Research and Trends News

Hearst Media Buys Work-Loss Data Institute

The giant media firm Hearst has acquired Work-Loss Data Institute (WLDI), a provider of healthcare data and guidelines to the workers’ compensation industry. Terms of the deal were not disclosed. WLDI will become part of Hearst’s MCG Health division, led …

Tech Firms Collecting Data: How Much Do Consumers Know or Care?

Nearly every technology startup wants the same thing: more data. But in the rush to collect all manner of information about customers, tensions are rising in Silicon Valley over whether such practices amount to a form of surveillance that customers …

Airbus Vows Self-Piloted ‘Flying Car’ Prototype by End of 2017

Airbus Group plans to test a prototype for a self-piloted flying car as a way of avoiding gridlock on city roads by the end of the year, the aerospace group’s chief executive said this week. Airbus last year formed a …

6 Key Trends in Workplace Litigation for 2017

The environment for employment litigation has more than ever been shaped by Supreme Court judges and settlements for wage and hour class actions rose in 2016 while those for other employment-related claims fell, according to a report on workplace class …

Supply Chain Risks Underinsured in APAC: Zurich Insurance/BCI Survey

Six out of 10 organizations in Asia Pacific experienced at least one supply chain disruption in the past year, with one in four incidents costing more than US$1 million, according to a survey conducted by the Business Continuity Institute (BCI) …

Robo-Insurance Agents? Bring ‘Em On, Phygitally, Say Consumers

Seven in 10 consumers around the world would welcome robo-advisory services – computer-generated advice and services that are independent of a human advisor – for their banking, insurance and retirement planning, according to a report by consultants at Accenture. Close …

Reinsurance Capacity Still Outpaces Demand Growth: Aon Benfield

Capacity continues to outpace the growth of reinsurance demand despite insurers’ continued efforts to optimize their view of reinsurance as capital and expand into growing lines of business and innovation, according to a report published by Aon Benfield. The report …

UK Financial Services Sector Drops Demand for Post-Brexit Passporting

Britain’s finance industry has reluctantly given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products. Banks, insurers and asset …

Business Interruption Remains Top Corporate Concern in 2017: Allianz

Business interruption is a top global corporate risk for the fifth year in a row. But worries about Brexit and incoming U.S. President Donald Trump also made the list of companies’ 2017 fears and uncertainties in a new Allianz report. …

2017 Cyber Risks to Intensify as Hackers Become More Cunning: Report

Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and an increase in attacks harnessing Internet of Things (IoT) devices, according to a report published by Stroz Friedberg, an Aon …