Flood-Prediction Tech Company To Launch In US
FloodMapp, a real-time flood-prediction technology, has announced that it is launching in the US. The software will be showcased at the InsurTech Connect conference in Las Vegas Sept. 23-25.
September 12, 2019
Catastrophe
Property
Technology
Business Email Compromise Overtakes Ransomware And Data Breaches In Cyber-Insurance Claims
Business email compromise (BEC) has overtaken ransomware and data breaches as the main reason companies filed a cyber-insurance claim in the EMEA (Europe, the Middle East, and Asia) region last year, said insurance giant AIG.
September 5, 2019
Excess & Surplus Lines
Technology
Are Cyber Insurance Companies Contributing To Ransomware Attack Growth?
It comes as no surprise to hear that ransomware attacks are on the rise, but new perspectives are connecting this trend with increasing the availability of products from cyber insurance companies.
September 4, 2019
Excess & Surplus Lines
Technology
The Switch To Preventing Claims
To some, it is magic. To insurance, it is reality. The ability to accurately discern the past and predict the future based on nothing but data points and the long-lived experience of actuaries and adjusters has served the industry well, allowing insurance to become a multibillion-dollar industry.
September 4, 2019
Technology
Tesla Autopilot Engaged In 2018 California Crash; Driver’s Hands Off Wheel: NTSB
The National Transportation Safety Board (NTSB) said on Tuesday that a Tesla Model S was in Autopilot mode and the driver’s hands were off the wheel when it struck a fire truck in Culver City, California, one of a series of crashes the board is investigating involving Tesla’s driver assistance system.
September 4, 2019
Auto
Technology
California
Tesla Rolls Out Insurance In California
Tesla Inc (TSLA.O) said on Wednesday it was launching an insurance service designed to give drivers in California, its biggest market, lower rates because of safety features on its electric vehicles.
August 30, 2019
Auto
Technology
California
Insurance Industry Savings: Distributed Ledger Technology Apps And Blockchain
New research examined the way a consortium-based blockchain approach using distributed ledger technology (D.L.T.) applications could save the insurance industry millions every year.
August 30, 2019
Auto
Risk Management
Technology
U.S. To Test Mirrorless, Camera-Based Systems In Autos
The U.S. National Highway Traffic Safety Administration plans to test how drivers could use cameras to replace traditional rearview mirrors in automobiles, a technology already allowed in other countries, the agency said on Tuesday.
August 29, 2019
Auto
Legislation & Regulation
Technology
Telematics Data Confirms Speeders Are The Most Dangerous Drivers
When it comes to the most dangerous form of aggressive driving, speed stands above the rest as most likely to cause a crash.
August 28, 2019
Auto
Liability
Technology
Liberty Mutual Partners With Duck Creek To Develop New Claims-Management System
Liberty Mutual has partnered with Duck Creek Technologies to develop a next-generation workers’ compensation claims-management system, the insurer has announced.
August 27, 2019
Technology
Workers' Compensation
The One Technology The Industry Can’t Wait To See Grow
There’s one automotive technology that has industry experts excited because it’s playing an increasingly key role in reducing crashes and increasing driver safety: autonomous emergency braking (AEB). But it will take some time before significant results are seen.
August 22, 2019
Auto
Technology
Stress About Financial Wellbeing Impacts Consumers And Insurers
Stress about their financial wellbeing is a feeling that many consumers around the world are very familiar with today. According to Aon’s Global Financial Wellbeing Study, people are frequently dealing with various forms of debt, at the same time as they lack sufficient assets for retirement and face unexpected risks that could result in a major financial setback.
August 22, 2019
Technology
Everything You Need To Know About Ransomware
Ransomware is a piece of red-hot cyber jargon. Perhaps you heard about it when doing your office cybersecurity training, or maybe you read about it in the news.
August 21, 2019
Risk Management
Technology
Change: ‘Gradually, Then Suddenly’
The phrase “gradually, then suddenly” comes from Ernest Hemingway’s 1926 novel “The Sun Also Rises,” when Mike Campbell is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.”
August 19, 2019
Education & Training
Risk Management
Technology
Is The Entertainment Tech In Vehicles Cancelling Out The Safety Tech?
Brokers looking to give their customers any positive news on rates potentially coming down shouldn’t get their hopes up.
August 15, 2019
Auto
Technology
