“A confluence of trends, including real-time data streaming and analytics driven by artificial intelligence, is enabling businesses and the insurance industry to move toward real-time risk management,” John Drzik, president of global risk and digital at Marsh, said in a press release. “We see great opportunity to innovate solutions that have large-scale impacts for a wide range of our clients.” (Photo: Shutterstock) “A confluence of trends, including real-time data streaming and analytics driven by artificial intelligence, is enabling businesses and the insurance industry to move toward real-time risk management,” John Drzik, president of global risk and digital at Marsh, said in a press release. “We see great opportunity to innovate solutions that have large-scale impacts for a wide range of our clients.” (Photo: Shutterstock)

The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has created an alliance with CNA to offer HSB’s IoT technology solutions to CNA’s small and mid-size commercial property policyholders to help prevent or reduce property damage and business interruption loss. Utilizing proprietary sensors and customized algorithms, HSB IoT technology is a commercial-strength, turnkey package of hardware and software, data analytics, back-end operations, targeted alerts and 24/7 monitoring supporting.

CSAA Insurance Group, an AAA insurer, and Owlcam announced a partnership using Owlcam’s video security and safety service to improve the claims experience for customers. Through the partnership, CSAA Insurance Group customers can use Owlcam’s real-time video upload capabilities to easily report incidents such as crashes and break-ins to help expedite claims.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].

More from this author

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.