InsurTech
Update Adds Tools to Milliman's Arius InsurTech Software Solutions
Global consulting and actuarial firm Milliman, Inc., has released an updated version of its Arius InsurTech software solutions. Arius is a family of state-of-the-art reserve analysis systems for property and casualty insurers and large self-insureds. The new release provides significant enhancements to the systems' analytical and reporting capabilities. Learn More
Upcoming Seminar To Focus on Blockchain and Parametric Risk Transfer
An upcoming 1-day seminar will help demystify blockchain technology and help attendees better understand how to employ blockchain and parametric triggers in their risk transfer programs. The “Blockchain Technology and Parametric Solutions” seminar will take place November 16, 2022, in Las Vegas. Learn More
Cowbell Cyber Increases Underwriting Capacity with Palomar Agreement
Cyber-insurance provider Cowbell Cyber has increased its underwriting capacity through an agreement with Palomar Excess & Surplus Insurance Company. Earlier this year, Cowbell Cyber announced it had formed a Vermont-domiciled captive insurance company, Cowbell Re, to provide added flexibility in meeting demand for cyber-insurance coverage. Read More
InsurTech Cowbell Cyber Forms Captive To Meet Cyber-Coverage Demand
Cyber-insurance provider Cowbell Cyber has formed a Vermont-domiciled captive insurance company to help the company meet the growing demand for cyber insurance. The InsurTech firm uses artificial intelligence to assist in risk selection and pricing as it underwrites cyber-insurance coverage for small-to-medium enterprises. Read More
First Half 2021 Global InsurTech Investments Hit Record High
Global investments in InsurTech hit a record high of $7.4 billion during the first half of 2021. The first-half investment was higher than in all of 2020 or any other year, according to the "Quarterly InsurTech Briefing" from Willis Towers Watson. Read More
Captive Insurance Companies and the Rise of InsurTech
InsurTech is on the rise and captive insurance companies need to understand both the opportunities and the risks presented by InsurTech. Captive board members and managers must take steps to understand the development and not allow confirmation bias to cloud their recognition of how the technology is transforming insurance. Read More
Understanding Artificial Intelligence and Asset Management
As in other areas of the captive insurance world, artificial intelligence (AI) is becoming an increasingly important component of the asset manager's tool kit. This article provides a brief primer on AI and asset management by way of a discussion with Alton Cogert of Strategic Asset Alliance. Read More