Data security

With less than three months until 2014 and Congress’ hands full elsewhere, insurers, particularly workers’ comp and commercial casualty insurers, should be devising plans to handle added terrorism risk exposure.

New version of Financial Crime Risk Management platform is designed to support automated generation of suspicious activity reports.

An influx of alternative capital is driving down property rates, according to Willis Group Holdings; many commercial casualty lines of business likely to experience rate increases.

Program for complex health care claims designed to unite underwriting capabilities with preferred medical professionals and health care advisors.

New division aims to alleviate growing environmental and climate risks through an increased focus on analytics and data science.

New insurance product is designed to cover costs incurred to manage a business crisis, including the fees of a crisis management consulting firm.

Preconditions do not yet exist, according to Celent report, including regulatory structure and customer demand.

Trôv’s technology and processes are designed to offer transparency into the value of insured items.

Guy Carpenter says enhanced risk modeling is important for insurers seeking growth in emerging markets.

ISO expands predictive analytics offerings with software designed to incorporate property-specific features into segmenting and rating process.

As costs, regulatory and technological inhibitors fall away, insurance industry laggards could face threat from mispricing, according to recent Aite Group report.

Upgrades to the risk monitoring software are designed to strengthen investment compliance checks and provide users with an improved interface.

Insurers are developing the technology to embed actuarial tools into an integrated risk and finance architecture, according to a recent report from Accenture.

With the acquisition of the geographic risk technology company, LexisNexis picks up software to complement its data, analytics and linking capabilities.

Executives responding to a recent Accenture survey report shortages of talent in a number of areas, including risk business and data analytics, risk technologists and regulatory change program management.

Swiss Re’s global ranking highlights the threat of earthquakes and flooding to growing population centers in Asia, home to eight of the 10 most at-risk cities.

The two most exposed cities are earthquake-prone urban centers along the West Coast, according to a new report from Swiss Re. The study takes into account population and exposure to five natural catastrophes, including storm surges, earthquakes and more.

Company’s research finds 85 percent of insurers would decline terrorism coverage without government backing.

The flooding has caused 15 Colorado counties to declare a state of emergency, including Boulder, which President Obama has opened up to federal assistance.

New claim functionality designed to provide a fraud score and help insurers reduce fraud costs.