You’re almost certainly staggering under an enormous debt burden that you’re not even aware of. It’s not on your balance sheet, but it adds, almost invisibly, to your direct costs, creates operational drag, attracts new business risk, and damages your market position.
Technology
CelsiusPro has put technology and innovation at the forefront to capitalise on the parametric insurance revolution. The firm’s CEO and founder Mark Rueegg talks to Parametric Insurer to discuss the firm’s achievements to date and future strategy.
Specialty (re)insurance intermediary McGill and Partners has launched a fully digital, cross-class broker facility at Lloyd's offering up to 20 percent follow-form capacity across multiple lines of business.
Miller's former innovation head Andre du Preez has joined McGill and Partners as head of advanced technology, The Insurer can reveal.
Technology firm CelsiusPro has released ParameterPro 2.0, a technology platform to help brokers structure and model parametric insurance policies for natural catastrophe and weather risks.
The insurance industry should embrace rather than run away from technological change with generative AI and data analytics showing massive potential to improve underwriting and broking processes, according to WTW's Alastair Swift.
Specialty insurer CFC is launching a new solution designed for mid-sized multinational tech companies.
The American InsurTech Council (AITC), an independent organisation focused on tech innovation in the insurance industry, has rolled out a proposed consumer protection framework for insurers and vendors deploying artificial intelligence and predictive tools or using third-party data.
The volume of supply chain attacks grew by five times between 2021 and 2023, with businesses exceeding $50mn in revenue bearing much of the brunt, according to findings from the Cyber Roundup Report 2024 from Cowbell.
Ransomware activity remained persistently high in the third quarter of 2024, with 1,257 victims identified and nearly 30 percent of incidents linked to attackers exploiting virtual private network (VPN) vulnerabilities, according to a new report from cyber insurtech Corvus.
New tech developments and artificial intelligence may be a buzzword for some; however, Navigators’ Lynanne St. Denis sees “so much upside right now” across not only the E&S space but widely the insurance sector as well.
Insurance technology provider Ebix Europe has appointed Jeff Ward as sales director.
Placing Platform Limited (PPL) has launched a new underwriter dashboard to support users during periods of high volume on the platform.
Improving the efficiency of underwriting processes through technological innovation is critical for commercial P&C insurers seeking to drive further profitable growth over the coming years, according to McKinsey & Co’s global insurance report for 2025.
Aon has announced the roll out of its Cyber Risk Analyzer, a new digital application to evaluate cyber risk across sectors, after launching similar tools for property, casualty and D&O in the past year.
