data News

Location Data: The New Fabric of Our Lives

This post is part of a series sponsored by CoreLogic. The Importance of Accuracy and Granularity when Navigating the World of Big Data When we think about data, all we have to do is look around to see its power …

Marie-Jeanne Appointed Chief Data Officer of AXA Group

AXA has appointed Philippe Marie-Jeanne as chief data officer (CDO) of the AXA Group, in addition to his role as head of the Data Innovation Lab. He will report to Véronique Weill, member of the AXA Group Management Committee, AXA …

Report: More Than 6.6M Atlantic and Gulf Coast Homes at Risk of Storm Surge

More than 6.6 million homes on the Atlantic and Gulf coasts are at risk of hurricane storm surge with a total reconstruction cost value estimated to be nearly $1.5 trillion, according to a report released today. Property analytics and data …

Guy Carpenter Unveils New Digital Strategy and Electronic Platform

Guy Carpenter & Company announced a new digital strategy, unveiling an innovative platform – GC Exchange℠ and its suite of electronic solutions, including GC MarketPlace℠ and GCReBID℠. Underlying the strategy is the web-based placement solution, GC MarketPlace℠ that facilitates all …

Secret Service Agent Says Many Cyber Breaches Go Unreported

Many breaches in data security may be going unreported by American businesses. That’s according to Kirk Arthur, supervisory special agent for the U.S. Secret Service’s San Francisco field office. “Businesses simply don’t report it,” said Arthur, who was speaking in …

LIU, CloudInsure Tackle Cloud Computing Coverage Gaps

A new insurance partnership between Liberty International Underwriters and CyberRiskPartners’ CloudInsure will provide insurance backing for cloud providers and the businesses that utilize them. The two companies hope the new platform will reinforce cloud companies’ commitment to protect the data …

CCRIF Partners with Seismic Research Center for Quake, Volcano Risk

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) and the Seismic Research Centre (SRC) of The University of the West Indies have entered into a partnership to enhance the Accelerometric Network in the Eastern Caribbean and Jamaica in order to strengthen …

Cat Models – More Accurate, More Sophisticated and More Useful

Catastrophe models have become such an indispensable tool for re/insurers, particularly those who write P&C catastrophe coverage, that it’s hard to believe the service is only 25 years old. It was launched in 1987 under the direction of Karen Clark, …

Study Suggests China’s CO2 Emissions Could be Greater than Thought

China’s carbon emissions could be nearly 20 percent higher than previously thought, a new analysis of official Chinese data showed on Sunday, suggesting the pace of global climate change could be even faster than currently predicted. China has already overtaken …

Applied Systems to Open Canada Data Center

Insurance software company Applied Systems announced plans to open a Canadian data center in the third quarter of 2012, in order to provide “additional data storage for the growing number of insurance brokers who choose online broker management systems and …