A new press release reports, “Arceo.ai, the industry-first provider of cyber resilience solutions, today emerged from stealth with the debut of a unique platform that enables insurance carriers to automate and enhance their cyber insurance solutions, while increasing the security of their insureds. Cyber resilience is the combination of risk mitigation and accelerated recovery to […]
Location, Inc. Launches WaterRisk Analytics, Part of the Innovative RiskSuite Platform for Insurance
by Angela Guess A new press release reports, “Location, Inc., a leading provider of location-based analytics, announced the launch of WaterRisk™ analytics, part of the new RiskSuite™ Platform for Insurance. The RiskSuite platform predicts the risk of crime, fire, and now, non-weather-related water damage insurance loss due to the interaction of people, structure characteristics and […]
QIS: With Big Data Comes Increased Security Risk for Insurance Carriers
by Angela Guess A recent press release reports, “Breaches of data security are an increasingly serious problem for data-intensive industries of all kinds. Recent research shows that 90% of all large organizations—including insurance carriers—suffered cyber security breaches in 2015, up from 81% in 2014.1 Moreover, cybersecurity breaches are becoming more frequent and more expensive; according […]