Top Technology Investments of Workers’ Compensation Carriers: Novarica October 30, 2017 Workers’ compensation insurers are looking to technology to deliver operating efficiencies, underwriting insights and product development as they navigate a...
Octo Telematics to Buy Usage-Based Insurance Assets of Willis Towers Watson; Partnership Announced October 11, 2017 Octo Telematics, the London-based provider of telematics for the auto insurance industry, announced it will acquire the usage-based insurance (UBI)...
Willis Towers Watson, Tech Firm Roost to Form Home Telematics Testing Consortium May 31, 2017 Global insurance consultant Willis Towers Watson is partnering with technology firm Roost to establish a claims data sharing consortium to...
How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance May 12, 2017 By Joseph S. Harrington, CPCU, ARP Today’s insurers want to be there for their customers—literally. With sensors of various kinds in policyholders’ cars, homes and personal...
Disruptive Tech Dominates 2nd Annual Efma-Accenture Innovation Awards April 28, 2017 Emerging technologies such as artificial intelligence, the internet of things (IoT) and blockchain were prominently featured among the winners of...
Driver Privacy at Risk when Telematics Data Stored in the Cloud: Researchers April 10, 2017 Drivers’ private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using...
RMS Expands Range of ‘Cyber-Physical’ Models for Property Insurers April 6, 2017 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the expansion of its range of cyber models to include...
Why Predictive Modeling Is Gaining as Fraud Fighting Tool February 13, 2017 By Denise Johnson Declining costs, the availability of cloud storage and the rise of telematics will likely increase predictive analytic adoption rates, according...
Expect the Unexpected in U.S. Casualty Insurance Market in 2017: Marsh January 19, 2017 Insurers and customers are increasingly embracing the Internet of Things but greater reliance on these technologies could bring problems that...
2017 Cyber Risks to Intensify as Hackers Become More Cunning: Report January 11, 2017 By L.S. Howard Top cyber threats during 2017 are expected to include nation state cyber espionage, a rise in data integrity attacks and...