Styra | July 08, 2022
Styra, Inc., the creators and maintainers of Open Policy Agent (OPA) and leader of cloud-native authorization, has announced that it was named an “Outperformer” by GigaOm in its “2022 GigaOm Radar Report: Policy-As-Code Solutions.” The comprehensive industry report recognizes the company’s impactful role in defining the policy-as-code category and awarded Styra DAS high marks for its SaaS and self-hosted deployment models, authorization policies and policy generator, support for OPA as well as its scalability and usability.
According to the report:
“New vendors focused purely on policy management and decision making, such as Styra, are emerging to help redefine the category.”
With OPA, “It feels as if this approach toward a generic policy language instead of a domain-specific language is continuing to grow in this space.”
“Styra focuses on policy management, lifecycle, and decision making and it supports Rego. Extensions from the community at large can enable Styra DAS to be an effective one-stop policy as code solution. Between OPA and Styra DAS users can effectively scale to ensure that decisions can be continuously made in the event of a central control plane outage.”
“We are honored to be named an ‘outperformer’ by GigaOm for our product capabilities in its recent Policy-As-Code Radar,” said Tim Hinrichs, co-founder and CTO at Styra. “This report shows the widespread market need as well as the accelerated growth of the category over the past few years. We’ve implemented a policy-as-code approach from day one with OPA, and this new recognition, combined with our recent ‘Outstanding in Microservices’ accolade from KuppingerCole Analysts' 2022 Policy Based Access Management Market Compass, proves that Styra and OPA are at the forefront of policy-as-code and authorization.”
“We are honored to be named an ‘outperformer’ by GigaOm for our product capabilities in its recent Policy-As-Code Radar,” said Tim Hinrichs, co-founder and CTO at Styra.
To determine the results for this report, GigaOm analysts reviewed and scored the top policy-as-code solution providers using the GigaOm Radar. This tool provides an overview of a particular market segment and characterizes each vendor on two axes — Maturity versus Innovation as well as Feature Play versus Platform Play. The analysis of available technologies focuses on features and capabilities, impact on the customer organization, and ratings. The results reflect how well a vendor meets key solution criteria and aligns with growing technology trends over the next 12-18 months. Styra is projected to move from the “Challenger” tier to the “Leader” tier over this timeframe. This projection is based on increased maturity as well as anticipation of a broader platform focus and commitment to a comprehensive feature set.
“As reflected in the Radar Report on Policy-As-Code Solutions, Styra has a strong market standing and continues to bring innovation to its industry category,” said Shea Stewart, analyst at GigaOm. “As Styra continues to evolve, extensions from the community at large can enable Styra to be an effective one-stop policy as code solution for enterprises of all sizes that will scale as they continue to grow.”
To read the full 2022 GigaOm Radar Report on Policy-As-Code Solutions, visit here, or to learn more about cloud-native authorization with Styra, please visit here.
Styra enables enterprises to define, enforce and monitor policy across their cloud-native environments. With a combination of open source (Open Policy Agent) and commercial products (Declarative Authorization Service), Styra provides security, operations and compliance guardrails to protect applications, as well as the infrastructure they run on. Styra policy-as-code approach lets developers, DevOps, and security teams mitigate risks, reduce human error and accelerate application development. Learn more at https://styra.com.
Lexisnexis | June 02, 2022
Flyreel, a Denver-based property insurtech that uses artificial intelligence (AI) and machine learning to enable self-service property inspections, which provide additional visibility into a property's interior and exterior to improve and automate new business and renewal underwriting and claims processes, has been acquired by LexisNexis® Risk Solutions, part of RELX. Flyreel will join the insurance division of LexisNexis Risk Solutions. This will add to the insurance data and analytics leader's current data assets and models for figuring out how risky a building's occupants and location are.
Flyreel employs unique computer vision technologies to walk a home or business owner through a thorough property scan using their smartphone. Consumers may easily capture interior and exterior property characteristics using the Flyreel app. The data is digitized, checked for accuracy, and sent directly to the workflows of insurance companies, so there is no need to visit the site.
Insurers need a modern solution for the home inspection process that reduces costs, gives them the insight they need to underwrite and improve loss ratios, and offers a convenient, intelligent customer experience, By combining Flyreel's innovative capabilities with our vast data analytics assets, we will create a transformative platform for property risk assessment that offers insurers comprehensive underwriting insights and more effectively identifies the properties that need inspections at renewal. The benefits are game-changing."
Bill Madison, CEO, Insurance, LexisNexis Risk Solutions.
Insurers can better figure out the right premium for each scanned property, improve loss ratios by identifying critical hazards up front, reduce premium leakage by capturing details about insurable assets, and simplify the inspection process to make property owners happier.
Flyreel's technology also provides a better customer experience by reducing scheduling issues, improving a consumer's understanding of their home or business hazards, and creating a record of their belongings in case of a future claim.
Johnson &amp; Johnson | June 07, 2022
By acquiring the assets of Midlands Management Corporation's Wholesale Brokerage & Binding and Managing General Underwriting businesses, Johnson & Johnson will expand its footprint into Texas and Oklahoma. Safety National Casualty Corporation's subsidiary Midlands is a completely owned subsidiary of Safety National Casualty Corporation.
The transaction is expected to close on April 29, 2022, according to the parties. Midlands' WB&B and MGU units, which were founded in 1990, specialize in specialized lines of coverage for both personal and commercial lines of business, both admitted and non-admitted E&S. These units, which are led by an experienced management team, contain underwriting and operating teams with extensive product knowledge and service skills.
Midlands' MGU unit serves as an underwriting manager for several insurance companies, specializing in ICOA insurance, Texas Non-Subscriber insurance, and other similar insurance products. For small-to-mid-sized commercial businesses and people, the WB&B segment provides admitted and non-admitted general, commercial, and personal property and casualty products. Johnson & Johnson, situated in Charleston, South Carolina, is a fourth-generation, family-owned Managing General Agency.
Johnson & Johnson has a long history of offering outstanding service and products to Independent Agencies while keeping a family culture, having been founded in 1930. In Texas and Oklahoma, Johnson & Johnson will offer a diverse range of first-class products and services to agencies and insureds.
This acquisition by Johnson & Johnson, a leading specialist in related businesses, will accelerate the growth in revenue and profitability of these business units and provide greater professional development and career advancement opportunities for the employees in these divisions. All Midlands' business outside of these units, including excess workers' compensation and related primary workers' compensation, specialty programs and claims administration, are not part of the transaction and will continue to operate under the Midlands name as a Safety National entity."
Duane Hercules, President of Safety National.
Adding the Midlands Management Corporation Team and their agency network to Johnson & Johnson will provide us with a terrific group of employees and agencies which will enhance our 'service first' approach to the Agents currently served by Midlands."
Francis Johnson, CEO, Johnson & Johnson.