Technology & Analytics
AIG’s Newly-Acquired Tech Subsidiary Now Known as ‘Blackboard’
"Blackboard," is the new name for American International Group's technology-focused subsidiary formerly known as Hamilton USA. Hamilton USA was part of Hamilton Insurance Group, but AIG announced ...
Insurance Included in Singapore’s Plans to Create 4,000 Finance Sector Jobs
Singapore wants to bolster its status as a wealth management and foreign-exchange center as part of plans to create more financial-sector jobs and mitigate the effect of rapid changes in technology. ...
Impatient InsurTechs Will Create MGAs, Carriers On Their Own
More than 1,000 technology startups are seeking a role in insurance and risk management, and they're doing so with or without traditional distribution partner collaboration, an industry panel said ...
Insurance Innovation Is (So Far) More Harmonious, Less Disruptive Than Expected
There is no shortage of commentators claiming that the rise of InsurTech will transform traditional insurance beyond recognition. It's time, then, to distinguish between hype and the real changes ...
CNN Wins FAA Waiver to Fly Drone Over Crowds
CNN received a waiver allowing routine drone flights above crowds, a milestone for the industry seeking greater use of the remote-controlled devices for everything from insurance inspections to ...
Wi-Fi Vulnerable to Hacking Due to Newly-Discovered System Flaw
Cyber security watchdogs and researchers are issuing warnings over risks associated with a widely used system for securing Wi-Fi communications after the discovery of a flaw that could allow hackers ...
As InsurTechs Make Waves, Consumers Still Trust Traditional Insurers More
InsurTechs are changing the face of insurance, Capgemini and Efma said, announcing results of a consumer survey last month in which nearly one-third of respondent said they now rely on InsurTechs. ...
What Harvey and Irma Say About the Accuracy of Catastrophe Models
Four hours after Hurricane Andrew made landfall near Homestead, Fla. in 1992, catastrophe modeler AIR issued a statement that the insured losses could exceed $13 billion in Florida. Actual losses ...