Technology

Fathom & Reask Team Up on Cat Event Risk Modelling

A new strategic partnership aims to provide insurers, banks and ESG-focused investors with an unparalleled view of risk data on the combined impact of flood and wind events (hurricanes, tropical cyclones and typhoons). Fathom, a […]

InsureTech

Deals: CyberCube Partners With URS on Modelling

Leading cyber risk analytics company CyberCube is to partner with Ultimate Risk Solutions (URS), a provider of actuarial capital modeling to the insurance and reinsurance sectors. The partnership will see URS integrate CyberCube’s Portfolio Manager model outputs with […]

News

RMS Offers Estimates on Recent Storm Damage Costs

RMS®, a world leading risk modeling and solutions company, estimates that insured losses from Windstorms Dudley and Eunice, also known respectively as Ylenia and Zeynep, will likely fall between 3.0 and 4.5 billion Euro (US$3.4 and US$5.1 […]

InsureTech

Reask Closes Seedrs Round with Tencent Leading The Way

InsurTech Reask, a leading science and technology company focusing on natural hazard modelling, announces it has closed its seed funding round, led by Tencent, the global technology giant headquartered in China. The funding will support […]

Flood Insurance

Flood Modelling Company Gets Funding From Moody’s

Tech-focused investment bank ICON Corporate Finance has acted as exclusive financial adviser to Fathom, the world-leading global flood modelling business, on its strategic investment from US ratings giant Moody’s. The investment supports Fathom’s aim of […]

News

Gallagher Re Launches Risk Analytics & Pricing System

Gallagher Re, the global reinsurance broker, has today unveiled Gallagher Automated Insurance Analytics (GAIA) – a proprietary and ground-breaking, single, scalable, automated analytics platform. GAIA will provide multiple benefits for clients and markets through the […]

News

Climate X Raises $1.5m Pre-Seed Capital

Climate X, a London-based purpose-driven startup, has completed its pre-seed raise of $1.5M – ushering in a new era of climate intelligence that will help businesses, governments and individuals around the world build a stronger, […]

Global insurance trends

Willis Towers Watson Report Looks at Wildfire Risks

The Nature Conservancy and Willis Towers Watson has published analysis that shows how ecological forest management, which reduces the risk of severe wildfires in fire-adapted forests, can be combined with insurance and significantly reduce insurance […]