InsureTech

ZestyAI Storm Suite Gets Green Light in Arizona

Here’s the word from ZestyAI; The Arizona Department of Insurance and Financial Institutions has approved the use of ZestyAI’s Severe Convective Storm suite, including Z-HAIL™, Z-WIND™, and Z-STORM™, giving insurers access to property-level risk insights. […]

News

DBRS Morningstar Looks at Potential Insured Losses From Hurricane Milton

Here’s the latest analysis of Hurricane Milton from DBRS Morningstar; The U.S. National Hurricane Center’s most recent estimated trajectory of Hurricane Milton places the entry point of the storm about 40 miles south of Tampa […]

Global insurance trends

Moody’s RMS System Approved by Florida Commission

Moody’s RMS, the leading global catastrophe risk modeling and solutions company, announced that version 23 of the Moody’s RMS North Atlantic Hurricane Models was approved by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) on June 01, […]

Opinion

Storm Data Modelling Can Really Help Insurers & Brokers

Richard Toomey, senior manager, commercial insurance, LexisNexis Risk Solutions, Insurance, U.K. and Ireland takes a look at the recent storms and how data can really help insurers and brokers. Storm Dudley, Storm Eunice and now […]

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

Previsico Flood Alerts Extend Their Reach

Leading flood forecasters Previsico is working with Zurich Insurance Company Ltd. (Zurich) and one of their top UK customers in a market-first tripartite pilot across 5,000 UK locations. The aim being to plug a major […]

Technology

Convex Partners With Praedicat on Emerging Risks

Convex Group Limited (“Convex”), the international specialty insurer and reinsurer, has announced it is partnering with Praedicat, the liability emerging risk analytics company, to help Convex identify, underwrite and manage complex emerging liability risks. The […]

InsureTech

Cognisure Launches LossRun Insights Tools

CogniSure AI, focused on providing actionable insights from unstructured insurance documents such as policies, loss runs, quotes, and submission emails, announces their launch of “LossRun Insights” solution. The insurance industry spends a significant amount of […]