Risk

Startups and their carrier and venture capital partners are looking to cooperate to transform the insurance industry, not simply 'disrupt,' says panel.

Nearly one-third of all data breaches in 2017 were due to internal sources, according to insider threat management company ObserveIT.

A increasingly digital – and ever-warmer – world is having an impact on how insurance companies identify and price risk.

The insurtech will collect data on driver smartphone interaction, which will be analyzed to predict future underwriting losses.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

The business unit, created last year, leverages data science and extensive third-party data to price small business risk.

Reinsurer partners with Mobileye to install vision-based sensors on vehicles.

With more powerful tools on the way, new technologies are already improving hurricane risk and claims management.

Brokers warn low portions of Harvey’s costs will be covered by insurers because regular homeowners’ policies don’t include flood damage.

Commercial insurer will deploy the vendor's analytics platform to fleet and transportation drivers via mobile apps.