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The coronavirus outbreak is impacting the cyber risk landscape, with reports of maritime and offshore energy companies having faced a 400% increase in attempted cyber-attacks since the pandemic began.

Toronto-based company recently raised $3.5 million in seed funding for commercial insurance platform.

The decline in commuting will remove 14 million cars from U.S. roads, the KPMG study forecasts.

You can think of it as two new endorsements that wrap around the traditional workers compensation coverage.

The new product operates in largely the same way as the company's signature offerings.

Also: Mercury Insurance launches Texas UBI, Haven Life to integrate Insuritas

The focus of investment is going to transition in a way that reflects a new phase of development for the insurtech space.

The retail giant is looking to hire Medicare insurance agents to get the new venture off the ground.

When coronavirus began causing many small businesses to view annual liability policies as burdensome, Hiscox hatched the distribution pilot idea to gauge appetite for short-term coverage.

Many insurers miss out on the full benefits of transformation programs for key reasons.

Agents who aim to become a true “digital powerhouse” should focus their attention in two key areas: digital marketing and streamlined self-service.

The data types that firms perceive as adding the most value to the business include pre-fill data from third-party vendors, images from cameras and smartphones, PDFs of all sorts of data, and customer segmentation.

People buy insurance for peace of mind, and there are steps insurers can take to help further ease customers’ minds during this difficult time.

Also: How insurtech Skywatch.ai worked with Google, and Foxquilt looks to expand.

The sharing economy and pandemic-reduced driving volume are raising consumer interest in UBI.

Computer vision helps us turn the vast amount of geospatial imagery generated by satellite, reconnaissance planes, and drones into geospatial intelligence to be used in risk assessment, loss prevention, risk management, and product innovation.

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

Partnership with HSB helping in de-risking expensive collections.

Company partnered with Assurant Life to launch product targeting freelancers and gig-economy workers.

Shares of the company opened at $50.06 and rose as high as $53.96 in New York trading Thursday.