Data security

Modeling firm looks to a more comprehensive use of exposure data and analytics in an attempt to improve workflows.

The eighth tropical storm of the season could become its first hurricane by Wednesday; if it doesn’t, it will be the first time the industry hasn’t seen a hurricane hit land by mid-September.

The Montpelier Risk Institute is partnering with researchers from Canada and Europe in an attempt to keep up with evolving risks, such as climate change.

Some of the same data analysis technologies being used by Western governments are cheap enough to be employed by financial services companies as well.

TransRe, a global reinsurer has selected MetricStream’s federated information architecture, which is designed to support the full range of risk and compliance processes, enable multiple reporting facilities and link to existing enterprise.

Software designed to help address cost barriers created by the high costs of in-car telematics devices.

SmartUBI software designed to offer a smartphone app backed by cloud-based analytics technology.

Suite designed to allow life/annuity insurers to address redundancies in data and functionality.

Dimensions is designed to provide accuracy in assessing consumer credit activity and supplement lending decisions.

Trōv partners with several insurance brokers to push its mobile app, which aims to keep insurers informed about the changing values of insured items.

Industry organizations assert their support for the Terrorism Risk Insurance Act at the National Association of Insurance Commissioners' Summer National Meeting.

The Union of Concerned Scientists issue a list of suggested revisions in light of increasing costs and risks.

Version 14 of RQE includes updates to financial and country/peril models, workflow and integration.

Expectations of extreme activity scaled back slightly, however

While vendors are optimistic about revenue growth over the next few years, a new report from Aite Group urges them to do a better job of aligning with P&C carrier needs.

Updated models designed to include multiple price volatility catalogs and the ability to modify industry premiums by adjusting default values.

Composite rates for P&C, personal lines and other individual categories decline in the absence of CAT events

The vast majority of financial institutions do not believe their data technology is very effective, according to a global risk survey from Deloitte.

By a wide margin, California led in luxury car thefts from 2009 to 2012, according to the National Insurance Crime Bureau.

Steven Zabel, former SVP of long-term care insurance, CFO of insurance products and SVP of audit for Genworth, will oversee Unum's enterprise risk management program.