RISK SECURITY/Risk Management

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  True Flood Risk Awarded Patent for AI-Powered Flood Risk Estimator

  Staff Writer | September 27, 2021

  Will integrate technology throughout its property level flood risk assessment platform...

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  FRISS Raises $65 Million Series B Funding Led By Accel-KKR

  Staff Writer | July 28, 2021

  Funding to fuel market expansion, product innovation, and support of safe digital transformation throughout the policy lifecycle...

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  Lowers Risk Group Launches Periculus, Digital Risk and Insurance Platform for SMBs

  Staff Writer | July 15, 2021

  New platform designed to protect SMBs from digital risk by enabling them to assess, quantify, prioritize, and transfer cyber risk...

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  Electronic Chat with Ty Harris, Co-Founder, Openly Insurance

  Laura Mazzuca Toops | June 21, 2021

  Now operating in several coastal states, Openly is using advanced technology to mitigate hurricane and other cat risks...

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  Loss Control, Premium Audit Systems Critical to Customer Experience, Celent Finds

  Staff Writer | June 14, 2021

  Solutions are delivering more functionality, improving configuration tools, and are more connected...

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  Waffle Closes $5 M Total Seed Funding Round and Launches All-In-One Insurance Solution

  Staff Writer | May 20, 2021

  Consumer insurance solution is bringing top-rated nationwide coverage to all 50-states in a few clicks...

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  Origami Risk Launches Free ERM Maturity Self-Assessment Tool

  Staff Writer | May 11, 2021

  Online survey provides instant feedback on ERM status, next steps...

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  Origami Risk Expands Online Solutions for EHS Professionals

  Staff Writer | May 05, 2021

  Tech firm adds new EHS tools for job safety and hazard analyses...

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  COVID Drives More Reliance on Risk Management Systems, New Study Finds

  Staff Writer | April 20, 2021

  Risk professionals tap new tech-driven solutions to address wider range of needs, according to Redhand study...

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  Zywave Acquires Risk Management Solutions Provider Enquiron

  Staff Writer | April 16, 2021

  Enquiron’s proven engagement success, data and technology solutions will complement Zywave’s existing product portfolio and help drive ROI for...

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  eMaxx Launches Customer Centric Platform for Variable Cost Captive Programs

  Staff Writer | April 15, 2021

  Platform provides risk management, claims, and insurance resources...

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  Six Trends Shaping Digital Insurance Tech Strategies in 2021

  Staff Writer | April 12, 2021

  Ellen Carney, principal analyst at Forrester, identified six trends that will shape the insurance landscape and determine priorities in 2021...

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  Buckle Names James Camerino as Head of Strategic Partnerships

  Staff Writer | March 30, 2021

  Reinsurance-insurance leader comes to Buckle with more than three decades of experience...

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  Origami Risk Appoints James Green as Director of Risk Practices

  Staff Writer | March 16, 2021

  Green will lead development of client-focused support activities to complement the expanding applications of the firm’s risk management technology...

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  An Entirely Preventable Disaster

  Bob Frady | February 25, 2021

  Even the best risk models can’t take into account major system failures...

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  Credit Risk, ESG, Cybersecurity Top Risk Concerns for Financial Institutions, Deloitte Finds

  Staff Writer | February 10, 2021

  Biennial survey finds financial services firms moved credit risk to the top of the risk management agenda...

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  EigenRisk to Provide Global Political Violence Alerts on Cat Risk Management Platform

  Staff Writer | February 04, 2021

  New resource available through agreement with ACLED...

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  Branch Insurance Partners with ADT to Protect Home & Auto

  Staff Writer | January 28, 2021

  Branch customers using ADT get 29% discount on home and auto insurance...

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  Transverse Insurance Group Selects Cloverleaf Analytics for BI

  Staff Writer | December 09, 2020

  Transverse is a P&C insurance company specializing in program business and providing commercial and personal lines products through program...

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  Hippo Secures $350 Million Capital Investment

  Staff Writer | November 25, 2020

  Investment will fuel Hippo’s expansion and accelerate transformation of home insurance experience...

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  Gelato with Dots and Sprinkles

  Marty Ellingsworth | October 13, 2020

  Gelato is great. Gelato with sprinkles is even better. Celent's Marty Ellingsworth continues his look at new and improved risk analytics...

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  Beyond Insurance and TrustLayer Announce New Strategic Partnership to Provide BIGN Members with Access to Risk Management Platform

  Staff Writer | October 06, 2020

  BIGN members can combine their professional risk transfer expertise to provide best-in-class, value-added services...

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  Sapiens Partners with GreenRoad Technologies to Improve Driver Safety & Personalize Driver Insurance Premiums

  Staff Writer | September 24, 2020

  Partnership enables auto insurers to excel through digital transformation, customer-centric services, and joint risk-prevention solutions...

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  Aclaimant Raises $10 mil in Series A Financing

  Staff Writer | June 29, 2020

  Workflow platform for safety and risk management plans aggressive growth in partnerships and product development...

