data analytics News

Verisk Acquires Analytics Firm MarketStance

Analytics firm Verisk Analytics Inc. has acquired MarketStance, a provider of market intelligence data and analytics to the property/casualty insurance market. Following the completion of the transaction, MarketStance will become part of ISO, a division of Verisk, and Dr. Fritz …

Verisk Analytics Buys UK’s The GeoInformation Group

Verisk Analytics Inc., the Jersey City, N.J.-based data analytics provider, announced it has acquired The GeoInformation Group, a leader in the field of geographic data solutions based in Cambridge, England. “This acquisition expands Verisk’s footprint in the U.K. as a …

Atlas General Insurance Services, LLC Hires Jesse Mauser as Vice President of Data Analytics

San Diego, CA, March 29, 2016 – Atlas General Insurance Services, LLC, a national multi-line program administrator, welcomes Jesse Mauser as Vice President of Data Analytics. Mauser will provide comprehensive coverage of business intelligence and data analytics, with a focus …

The Price of Price Optimization in Insurance

The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle. Or it could not be. Consumer groups and a growing contingent of states are labeling the practice as unfairly discriminatory …

Aon Outlines New Growth Paths for Re/Insurers at 14th Hazards Conference

Aon Benfield is examining how insurers and reinsurers can identify and capitalize on new growth opportunities amid challenging market dynamics at its 14th Biennial Hazards Conference in Australia. Aon noted that it’s “one of the largest gatherings of hazard risk …

Generali Acquires MyDrive Solutions, a UK Data Analysis Firm

Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior. MyDrive Solutions, which was founded in 2010, specializes in identifying innovative and tailor-made products for customers as well …

Duperreault, Reardon and Deutsch Lead Hamilton Re into the ‘Data Analytics’ Future

If you’re going to successfully operate a relatively new reinsurance company in these troubled times, you better know what you’re doing. Fortunately Bermuda-based Hamilton Re would seem to pass muster. Firstly, it’s not a start-up. Hamilton Re is the successor …