Technology, Internet News

Ageas UK Appoints Cardinus Risk Management to Provide Risk Surveys & Platform

Ageas UK has hired Cardinus Risk Management to provide both risk management survey software and on-site survey services to support commercial lines underwriting. Risk surveys, which are obtained by a visit to a client’s business, are an important part of …

UK’s Towergate Hires Accenture to Manage IT Infrastructure Transformation

Towergate, Europe’s largest independently owned insurance intermediary, is undertaking an IT infrastructure transformation across its entire business to address challenges posed by legacy systems and lack of integration and has chosen Accenture as its strategic service provider. The transformation program …

Software Provider Vertafore Acquires Canada’s Keal Technology

Vertafore, the Bothell, Wash.-based insurance software provider, announced the acquisition of Keal Technology, a leading provider of broker and commercial management systems in Canada. The move extends Vertafore’s customer base into Canada, further enhancing its international footprint, the company said …

Hiscox Launches E-Trading System for U.K. Commercial Brokers

After a successful pilot, Hiscox has launched Hiscox Trader, a new e-trading solution for U.K. commercial insurance brokers in partnership with insurance technology specialists Open GI London. The new cloud-based technology enables brokers to give their customers an indication of …

UK’s RSA Forms Partnership with Wipro to Provide IT Infrastructure

UK-based RSA announced a new, seven-year partnership with Wipro Ltd. to deliver its IT infrastructure requirements across the UK, Ireland and Scandinavia. Bangalore, India-headquartered Wirpo, a global information technology, consulting and business process services company, will provide infrastructure for mainframe, …

UK Firms ‘Can’t Afford to Ignore’ Cyber Risks, One of Top Business Threats: PwC

UK companies and institutions remain vulnerable to cyber attacks despite the fact that many CEOs now rank cyber as one of the top threats to their businesses, warns PwC’s Cyber Security practice. Almost three-quarters (74%) of chief executive officers in …

Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers

Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone technology to Willis Re clients. The integration of …

‘Smart’ Appliances, Ventilation Systems Are New Hacker Targets: Cyber Experts

Hijacking “smart” toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to the internet. The Internet of Things, a movement that seeks to …

Firms Look at New Tools Designed to Foil Hackers as Firewalls Prove Inadequate

With firewalls no longer seen as enough of a defense against security breaches, companies are looking at new tools to foil hackers trying to enter a computer network. U.S. and Israeli startups are leading the way, with new approaches such …

Artificial Intelligence to Help Reduce Insurance Risks: Baidu President

It was hard to tell whether hope or fear was the predominant sentiment about the future of artificial intelligence, according to a panel discussing the state of the field at the World Economic Forum in Davos, Switzerland, Wednesday. A.I. systems …