Xceedance’s services will support disciplined underwriting and furnish ongoing, market-relevant information in support of Extraordinary Re’s insurance contracts platform.
Risk Management
2-Minute Q&A #7: Enterprise Risk Management
ERM is about viewing the various levels of an insurer and building an informative risk profile to determine how much risk an organization is facing in order to determine the best use of capital.
AXA XL Launches Environmental Ecosystem to Help Clients Mitigate Risk
Building on the success of the firm’s Construction Ecosystem, the new Ecosystem helps clients adopt new technology solutions to proactively mitigate business risk.
DeNexus Launches V4.0 of DeRISK Platform to Quantify Cyber Risk
The solution provides evidence-based authentic and transparent data to let companies measure the financial impact of cyber risks on their business.
Franklin Mutual Partners with vipHomeLink to Offer Policyholders Prevention Solution
FMI will offer all of its homeowners policyholders a digital home management and claim prevention solution called FMI HomeAssist, powered by vipHomeLink.
Vesttoo Raises $15M in Round Led by Mouro Capital
The new capital, raised with Participation from MS&AD, will drive expansion of Vesttoo’s Insurance-Linked Program (ILP) offering, a security-based investment portfolio.
Corvus Insurance Selects CyberCube Portfolio Manager
The InsurTech MGA will also use CyberCube’s Single Point of Failure (SPoF) model and Attritional Loss model as it seeks to grow its business.
Roost Adds Smoke Alarm Notification to Protection360 Commercial Property Solution
The service uses a sensor that detects the sound of a smoke alarm and provides notification of a potential fire to property manager as well as 24/7 monitoring center.
Xceedance Launches On-Demand Services in North America
Divided into agent and broker services, CAT modeling services, and claims services, the new offering provides an a la carte option for insurers needing critical support with minimal ramp-up time.
Celina Insurance Group Deploys Majesco’s Utilant Loss Control 360
The solution, implemented within 10 months, will enable the Ohio-based insurance group to collect survey data on risks digitally, rather than in person, saving time and resources.