Technology & Analytics
A Sign of Ransomware Growth: Gangs Now Arbitrate Disputes
Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new ...
10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk: TMHCCI Report
In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of millions of citizen records stolen, 40,000 businesses' IT operations put at risk, one billion ...
How Data-Rich Telematics Is Accelerating the Future of Auto Insurance
Auto insurance pricing is complex, challenging carriers to deliver competitive rates that effectively balance risk with profit potential. Fortunately, the evolution of telematics has streamlined the ...
Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters Nat-Cat Collaboration
ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings has made a strategic investment in the ...
Insurers Making Waves With Wider Use of IoT Leak, Temp Sensors
Wouldn't it be nice if, instead of relying on adjusters and restoration companies to surmise how much damage was actually caused by a water leak, an insurer could stop the leak almost before it ...
How We’re Doing It: Science Fiction Becomes Reality When Insurers Become Tech Companies
Get a quote for life insurance just by sending a selfie or for your house by answering a few online questions. Keep track of your oral health using the smart toothbrush provided by your dental ...Duck Creek Invites Entries to First Ecosystem ‘Hatch-a-thon’
Duck Creek Technologies is calling for partners and customers to enter the company's first ecosystem hack-a-thon, aptly named "Duck Creek Hatch-a-thon." The event will occur during the company's user ...
Predictive Analytics, AI Are Helping Insurers Fight Fraud
Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by ...