Technology & Analytics
How to Build Your Own Catastrophe Model
Given the complexity of catastrophe models, at first it might seem impossible for you to build your own. This was certainly the case 10-20 years ago. But technology has changed since the ...Why Build Your Own Catastrophe Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...
Acquirers/Processors: A Critical Point in the Credit Card Payment Chain
In the typical credit card transaction, once a merchant accepts a credit card and enters card information into a payment system, the card data is sent to an acquirer and payment processor for ...
What Might a ‘Cyber Andrew’ Look Like?
Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...
Is the Insurance Industry Going to the Origami Dogs—or Their Creators?
An unhappy customer arrives at the office of an insurance company executive by limousine to discuss concerns about the company's service. The scenario may not seem typical unless you're the CEO of an ...
Where Can P/C Insurers Grow?
Property/casualty insurers on a mission to achieve strong growth over the next few years need to look beyond developed economies, a reinsurance broker advises in a new report. In the 10th edition of ...
Five Steps to Relevance
Insurers looking for strong insurance growth need to look beyond developed economies and they need to enter coverage areas for emerging risks like brand damage insurance, mortgage credit risks, and ...
Towers Watson Embraces the Cloud with $15M Canadian Tech Company Acquisition
Towers Watson will buy up a Canadian tech company for more than $15 million. The deal is designed to boost its insurance technology/cloud computing offerings for property/casualty carriers as well as ...