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.
Risk Management
Hippo Acquires Sheltr, Expands Proactive Suite of Offerings
Hippo will leverage the acquisition to expand its services to include protective home maintenance, starting with home wellness checkups.
Nationwide Adopts Betterview for Commercial Property Underwriting
The insurer has signed a three-year agreement to use the vendor’s proprietary computer vision and machine learning technologies.
Church Mutual Adopts Roost’s New Protection360 Loss Prevention Service
The insurer is the first to provide its members with the new commercial grade Roost Protection360 Service with 24/7 alert and verification of water leak, freeze and power outage.
AIR Worldwide Releases Multi-Peril Crop Insurance Model for India
The model supports probabilistic assessments of potential losses caused by yield shortfalls for 11 major crops across the two main India crop-growing seasons.
Guidewire Announces New Data Model for Cyber Risk Management
The new ransomware event modeling capability in Cyence for Cyber Risk Management aims at helping insurers accurately underwrite in an evolving cyber landscape.
Insurers Transition from Data Collectors to Savvy Data Consumers
Insurers are navigating a changing risk market must be prudent in assessing the data sources they rely on and identify the right tools to enhance their analytics capabilities.
AI and New Technology Adoption in Commercial Lines and Workers Comp
Insurance carriers that are able to anticipate change and incorporate it into their data collection and transaction processing early will benefit from better outcomes of machine learning and artificial intelligence algorithms.
Liberty Mutual GRS CIO: The Digital Persona in Commercial Insurance
John Heveran talks about Liberty Mutual Global Risk Solutions’ work with partner DMI to make commercial insurance customer-centric through the use of digital personas.
How EMC Insurance Companies Engages Profitably with InsurTechs
A conversation with Jason Gross, Vice President of Innovation at EMC Companies about how the carrier interacts successfully with startups, participating in the InsurTech movement in a manner comparable to a national carrier.