Vesttoo uses AI and machine learning to forecast and price long-tail risks such as longevity, excess mortality, lapse and transfer them to the capital markets.
Risk Management
Sun Life Financial Expands Relationship with Munich Re Automation Solutions
The expanded collaboration will give access to various modules of ALLFINANZ for Sun Life advisors and clients in Canada.
HOVER Secures $60M for Property Repair 3D Mobile Imaging Platform
Led by Travelers, the round had participation from State Farm Ventures, Nationwide, Guidewire Software and other investors.
Guidewire Integration with Betterview Gives Insurers Access to Property Intelligence, Visual Analytics
Upgraded integration with Betterview will allow P&C underwriters to access and act on Betterview’s property data and aerial imagery directly in the latest versions of Guidewire PolicyCenter.
altumAI Adds Insurance Industry Veteran Peter H. Foley to Leadership Team
Foley has joined the altumAI executive leadership team with the task of building out the altumAI futureWork solution.
Swiss Re Corporate Solutions and Hitachi Partner on ‘Digital Risk’ Solutions
Initially focused on the manufacturing machinery and transport industries, the joint solution will help customers embrace AI and cutting-edge technologies while insuring them against related risks.
AIR Worldwide Releases Updated Multiple Peril Crop Insurance Model for China
The AIR MPCI Model for China employs a 10,000-year stochastic catalog that contains losses reflecting the most recent assumptions regarding policy conditions.
Understanding Customers’ Mindset Through the Six Dimensions of the ‘Insurance Cube’
While each of these factors are interconnected, evaluating a company on each of these separately can provide a useful framework to determine competitive readiness. It can also be a useful guide to help determine strategies for the future.
Hurricane Laura’s Insured Losses Estimated between $4B to $9B
The storm brought catastrophic winds, storm surge of approximately 15 feet and widespread heavy rain along the Texas and Louisiana coast.
The 7 Roles in the Insurance Industry and How They Are Changing.
The effect of these changing roles on incumbents will depend on their willingness to adjust to the changes that are already occurring due to digital transformation.