A significant economic downturn will hurt P&C insurers’ financial results, and when P&C insurers’ finances decline sharply, there is an impact on their technology spend.
The app establishes a central command center to safeguard the health and safety of employees, tracking health status, location, travel history and any COVID-19 incident details.
How European insurers are weathering the COVID-19 crisis, and five lessons learned for the benefit of markets that are yet to feel the full force of the pandemic.
Case numbers are growing in the United States as testing is expanding, with 3,536 confirmed cases and 58 deaths from the disease.
The insurer will be able to collect data for a behavior-based score, make recommendations to improve driving, and offer drivers credits for premium discounts.
Farmers Group is among the investors and clients of the Extended Reality (XR)-based training technology vendor, whose total funding now stands at $20 million.
With RiskInsight platform, Guy Carpenter has the ability to build and benchmark client portfolios, develop proprietary custom models and more deeply analyze risk.
The partnership provides an end-to-end solution for the insurance industry to effectively quantify cyber risk as a core pillar of the cyber insurance underwriting process.
Ryu reflects on Guidewire’s history, his new role as chairman, what Mike Rosenbaum brings as CEO, and what the future of the insurance industry may hold.
The specialty insurer will use CyberCube’s Portfolio Manager to stress test its book of commercial business against a range of cyber-related catastrophe scenarios.