RISK SECURITY/Risk Management
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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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INSURANCE IT NEWS
- Electronic Chat with Eugenio Gonzalez, Plug and Play
- Nexilis’ Distribution Platform Selected by W.H. Greene and Associates to Drive Underwriting Transformation
- Breeze Adds Critical Illness Insurance to Digital Platform, Growing Partnership with Assurity Life
- Buckle Appoints Sharon Fernandez to Head of Insurance
- InsurTech NY Announces Global Early-Stage Insurtech Competition
- Altshuler Shaham Selects Sapiens for the Operation and Automation of its Provident and Pension Funds
- NetVU Announces Plans for 2021 Accelerate Conference
- Openly Secures $40M in Series B Funding Round to Accelerate Rapid Growth
ELECTRONIC CHAT
The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.
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Electronic Chat with Ellen Moser, Senior Client Executive, Origami Risk LLC
Laura Mazzuca Toops
Last month Origami rolled out new online tools enabling employers to track employee COVID-19 vaccinations and monitor outbreaks... READ MORE
ITA LIVE 2020
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BLOGS AND COLUMNS
only online
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Down Market Opportunities Beckon Benefits Insurers
You have surely heard it said that small businesses are the growth engine for America. Today, the phrase has a special ring to it for benefits... READ MORE
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Technology at the Heart of Change in Insurance
With stagnant growth and lingering low interest rates, the life insurance industry faces a challenging future... READ MORE
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Got Policies? IVANS Service Helps Feed Commercial Lines Producers
Finding insurance carriers willing to write commercial lines risks has always been a challenge for producers... READ MORE
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Technology Changes Coming Faster than Ever for Insurers
As Guidewire Software prepares for the start of Connections, its 11th annual user conference that begins on Nov. 2, Brian Desmond, chief marketing... READ MORE
Vendor Views
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Sink or Swim: A Mid-Term View of Virus Impact
COVID-19 has said to insurers, “It’s time to move... READ MORE
- Vendor Views
Partner News
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Big Data and Insurtech: A Carrier Perspective
Insurance has always relied on large volumes of data to gauge customer behavior and more. But as big data has gotten bigger, insurtech has empowered... READ MORE
- Partner News