Technology/Science
The Latest Launches From Erie Insurance and Validus Holdings
Erie Insurance plans to start offering home telematics products developed by the startup Roost that help detect water damage. An arm of Validus Holdings has launched a standalone cyber insurance ...
Sapiens Boosts North American Market Share With Adaptik Acquisition
Sapiens International Corp. has agreed to snatch up Adaptik, a rival insurance software company focused on policy administration and billing. The move is expected to help the Israeli company boost ...
Berkshire Hathaway’s Business Wire Dealing With Ongoing Cyber Attack
Business Wire, the corporate news release distributor owned by Warren Buffett's Berkshire Hathaway Inc, on Tuesday said it has been suffering for nearly a week from a cyberattack designed to disable ...
Most Companies’ Cybersecurity Readiness Falls Short: Hiscox Study
There are major shortfalls in the cybersecurity readiness of a large majority of firms—a reality revealed in a new international Hiscox study that reveals both a marketing opportunity and cause for ...
Latest Amtrak Crash Underscores Pending Deadline for Rail Safety System
Only about a quarter of U.S. railroad tracks that carry passenger trains have an anti-crash system that safety officials say could have prevented a fatal weekend crash, even though a year-end ...
Indio Technologies Pulls in $6M for Digital Commercial Insurance Broker Platform Expansion
Indio Technologies raised $6 million in new venture financing, money that will help expand the capabilities and use of its digital commercial insurance platform for brokers. The Series A financing ...
Cyber FICO Ratings Could Benefit Insurance Underwriting in Multiple Ways
Nearly 30 years ago the Fair Isaac Corporation ("FICO") first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market ...
Insurers Can Take on Coverage Gaps as Disaster Costs and Frequency Rise
Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to ...