The investment round will fuel the company’s global expansion and be used further strengthen its LossControl360 platform to leverage artificial intelligence and data analytics.
The company’s combination of risk mitigation and accelerated recovery enables insurance carriers to handle cyber insurance policy quoting at scale and serve small-and-medium-size enterprises.
Corax provides accurate cyber security insights about organizations and offers a cyber “hygiene” score to improve the cyber security profile of the organization.
With a complete data migration, the 15-month implementation provided the insurer with new automation opportunities and stringent control systems between departments.
Riskonnect will provide the insurer with a strategic solution to improve visibility into its enterprise risks, as well as an actionable approach to managing them.
The risk, capital and strategic advisor to the global insurance and reinsurance industries will use AIR’s Analytics of Risk from Cyber, to better understand clients’ exposure to cyber loss.
The New York-based mutual life insurer is moving the majority of its workloads to AWS to reduce its data center footprint as it drives business transformation, operational efficiency, and innovation.
The deal enables USI to expand commercial, employee benefit and personal risk presence in Mid-Atlantic region.
Chris Bassett discussed the history of platform business models as a prelude to a discussion of the Insurwave marine insurance blockchain launched in May 2018.
Version 7.0 of the company’s software now includes new Grid-as-a-Service functionality, allowing clients to access processing power via the cloud.