Risk

While information on customers is readily available, danger scenarios are also changing rapidly, says insurer's personal insurance leader.

The commercial insurance broker's pilot, in partnership with IBM and ACORD, is the second such initiative in the P&C sector.

ParaZero’s drone safety software, SafeAir, serves as a failsafe system for malfunctioning unmanned aircraft vehicles.

Despite a harrowing surge in traffic fatalities, drivers appear to be getting worse at avoiding mobile-phone distractions, study finds.

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.

The division of XL Catlin, whose insurtech portfolio includes smart-device company Notion, seeks exceptional management teams in its ventures.

Startup Crop Pro Insurance plans to help growers minimize risk using digital data and technology.

New Jersey insurer becomes the organization's 50th industry sponsor in hopes of forging new relationships with up-and-coming startups.

The new platform, FIeld Insights, is available to policyholders on mobile app and web portal.

David Firstenberg assumes the role after five years as CEO of Canal Insurance Company.

Insurer's new system, TREO, simplifies claims by providing more data and analysis.