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MIS Now Tracking Hailstorm Events

25 January 2023 alastair walker 0

Geospatial intelligence leader, McKenzie Intelligence Services (MIS), has launched a new peril, Hail, within its award-winning platform, Global Events Observer (GEO), to accelerate incident and claims responses following hailstorm events. Rosina Smith, Chief Product Officer of MIS, […]

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Global insurance trends

Low Take-Up on Flood Cover Minimises Losses in California

25 January 2023 alastair walker 0

Moody’s RMS®, the leading global catastrophe risk modeling and solutions company, estimates total U.S. economic losses from the recent California flooding at US$5-7 billion. This estimate reflects inland flood impacts for the U.S. and includes damage […]

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Previsico Connects With Meteosat, Enhancing Mapping Capability

6 January 2023 alastair walker 0

Previsico, the live flood alert InsurTech, is set to connect with the new Meteosat Third Generation satellite system, revolutionary for the rapid detection and nowcasting of severe weather events. This will enable Previsico to deliver […]

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Car Glass Claims Keep Falling, Says Auto Windscreens

25 November 2022 alastair walker 0

Some useful claims/risk data for you; UK windscreen repair and replacement company Auto Windscreens has seen body glass claims halve since 2011. James Reynolds, Auto Windscreens’ Commercial and Sales Director, commented: “Body glass claims now make […]

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Insurance claims

Bdeo Offers Visual Intel on Vehicle Accident Damage

19 November 2022 alastair walker 0

One of the big problems in speeding up live claims in the commercial vehicle sector is getting the damage accurately estimated, parts priced up and the right specialist repair shop organised. So any way that […]

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Insurance claims

RMS Offers Hurricane Nicole Damage Estimates

17 November 2022 alastair walker 0

 RMS®, a Moody’s Analytics company and a world-leading risk modeling and solutions company, estimates total private market U.S. insured losses from Hurricane Nicole to be less than US$2 billion, with the best estimate of US$1.6 billion. […]

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Global insurance trends

Elpha Secure Partners With CyberCube

14 November 2022 alastair walker 0

Elpha Secure, the cyber managing general agent (MGA) bringing a radical new approach to cyber insurance, is to use two of CyberCube’s new generation of cyber risk analytics tools. The New York-based MGA has licensed CyberCube’s Portfolio Manager platform and […]

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News

Storm Nicole Could Get Nasty, Warns RMS

9 November 2022 alastair walker 0

RMS sent us a heads up on a potential hurricane level event which is on the horizon near Florida. Currently a storm, it seems to be gathering some intensity. Here’s the word; As it continues […]

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