Artificial Intelligence

In an Automated Manufacturing World, Cyber Attack is a Growing Risk

Here’s the thing about Artificial Intelligence; it takes away human thinking, instinct and judgement, replacing it with an algorithm, strings of code which mimic human actions and thought processes. In some ways that makes AI […]

Insurance Regulation

EU Allowing Consumers to Take Collective Legal Action Could Be Costly

The EU Commission has announced that it intends to grant consumers the right to form collective group actions across the European Union. The proposals are quite far-reaching with the EU intending to levy fines based […]

Big Data

AON Risk Report Looks at Potential Threats Around the World

Risk is a notoriously difficult thing to calculate accurately. As the insurance industry changes and Artificial Intelligence is used to assess consumers, businesses and nations, it will be interesting to see how much weight AI […]

Insurtech solutions to fighting escape of water claims.
Insurance Brokers

Adler and Allen Launch Flood Risk Predictive Software

To help businesses understand their flood risk, Adler & Allan has launched a new Flood Risk Management Technology – the most advanced of its kind – to allow a site to predict future flooding events […]

Artificial Intelligence

LexisNexis Launches Attract for Motor: Offers Risk & Loss Prediction

The culmination of several years development and with support from motor insurance providers across the UK, LexisNexis Risk Solutions, the leading data and analytics provider for the insurance industry, has launched Attract™ for Motor, the […]

Insurance & Reinsurance

Sequel Partners Up with Agora Underwriting

Sequel, a leading provider of end-to-end software for insurance and reinsurance businesses, announced that Agora Underwriting has chosen Sequel Eclipse Underwriting to support its transition from a Special Purpose Arrangement (SPA) of Skuld Syndicate 1897 […]

Business

Latest Insurance Industry Appointments

Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Carrie will focus on strengthening relationships with London market brokers while supporting AEGIS […]

Big Data

FICO Launch Cyber Security Risk Modelling Tools for Underwriters

Silicon Valley analytics firm FICO today announced that the FICO® Enterprise Security Score is the first cyber security rating to include powerful risk assessment and modelling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and […]