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Insurance technology news from RiskSpan, Genpact, Sapiens and more. (Credit: Wright Studio/Shutterstock)

RiskSpan collaborated with Verisk to create a first-of-its-kind solution for measuring and mitigating the risks of climate change to the housing finance industry. The collaboration unites RiskSpan’s Edge Platform for mortgage analytics with Verisk Extreme Event Solutions’ proven set of models – relied on by leading insurance, re-insurance, corporate and government entities, to assess the risk from natural catastrophes and climate to a given location by providing a property-specific hazard risk metric.

Fermat Capital Management, LLC selected CyberCube’s Portfolio Manager. This marks the first time that a business that is neither a risk carrier nor an insurance intermediary has partnered with CyberCube. Portfolio Manager is a software-as-a-service application CyberCube has built specifically for the insurance community. It provides risk carriers with a streamlined approach to financially stress test portfolios of risks against a range of cyber-related scenarios such as ransomware attacks and cloud outages.

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