Analytics & Data

• Xuber Launches Analytics Tool for Commercial Lines Market

  By Staff Writer  |  May 10, 2013

  Xuber announces the launch of Xuber Analytics, a data analysis tool designed to provide commercial insurers with deeper insight into their business

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  RMS CEO: New Risk Management Platform to 'Crush Latency'

  By Chad Hemenway, PropertyCasualty360.com  |  May 9, 2013

  Risk Management Solutions has unveiled a new, open platform it says will enable insurers to manage models and exposures in minutes rather than months.

• An Underrated Supply-Chain Concern: Cyber Events

  By Anya Khalamayzer, PropertyCasualty360  |  May 8, 2013

  Two-thirds of cyber events are the fault of third-party businesses that outsource services for the victim, showing that business interruption no longer solely concerns physical assets susceptible to natural catastrophes and other disasters.

• RMS Announces New Real-Time Platform to Manage Risk

  By Staff Writer  |  May 8, 2013

  RMS announced its new RMS(one) single, open platform, which provides customized real-time risk intelligence and analytics on a range of mobile devices.

• ACORD LOMA Session Highlights Disruptive Power of Telematics

  By Michael P. Voelker  |  May 8, 2013

  For years, auto insurers' efforts to achieve greater pricing precision has involved looking backwards—analyzing historical claim data and risk characteristics to determine the right price for a current exposure.

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  ACORD LOMA 2013: Telematics from Two Angles

  By Robert Regis Hyle, PropertyCasualty360.com  |  May 8, 2013

  You can’t wander very far at an insurance technology conference without someone mentioning telematics.

• Plumbers Don't Write Insurance

  By David LaMartina  |  May 7, 2013

  You can't manage what you can't measure, and business intelligence is only going to become more important in today's increasingly online, mobile and cloud-based economy.

• RMS Models $1.2B of New Issuance

  By Staff Writer  |  May 2, 2013

  Risk Management Solutions has conducted risk analysis for two new catastrophe bonds: Bosphorus Re 1 Ltd. cat bond and the Tar Heel Re Ltd. cat bond, launched in April 2013.

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  Telematics: Trouble or Tipping Point for Midsized Carriers?

  By Michael P. Voelker  |  May 1, 2013

  With insurers and vendors working to solve high entry costs, data challenges, and intellectual property concerns, user-based insurance may finally be nearing its much-anticipated breakthrough to the mainstream.

• New Power with Predictive Analytics

  By Karen Furtado  |  May 1, 2013

  The use of predictive analytics in insurance is becoming increasingly widespread as companies realize how the power of insight can impact business growth, risk management, and loss control. The number of insurers using these sophisticated models is growing daily and, there are more business capability areas that are reaping the...

• Top Secret

  By Robert Regis Hyle  |  May 1, 2013

  Insurance companies are naturally protective of proprietary information, but the industry as a whole suffers when carriers are unwilling to share information that organizations such as ACORD can use to establish industry-wide standards. That scenario is playing out once again in the telematics space.

• Valen Introduces InsureRight Platform for Underwriting Profitability

  By Staff Writer  |  April 30, 2013

  Valen Analytics, a provider of proprietary data, analytics and predictive modeling to help insurance carriers manage and drive underwriting profitability, has re-branded and unveiled the first of its new products, the InsureRight Platform.

• AIR Throws Climate Change Into Mix of Catastrophe-Event Modeling

  By Anya Khalamayzer, PropertyCasualty360.com  |  April 26, 2013

  AIR Worldwide has incorporated a climate-change analysis tool into its Catastrophe Risk Engineering (CRE) program, adding the reality of increasingly volatile weather into risk scenarios that may impact companies and emergency services.

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  Financial Analytics for an Agile Insurance Organization

  By Peter Witham  |  April 25, 2013

  To run effectively, insurers need to know the state of their finances at any point in time and how they can best address business issues that arise.

• AIR Worldwide Introduces Real-Time Climate Risk Analytics Service

  By Staff Writer  |  April 22, 2013

  Catastrophe modeling firm AIR Worldwide announces the availability of Real-Time Climate Risk Analytics, a new service for corporations and emergency management agencies to help them better manage and assess their risk from natural catastrophes.

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  Sandy Shook the Earth, Helping Scientists Study Crust and Upper Mantle

  By Staff Writer  |  April 19, 2013

  Before Superstorm Sandy struck New Jersey and New York, the storm made a turn to the northwest toward land, rattling the ocean floor and setting off seismometers across the U.S., according to University of Utah researchers.