Å˽ðÁ«´«Ã½Ó³»­

Technology, Internet News

Tech Update: WTW, Riskonnect Launch Risk Diagnostic Tool for Workers’ Comp

Å˽ðÁ«´«Ã½Ó³»­ broker WTW has formed a partnership with Riskonnect to pilot an analytical delivery tool that connects claims and exposure data through its new offering WTW Risk IQ API (application programming interface). The collaboration between Riskonnect and WTW offers clients …

Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions

Å˽ðÁ«´«Ã½Ó³»­ broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities to re/insurance underwriters. The software update has also added new business lines including U.S. Financial lines and Cyber, as well …

Viewpoint: Å˽ðÁ«´«Ã½Ó³»­ Sector Adopts Easy-to-Use Technology for Digital Transformations

Upgrading or changing legacy platforms and enterprise software can be a nightmare to disentangle, particularly when dealing with existing operating systems, data storage, and payment processing software. When planning an upgrade, there have historically only been two options: Buy pre-made …

Tech Update: Sayata Risk Engine Flags High-Risk Accounts With AI; Canopy Connect and Hawksoft Launch Integration to Eliminate Data Entry for Agents

Sayata Unveils AI-Powered Risk Engine That Flags High-Risk Accounts Sayata has launched the Sayata Risk Engine, an AI-powered platform that uses sophisticated AI to flag specific high-risk accounts expected to drive up loss ratios. Sayata’s Risk Engine’s SmartExtrapolation technology uses …

Tech Update: Verisk Launches Next Generation Catastrophe Models

Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help insurers and reinsurers evaluate risk across the globe, …

Viewpoint: US E&S Sector Is Booming…But Is it Too Much Business to Handle?

Executive Summary: Specialty insurance has experienced significant growth in recent years. Greg Gaydos, senior business development executive at Zywave, looks at the reasons and advises how to best take advantage of its wealth of opportunities. The excess and surplus lines …

Tech Update: Vertafore Delivers Policy Binding in its Personal Lines Rater; Amwins’ Online Marketplace Provides Bindable Quotes From Multiple Carriers

Vertafore Delivers Policy Binding in Personal Lines Rater Vertafore, headquartered in Denver, launched the industry’s first bind capability within a personal lines rater. Vertafore’s personal lines rating and quoting platform, PL Rating, enables independent agencies to quickly find and bind …

Tech Update: Aon Launches Climate Risk Monitor to Aid Risk Mgmt, Renewal Decisions

Å˽ðÁ«´«Ã½Ó³»­ broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures to physical climate risk in order to enable better business decisions. The property insurance market is increasingly influenced by climate-related …

Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership

Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing solutions. According to a press release, Chubb policyholders in the U.S. and …

Tech Update: Hiscox London Mkt, Google Collaborate to Boost Underwriting With AI

Hiscox, the specialist global insurer, has collaborated with Google Cloud to create the first AI-enhanced lead underwriting model in the London market insurance industry. The collaboration combines Hiscox London Market’s recently built technology platform, Hiscox AI Laboratories (Hailo) with Google …