How AI Can Reshape Claims Management May 30, 2024 By Allen Laman How can artificial intelligence change property and casualty insurance claim processing? Two industry experts answered that question from a few...
Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say May 13, 2024 By Gautam Naik The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by smaller...
Verisk’s First-Quarter Profit Beats on Insurance-Focused Analytics Demand May 2, 2024 Data analytics firm Verisk beat estimates for first-quarter profit on Wednesday, driven by strong demand for its products used by...
Tech Update: Verisk Launches Next Generation Catastrophe Models April 8, 2024 Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models....
Verisk’s Annual Profit Forecast Falls Short Amid Spending Uncertainty February 26, 2024 Verisk Analytics forecast 2024 adjusted profit below market estimates last Wednesday, as the broader data and analytics industry grapples with...
3 Emerging Risks: AI-Driven Civil Unrest, Heavy EVs, Solar Panel Safety February 23, 2024 By Lee Shavel Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced...
Cyber Risk Management Specialist KYND Secures New Funding for Global Growth Plans February 16, 2024 KYND, the London-based provider of cyber risk management solutions, has disclosed “a substantial investment” to propel expansion and further growth....
Expert: ‘Active Year Worldwide’ for Rapid Hurricane Intensification December 19, 2023 By Allen Laman While only three hurricanes made landfall in the United States this year, rapidly intensifying hurricanes in the Atlantic and Pacific...
Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk November 15, 2023 Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5...
Insured Losses from Winter Storm Ciarán Range From €800M to €1.3B: Verisk November 9, 2023 Industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will...