Firms Turn to Kidnap Insurance Policies to Cover Ransomware Losses May 19, 2017 By Suzanne Barlyn and Carolyn Cohn Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world’s political hotspots to recoup...
UK Insurer Ageas Uses Artificial Intelligence to Manage Motor Claims May 19, 2017 UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with...
Novae Expands Cyber Team with Appointment of Quick from IBM May 19, 2017 Novae Group plc, the specialist listed Lloyd’s insurer, announced that Stuart Quick has joined its cyber team as breach response...
Volvo Tests Autonomous Garbage Truck for Use in Cities May 19, 2017 Volvo Group is working with Swedish waste and recycling specialist Renova to develop an autonomous garbage collection truck for use...
Re/Insurers, Other Global Businesses Have Stake in New WHO Leader May 19, 2017 By Albertina Torsoli The World Health Organization’s 194 member-states will vote for a new director-general next week, choosing a doctor to lead the...
XL Catlin Names AIG’s Estrada, Zurich’s Hughes to Canada Environment Team May 18, 2017 XL Catlin has added two new members to its Canadian environmental insurance team: Marc Estrada as environmental team lead and...
Canada’s Rogers Insurance Partners with Megson FitzPatrick May 18, 2017 Rogers Insurance Ltd. announced it has partnered with Victoria, British Columbia-based Megson FitzPatrick Inc., beginning with the purchase of a...
PERILS Releases European Windstorm Catalogue (1979-2015) May 18, 2017 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has released a storm catalogue containing the gust footprints...
Zurich Insurance Deploys Robots for Personal Injury Claims Handling May 18, 2017 By Brenna Hughes Neghaiwi and John O'Donnell Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour...
European Cyber Police Hunt for Culprits of Global Ransomware Attack May 18, 2017 By Kit Chellel Days after the global cyber attack, U.K. police are trying to figure out whether it was an established network of...