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  Milliman Wins 3 InsuranceERM Americas Awards for Insurtech Products and Risk Consulting Services

  Staff Writer | June 25, 2020

  Milliman consultants win "Risk Team of the Year," insurtech product Nodal named "Analytics Solution of the Year" and Milliman's Arius Enterprise wins...

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  The Detection Group Receives FM Approval for Trident™ Wireless Water Leak Detection System

  Staff Writer | June 18, 2020

  The Detection Group’s Trident Wireless Water Leak Detection System, is the first company to receive the FM Approvals’ certification mark for a...

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  FRISS Partners with eviid to Help Prevent Fraud

  Staff Writer | May 20, 2020

  FRISS, provider of AI powered risk and fraud solutions to P&C insurers, announced their partnership with eviid, leading provider of innovative...

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  Seguros SURA Colombia first customer to leverage the benefits of FRISS Guidewire Accelerator for integrated fraud detection

  Bill Sinn | June 17, 2019

  FRISS Fraud Detection at Claims accelerator offers integrated solution with Guidewire ClaimCenter; easy to download, implement, and use within...

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  FRISS and omni:us supercharging insurance with AI

  Bill Sinn | June 12, 2019

  FRISS, the worldwide provider of AI-powered fraud and risk solutions for the P&C insurance industry, today announced their partnership with omni:us, a...

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  Greek insurance company Eurolife ERB Wins at IMPACT Bite Awards 2019 with FRISS for Automated Fraud Prevention

  Bill Sinn | June 13, 2019

  Eurolife ERB, a Fairfax company, has won the IMPACT BITE (Business IT Excellence) Awards 2019 in the category IT Business Process Improvement, for its...

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  Nationwide Joins Construction Leaders to Prevent Most Common and Costly Causes of Claims

  Bill Sinn | May 03, 2019

  Modifying business model and providing valuable Loss Control resources...

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  Pacífico Seguros first Peruvian insurer to select FRISS for automated claims fraud analytics

  Bill Sinn | April 25, 2019

  Peruvian insurer Pacífico Seguros selected FRISS, the global provider of fraud and risk software solutions for the P&C insurance industry, to automate...

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  Introducing Slice Mind

  Bill Sinn | March 28, 2019

  Slice Mind products designed to predict insurance risk and make recommendations...

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  Insurtech AI Leader Betterview Appoints Dan Shoham, PhD, as Chief Science Officer

  Bill Sinn | March 21, 2019

  “Betterview’s New Chief Science Officer Dr. Dan Shoham will Lead Betterview’s Predictive Analytics and Computer Vision Teams...

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  David Fisher joins FRISS board as non-executive member

  Bill Sinn | February 13, 2019

  Today FRISS, the global provider of fraud and risk solutions for the P&C insurance industry, announced that David Fisher has joined their board as a...

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  Five Things to Consider When Evaluating Your Cyber Risk

  Jennifer Dumont | February 07, 2019

  Whether your company is private, non-profit or public, all types of businesses are at risk. Here are some basic tips on how to evaluate your cyber...

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  AVYST Welcomes Kitty Ambers as Chief Growth Officer

  Bill Sinn | January 14, 2019

  Focused on Insuretech's Growth in the Independent Agent Channel...

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  Nearly 50% of US Insurers Are Enhancing Security Capabilities Across the Board, Says Novarica

  Bill Sinn | January 08, 2019

  IT security consumes more than 10% of insurer IT budgets and even more management bandwidth, according to a new report, IT Security Update 2019, from...

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  At Year End 2017, Will Your Organization Be Protected from Cyber Risks?

  Keith Daniels | December 13, 2017

  We are approaching one of the busiest seasons, not just for the Holidays, but for new business and renewals in the specialty lines insurance...

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  Vertafore Acquires Data Analytics Firm RiskMatch

  Staff Writer | April 25, 2017

  Vertafore announces the acquisition of RiskMatch, a business intelligence and analytics company that provides portfolio management and placement...

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  ERM Prepares Carriers for (Almost) Everything

  Michael P. Voelker | November 10, 2016

  For insurers, the journey to enterprise risk management can lead not just to compliance, but competitive advantage...

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  Location, Inc. Index Helps Insurers Assess Structure Fire Risk

  Staff Writer | February 01, 2016

  Location, Inc., a provider of location-based data and tools used by corporations for risk analysis, has introduced a new risk index to help insurers...

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  Social Intelligence, LexisNexis Risk Solutions Expand Relationship

  Staff Writer | January 29, 2016

  Social Intelligence and LexisNexis Risk Solutions announce an expanded relationship...

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  Managing Risk Through Data-Driven Strategy a Game-Changer for Insurers

  Michael P. Voelker | December 04, 2015

  In the fast-paced, high-stakes insurance world, companies can’t afford leaving their future to chance. Identifying and managing fundamental threats to...

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  Pick Your Poison: Plenty of Risks for Carriers Today

  Bill Jenkins | October 16, 2015

  Insurers face risk every day: financial risk, market risk, natural disaster risk. No part of the organization is immune...

