Risk Metrics Corporation, a provider of market intelligence for commercial insurers, has launched Insurance360, a new data as a service (DaaS) product that allows insurance carriers, brokers, and agencies to access the data they need all in one place, in real time and only pay for what they use.
Because terrorist acts have unique characteristics that are unlike natural disasters, traditional loss-prevention tools often fall short when preparing for this risk, according to the Insurance Institute for Business & Home Safety (IBHS).