Facial recognition software promises ‘passport match’ for product applications
The technology can recognise potential tampering or anomalies on official documents from over 200 countries... [...]
News
Flood insurance scheme needs more resilient repairs says BIBA
BIBA will make a number of calls on the All Party Parliamentary Group on Flood Prevention to improve flood resilience [...]
Report says $11bn annual lightening strikes match hurricane losses in U.S
The report was written to increase understanding of the impact of ENSO on tornado and hail frequencies, and to introduce the concept of ENSO-conditioned event rates. [...]
Lloyd’s push for primary drone legislation in UK
The Lloyd's Market Association suggested that the introduction of primary legislation would be necessary in order to align the regulation of drone operation with those of manned aircraft [...]
Qatar Re rolls out Adsensa document analysis software
Rather than physically reviewing a 90-page policy line by line, Match instantly highlights a clause or word added or removed, allowing underwriters to apply their judgement to the renewal [...]
Allianz sponsors global drone racing series
The partnership will enable Allianz to connect with consumers of the fast-growing drone industry, while reminding customers of its increasing use of the technology in regards to property claims assessment and agriculture insurance. [...]
Put brakes on insurance premium tax say UK brokers
BIBA's 2017 manifesto launch came the day before Prime Minister Theresa May was due to deliver her latest Brexit speech [...]
Western (re)insurance markets now losing 10% to new Russian NRC
No case of non-payment of reinsurance indemnity due to sanctions clauses has been reported since the end of 2014. Nevertheless, Russia's central bank is now attempting to counter these effects with the creation of the NRC. [...]
