Risk Management

News

Systema Software and Risk Sciences Group Partner on Risk Management

By Jennifer Morrell

The partnership will offer an RMIS product designed to improve workflow and decision-making.

RMS Expands Modeling Partnerships

By Chris McMahon

Access to a growing number of models through a single platform enables insurers to build a more complete view of risk while achieving operational efficiencies in underwriting and portfolio management.

CAS Forms Task Force on Cyber Risk

By Jennifer Morrell

Casualty Actuarial Society forms a task force to advance research into cyber risk and cyber insurance.

P&C Pricing Expectations Getting Worse

By Chris McMahon

Keefe, Bruyette & Woods leaves ratings unchanged due to the generally stable operating environment, but analysts are adjusting earnings-per-share estimates because of winter weather and a flatter yield curve.

SAP and Partners Expand Investment Management Platform

By Jennifer Morrell

SAP's platform has been expanded to North America insurers through its cloud offering.

Commercial Property Rates Continue to Soften

By Chris McMahon

Buyers' market is improving, as capacity remains abundant, according to Willis Group; commercial casualty rates likely to experience single-digit increases.

AIR's Touchstone to Integrate Third-Party Catastrophe Data and Models

By Jennifer Morrell

Touchstone creates an open platform for insurers and reinsurers to manage their exposures and catastrophe risk.

PCS Adds Natural Hazard Analyses to Catastrophe Bulletins

By Jennifer Morrell

The integration from the Property Claim Services division of Verisk Analytics is designed to align the use of precision climate business data for P&C insurers.

Quindell and UK Auto Insurer RAC Launch Connected Car Products

By Chris McMahon

The new company will distribute connected car products to consumers in the UK and Canada, fleets in Europe and to vehicle makers globally, company says.

FICO Releases Version 3.6 of Identity Resolution Engine

By Jennifer Morrell

Software is designed to help detect criminal fraud rings and enable users to understand the relationships between their organizations, customers, events and third-parties.

United Guaranty Names Parrent as Chief Risk Officer

By Jennifer Morrell

Tom Parrent, AIG executive and industry veteran, will take on the role of chief risk officer.

Analytics in Action: Georgia Farm Bureau

By Bob Violino

To improve customer satisfaction, accuracy and cycle time for weather-related claims, the insurer integrated Verisk’s data and analytics capabilities into its estimating application.

Survey: Insurers' No. 1 Risk: Regulation

By Chris McMahon

Market conduct exams, privacy and data protection rank at the top of insurers' regulatory concerns, according to a recent survey.

Insurance Industry Disaster Claims Fell to $45B in 2013

By Carolyn Bandel

The 2013 Atlantic hurricane season, which ran from June through November, was the first since 1994 with no major storms.

Lumeta Integrates Products With Allgress

By Jennifer Morrell

Lumeta Corp. has integrated its IPsonar and ESI products with the Allgress' Insight Risk Management Suite.

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