data analytics News

Broker BMS Launches Analytics Platform to Support Clients’ Risk Transfer Goals

BMS, the London-based independent specialist insurance and reinsurance broker, announced the launch of an analytics platform called Pathlight AnalyticsTM. The platform is designed to harness the collective power of the analytics disciplines to better assist clients with examining, analyzing and …

Update: CoStar Group Withdraws Bid to Buy CoreLogic

Commercial real estate information provider CoStar Group said it had withdrawn its bid to buy CoreLogic after the U.S. property analytics company rebuffed its sweetened buyout offer of more than $7 billion earlier on Thursday. In February, CoreLogic had agreed …

Insurance Veterans Lead Confianza, Big Data Analytics Startup for Smaller Insurers

Two insurance industry veterans have launched Confianza, a new data analytics company focused on smaller insurers. One co-founder – Jeffrey Glazer – is a past chief executive officer of Activer Solutions and Insurity, and was a past CEO of Insurance …

Modernizing the Housing Economy: A 20/20 View of 2020

This post is part of a series sponsored by CoreLogic. In the blink of an eye, COVID-19 reshaped our world. As the critical functions of the real estate, lending, and insurance economies began to adapt to the new circumstances of …

Willis Towers Watson Partners with Polecat Intelligence on Emerging Risk Analysis

Willis Towers Watson, the global advisory, broking and solutions company, announced a partnership with Polecat Intelligence Ltd,, a business intelligence and data analytics company. Together, they are developing insurance solutions that enable organizations to respond to the rapidly changing, increasingly …

Next Insurance Buys Data Firm Juniper Labs to Enhance Workers’ Compensation Offering

Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation in workers’ compensation and general liability product offerings …

Honda App Links Feedback on Drivers to Insurance Carriers via Verisk

Honda Motor Co. is offering an app that scores the safety of car owners’ driving habits and links with insurance carriers that can offer discounts to drivers who are deemed a good risk. The Driver Feedback app is available to …

Tesla Invites Actuaries to Help It Create a ‘Revolutionary’ Insurance Company

Tesla, which has been testing an insurance product for its drivers in California, is preparing to build an insurer, one CEO Elon Musk says will be “revolutionary.” And he’s inviting actuaries to join his cause. “I would love to have …

Confessions of a Diehard Insurance Data Fan: Part 2

After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD’s latest study, “Intelligent Growth: Intent, Decisions, Outcomes,” he sat down with Wells Media’s Andrew Simpson to talk about winning carrier strategies. Pieroni, who discussed carrier growth and profit …

No Workers’ Compensation Loss History? No Problem, Says Valen Analytics

Workers’ compensation carriers can now accurately score a policy even where there is no loss history on the account, according Valen Analytics, a data analytics and predictive modeling firm for the property/casualty insurance industry. Valen has released the latest in …