Risk Management

News

Regulatory Pressure Still Biggest C-Suite Concern

By Justin Stephani

Although risk management is important among companies concerned with regulatory pressure, few maintain a clearly defined risk appetite and reward adherence to it.

Travelers Releases Construction Builders Risk Product

By Justin Stephani

New broad coverage designed to include access to risk control, claims and specialty investigations support.

Aon Releases Latest Terrorism, Political Violence Risk Map

By Justin Stephani

Forty-four percent of countries measured have identifiable terrorism risk in 2013, according to Aon’s updated map.

8 Insurers Nominated for Novarica Impact Awards

By Chris McMahon

AIG, Erie, Great American and five others recognized for best practices in insurance industry IT projects and practices.

Drivers Open to Devices Monitoring Their Habits, Performance

By Justin Stephani

A survey of 1,000 drivers indicates they want more severe coverage penalties for phone use while driving.

9 Vendors, 6 Insurers Receive VIP Awards

By Carrie Burns

Guidewire, IBM, Vertafore, AXA Global Direct – Avanssur, Zurich North America are just a few of the companies taking home Vanguards in Insurance Practices awards.

More Than 80% of P&C Insurers are Increasing Data Investments

By Justin Stephani

Data quality/completeness and lack of overall priority are among the biggest challenges to capitalizing on data and analytics, according to P&C survey respondents.

State Farm To Test App For Monitoring Drivers

By Justin Stephani

State Farm is seeking 5,000 volunteers to try its latest app, designed to collect information on driving habits and validate telematics applications.

Historical Comparisons for Sandy Claims Coverage

By Justin Stephani

PCI released the latest Sandy claims numbers with an historical perspective, comparing the response to Hurricanes Katrina and Wilma.

Marsh: Terrorism Program Needs Reauthorization

By Justin Stephani

2013 Terrorism Risk Insurance Report outlines current marketplace as well as potential effects of letting the coverage expire.

Valen Analytics Relaunches InsureRight Platform

By Chris McMahon

New version includes portfolio management capabilities and transactional model deployment for risk selection and pricing accuracy.

Sentry Launches Mobile Risk Management Solution

By Jennifer Morrell

Mobile platform developed as a companion to Web-based risk software released by the insurer last year.

Insurity’s Policy, Billing Software Picked by Risk Management Firm

By Justin Stephani

Adventist Risk Management looks to improve operational efficiencies, customer experience through the purchase.

AIR Launches Real-Time Climate Risk Analytics Service

By Jennifer Morrell

Service to address uncertainty in real-time data reporting by incorporating catastrophe-loss scenarios.

Towers Watson Launches New Terrorism Risk Product

By Justin Stephani

New analytics-based software designed to weigh factors of individual companies, such as location of operations and cost-severity factors, against historical data.