Global insurance trends

State Farm Partners With Ford on Data Driven Cover

Can a manufacturer branded insurance offer work? In some cases yes, Tesla being a very good example. Here’s some news from State Farm in the US, who have partnered with Ford. One crucial detail as […]

News

European Flood Insurers Step Up After Severe Weather Event

Severe flooding in Germany, Belgium the Netherlands and elsewhere has prompted rapid action from insurers. The German GDV insurer association said the events may prove to be one of the most expensive natural catastrophes of […]

cyber insurance

Colonial Pipeline Cyber Attack Highlights Growing Risk

Fact is, regardless of the pandemic, some bad people are out there trying to wreck companies and hold entire countries to ransom using cyber attacks that cripple infrastructure. The estimated economic cost of cyber-crime exceeds […]

Technology

Geneva Association Report Looks at Cyber Risks

Many insurers and brokers are expecting demand for cyber insurance to increase this year. Now, a new report by The Geneva Association and the International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP), Mapping a Path to Cyber Attribution Consensus. […]

Global insurance trends

US News: Vertafore Teams Up With State Auto & Leavitt Group

Vertafore has announced that State Automobile Mutual Insurance Company (State Auto) and Leavitt Group are the latest industry partners to join its Commercial Submissions™ platform to drive innovation in market connectivity. Commercial Submissions connects the end-insured, […]

Big Data

More Data Is Good, But Making Sense Of It Is Even Better

 State Street Corporation has released new research that revealed the vast majority (91 percent) of insurance professionals believe they are facing increased complexity in their organisation’s use of data to improve their operating models and infrastructure. […]