This model serves to capture the effects of earthquake-induced ground shaking and liquefaction on risks located in continental Australia and the island of Tasmania.
The pandemic hasn’t slowed the pace of insurance innovation, but the insurance technology community’s largest in-person event has adapted to serve its global participants during a time of restricted travel.
The models help insurers and reinsurers enhance their risk management and have a unified and comprehensive view of flood risk across the U.S. for all property lines of business.
EMC Insurance and Next Level Ventures contributed $2.5 million, with other existing and new investors contributing the remaining $1.5 million.
CNA is accessing Touchstone in the AIR Cloud as a secure and cost-efficient alternative to on-premise deployment.
While COVID outbreak is of immediate urgency, insurers also must make sure to be prepared to climate-related with robust, comprehensive risk management practices.
The precision offered by building-based geocoding that leverages new, transformational technologies can produce variations in results that are dramatic.
Founded in 2014, MMV now has raised three $100 million funds for North American and two totaling $150 million in Asia. Doug Russell talks about the firm’s approach and successes.
The current round, which brings total capital raised to $17,000, was led by ManchesterStory, with participation from EMC Insurance Companies, MaidenRe and other original investors.
The alliance will allow building science testing from IBHS’s research center to be scaled across millions of homes and businesses.