July 15, 2024
AEGIS London, the London-based Lloyd’s syndicate, has established a new Data Science and Analytics team to enhance underwriting capabilities and data-driven initiatives. Led by Giuseppe D’Angelo, head of Data Analytics and Portfolio Underwriting, the newly formed team is comprised of …
June 5, 2024
Just under half of property/casualty insurers recently surveyed by WTW say they plan to incorporate artificial intelligence into their analytics (49%), but most have yet to bring “traditional” analytics into areas other than pricing, WTW reports. “While there is much …
July 12, 2022
Insurance broker WTW reported its acquisition of Butterwire, a provider of data analytics, artificial intelligence and machine learning platforms. Based in Glasgow, Scotland, the financial analytics company will become a part of WTW’s Climate and Resilience Hub. Terms were not …
April 5, 2022
Certificate Hero Raises $4.5 Million for Certificate of Insurance Processing Platform Certificate Hero, a platform for issuing and managing certificates of insurance, reported it received $4.5 million in funding in its Series Seed II round led by RRE Ventures. The …
March 23, 2022
Last week, information services firm Verisk said it had taken steps that align with one investor’s call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk promised several additional changes and publicly committed to a “pure-play” …
November 3, 2021
Verisk Analytics, the global data analytics firm, has acquired North Carolina-based Data Driven Safety to expand its automobile insurance underwriting data business, Verisk announced. Data Driven Safety, founded in 2009 and headquartered in Huntersville, North Carolina, has specialized in aggregating …
September 14, 2021
Global reinsurance broker Gallagher Re has unveiled an automated analytics platform it says benefits reinsurance clients and markets by bringing together all analytics capabilities into one platform and providing a multi-model view of risk. The new platform, Gallagher Automated Insurance …
July 1, 2021
HX, the data analytics and advisory division of London-based Howden Group Holdings, announced the launch of NOVA, a first of its kind insurance business intelligence platform, which enables users to better understand the insurance market and its drivers. NOVA amalgamates …
February 3, 2021
CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp., in a deal valuing the data and technology provider to automotive and insurance companies at about $7 billion. The deal …
January 22, 2021
CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider CoreLogic Inc., according to people familiar with the matter. CoreLogic, which is evaluating the offers, is expected to decide in …