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Y-Risk | February 28, 2018
Specialty underwriting management company Y-Risk has announced that it has been approved as a Lloyd’s coverholder to offer cyber and technology E&O insurance. Coinciding with the approval, Y-Risk is launching its new Y-ProTech insurance policies. The products provide coverage against first and third party cyber losses and technology E&O liability exposures, and will be offered to small and medium businesses of all types....
LexisNexis Risk Solutions | February 28, 2018
Telematics insurance, for the most part, has been tapping the tech-savvy young demographic. Now new research shows what makes blackbox cover appealing to men and women, in hopes of driving the creation of personalised offerings to expand the reach of the technology....
Chubb | March 07, 2018
Manufacturing has changed monumentally with the introduction of new technologies and automated capabilities. Workers are now empowered and assisted by machines and digital automation of commercial organizations is something the insurance industry has had to keep a close eye on. Technology brings new risks and exposures to the workplace, and poses underwriting and risk management challenges for insurance professionals....
Risk Placement Services, Inc. | April 02, 2018
Telematics is the buzzword in auto insurance these days and while the technology is proving to be useful in finding the best coverage for each unique driver, and even tracking distracted driving, the commercial auto space is taking small steps towards implementing it in fleets. “Trucking has pretty thin margins on profitability, so the bigger the account, the margin is going to be a bit better for them. We do see some of the bigger accounts investing in technology like this,” said Mi...
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