Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

The AI data center insurance market is expanding rapidly due to the increasing adoption of AI technologies, rising cyber ...

Albuquerque, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Applied Research Associates, Inc. (ARA) announced today that Security First Insurance will license terrain data from HurLoss®, ARA’s state-of-the-art ...

Data is the foundation of every industry today, powering strategic decision-making, operational efficiency and customer engagement. However, as businesses accumulate vast amounts of data, managing it ...

Embedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Startups like Riskcovry and Assurekit leverage data analytics to ...

Landmark regulations intended to encourage insurers to write more policies in risky wildfire neighborhoods through the use of complex computer models were released Friday by the state. Under new rules ...

Insurers are increasingly using AI-based systems that allow risk assessment at the property level. Traditional catastrophe ...

California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire risk and set ...