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  Verisk Adds Hazard Scoring to Commercial Property Surveys

  Staff Writer | August 10, 2015

  Verisk Insurance Solutions announces that the Relative Hazard Percentile is now provided on all field surveys performed by the company...

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  Oceanwide Tool Assesses Cyber Risks

  Staff Writer | June 19, 2015

  Oceanwide announces the availability of the company’s new Cyber Risk Assessment Tool, which will help insurers identify and mitigate company-specific...

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  Risk Management Focus Has Flipped Since Bubble Burst

  Nicholas Michellod | May 12, 2015

  The insurance industry has faced difficult times following the collapse of the subprime bubble back in 2008...

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  Verisk Expands Wildfire Risk Management Service to Three New States

  Staff Writer | May 04, 2015

  Verisk Insurance Solutions announces the addition of Montana, Oklahoma, and Wyoming to its FireLine wildfire risk management service...

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  Social Intelligence Launches Social Media Risk Scoring for Insurers

  Staff Writer | April 28, 2015

  Social Intelligence, a provider of social media risk assessment tools and data, announced the launch of its Social Media Risk Scoring solution for P&C...

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  Managing Risk Continues to Evolve for Insurance Carriers

  Mitchell Wein | April 27, 2015

  Insurers have been in the business of managing risk exposure and pricing to cover risk since insurance evolved as an industry over 500 years ago...

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  LexisNexis Launches Fraud Defense Network

  Staff Writer | November 17, 2014

  LexisNexis Risk Solutions announces the launch of the LexisNexis Fraud Defense Network, an alliance that seeks to link organizations across all...

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  Verisk Incorporates By-Peril Ratings into Rating, Underwriting Process

  Staff Writer | November 14, 2014

  Verisk Insurance Solutions - Underwriting announces the availability of property-specific by-peril rating data from the ISO Risk Analyzer Homeowners...

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  ISO Analytics Tool Measures Geographic Personal Auto Risks

  Staff Writer | October 09, 2014

  ISO announces the release of its ISO Risk Analyzer Personal Auto Environmental Module, a predictive analytics tool insurers can use to improve...

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  Solution Providers Abandoned the IKEA Approach

  Robert Regis Hyle | September 23, 2014

  Have you shopped much at IKEA? The prices are great and the furniture looks good in a practical sort of way. The bigger challenge, at least for guys...

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  West Bend Mutual Chooses Sapiens Reinsurance Solution

  Staff Writer | July 15, 2014

  Sapiens International Corporation announces that Wisconsin-based West Bend Mutual Insurance has selected the Sapiens Reinsurance solution. The Sapiens...

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  SunGard Launches Risk Modelling Solution for P&C

  Staff Writer | June 30, 2014

  SunGard has launched its iWorks Prophet GI solution to help general/property & casualty (P&C) insurers manage the complexity of risk modelling...

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  Failing to Plan is an Insurer's Biggest Risk

  Oscar Lewis | June 23, 2014

  Independent studies have shown that most small- and medium-size enterprises do not devote enough time to the planning process. Time constraints, lack...

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  AMIS, Selects SunGard’s iWorks Prophet for Testing Solvency Risk Model

  Staff Writer | June 17, 2014

  As part of Mexico’s implementation of a risk-based insurance solvency system, the Mexican Association of Insurance Institutions (AMIS) has chosen...

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  High and Dry: Insurers Search for Disaster Recovery Plans

  Michael P. Voelker | June 04, 2014

  It was strangely appropriate—albeit very annoying—that in the midst of working on an article dealing with disaster recovery, I suffered a random...

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  It’s the Time of the Season

  Robert Regis Hyle | May 27, 2014

  Most people look forward to the start of a new season, unless, of course, it’s storm season and you are an insurance carrier. We’re just four days...

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  Risks Abound, Now Manage Them

  Steve Callahan | April 28, 2014

  The heart of risk management consists of identifying and analyzing exposures and then taking the necessary steps to minimize risk...

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  J'accuse: When Insurance Carriers, Vendors Disagree

  George Grieve | April 25, 2014

  Last year I participated in a new and different play—the final act between carrier and vendor—a legal proceeding. This project had gone so wrong that...

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  Mobile Device Management Just One Answer to BYOD Issue

  Martin Gillespie | April 04, 2014

  Over the past decade, the bring-your-own-device (BYOD) concept has become popular with insurance organizations and employees alike. Finding the...

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  Organization is the Key for Selecting Software Vendors

  Larry Fortin | February 12, 2014

  An inside look at how one insurance IT manager goes about the difficult task of keeping existing systems humming while searching for new software...

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  Finding the Cure for Obamacare’s Website

  George Grieve | February 12, 2014

  The rush to implement the national healthcare website proved once again the danger of rushing a project before it has been tested thoroughly...

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  New App from XL Group Improves View of Complex Risks

  Staff Writer | February 10, 2014

  XL Group’s insurance risk engineers are now using a new app designed for the company to transform how property loss prevention services and risk...

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