latest release of its browser-based agency management software Epic on April 27. Applied Systems said Epic 6 provides for more streamlined agent-carrier communications, particularly for commercial middle-market business. The new efficiencies are …