Technology, Internet News

Guy Carpenter Launches Updates to MetaRisk Capital Modeling Tools

Guy Carpenter & Co. announced the launch of MetaRisk Reserve 5 and MetaRisk 9, the latest updates to its suite of capital modeling tools. MetaRisk Reserve 5 adds a rich application program interface (API) that embeds within each client’s existing …

China’s Online Insurer ZhongAn Launches Fintech Incubator

ZhongAn Online Property & Casualty Insurance Co. Ltd., China’s first online insurance company, has launched a fintech innovation company. The company, called Called ZhongAn Information and Technology Services Co. Ltd. (also known as “ZhongAn Technology”), will explore innovation for its parent …

It’s Networking, Just with Technology

This post is sponsored by ITC (Insurance Technologies Corporation). The insurance industry is a social bunch. We talk among ourselves online, in our communities, and at events across the country. We like to share information relating to our agencies and …

P/C Tech Firm, Xceedance, Opens London Office; Davies Heads EMEA Region

Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, the company announced. Xceedance is a managed services company that partners with …

Barclays Says It Conducts ‘World’s First’ Blockchain-Based Trade Finance Deal

Barclays and an Israel-based start-up company have carried out what they say is the world’s first trade transaction using blockchain technology, cutting a process that normally takes between seven and 10 days to less than four hours. The transaction guaranteed …

Blockchain – Where Hype Meets Potential Magic: Opinion

Blockchain, the technology behind Bitcoin and other digital currencies, isn’t quite as novel or omnipotent as many have advertised it to be. That doesn’t mean, however, that it can’t do wonders in the world of finance. The World Economic Forum …

‘Xuber for MGAs’ Platform Delivered for Castel Underwriting

Xuber, the insurance software business of Xchanging, a unit of CSC, announced the delivery of its “Xuber for MGAs” platform for London-based Castel Underwriting Agencies Ltd. Xuber for MGAs is a flexible digital platform that enables Castel to provide and …

Some Sage Customers Open to Data Breaches Because of Their Own Lax Security

Sage Group, already hit by an insider data breach this week, then found itself racing to shut down security lapses by more than 20 customers after a U.S. researcher uncovered stores of their corporate data exposed online. The British financial …

Willis Towers Watson Launches New Version of Pricing Software Radar 2.0

Willis Towers Watson has released a new version of its Radar pricing software to enhance support for the growing demand for pricing sophistication from property and casualty (P&C) insurance markets around the world. “The leap forward in processing speed of …

Pen Canada Launches E-Traded D&O Platform in Response to Broker Demand

Pen Underwriting Canada has launched a purpose-built, e-trading platform for directors and officers insurance, in response to broker demand for a quick-quote, competitive D&O solution. The platform is simple, straightforward and responsive – able to quote and issue a policy …