Technology, Internet News

ABD Insurance Adds Life Sciences Portal, Clinical Trial Coverage

San Mateo, Calif.-based ABD Insurance and Financial Services (ABD) announced new insurance and technology offerings in its Life Science Practice: a client portal and Clinical Trial Pac coverage. Life science companies require a range of expertise in insurance, primarily around …

Technology Firm iPipeline Weghing IPO; $500 Million Value Possible

Internet Pipeline Inc., which makes technology used by insurance companies to manage customers, data and pricing, is exploring a sale or initial public offering, people with knowledge of the matter said. The company, which does business as iPipeline, could be …

Big Data: It Isn’t Just for Carriers

This is the era of big data and while it’s no surprise that insurance carriers are big players, the fact is that agents and brokers of all sizes also have a growing stake in big data. While the insurance industry …

Integro, One Source Launch Global Credit Insurance Offering

International insurance broker Integro, based in New York, has expanded into credit insurance to assist clients in managing global receivables and political risks. Integro is partnering with One Source Risk Management and Funding Inc., a specialist broker for credit mitigation …

Tech Troubles Remain at Minnesota’s Health Insurance Exchange

Consultants told the board that governs Minnesota’s health insurance exchange that a lot of work is needed to get the troubled system ready for open enrollment in November. MNsure hired Deloitte Consulting LLP for $5 million in April to be …

Technology Changing Perceptions of Tornadoes, Damages

Experts say that advances in technology, particularly social media, are changing how people watch for severe weather and how quickly images of the damage can be shared. John Robinson, the warning coordinator for the National Weather Service’s Little Rock office, …

ACE Expands Digital Technology Offering to Address Product Recall Risks

ACE Group has launched a new endorsement to help protect technology companies from exposures resulting from products that are sold and distributed to third-parties. The new ACE DigiTech and Product Recall endorsement offers expanded digital technology coverage providing out-of-pocket recall …

Increase in Cyber Attacks Costing Millions, Stressing Internet

Crashing websites and overwhelming data centers, a new generation of cyber attacks is costing millions and straining the structure of the Internet. While some attackers are diehard activists, criminal gangs or nation states looking for a covert way to hit …

Expect P/C Industry to Be Stable in 2014: Wells Fargo

Following a profitable year for the property/casualty insurance industry, the P/C market will be stable and competitive in 2014, according to a report issued Thursday. The Wells Fargo Insurance 2014 Insurance Market Outlook covers product segments including workers’ compensation, employment …

Reinsurance at Crossroads As New Factors Sweep Away Old Habits

Part I – The Market in the Developed Economies A significant number of reinsurance treaties were renewed this month, heavily concentrated in property catastrophe coverage. It’s become apparent, however, that this market, for a number of reasons, has seen changes …