everis

Marsh | March 26, 2020

More and more businesses are purchasing cyber insurance, according to a new report by Marsh. Forty-two per cent (42%) of Marsh’s US-based clients purchased cyber insurance last year, up from 38% in 2018 and more than double the number of companies that purchased cyber coverage in 2014, according to Marsh’s 2019 Cyber Insurance Purchasing Trends Report. The number of Marsh US clients who purchased standalone cyber insurance for the first time grew 18% in 2019, compared to 12% in 2018....

Insurance Technology

Brandon Hall Group, Inc. | December 23, 2021

Paychex, Inc., a leading provider of human resources, payroll, benefits, and insurance solutions, has won two Brandon Hall Group Excellence in Technology Awards. The company's Employee Retention Tax Credit (ERTC) Service was recognized by Brandon Hall Group with a gold award for Excellence in Technology in the "Best Advance in HR or Workforce Management Technology for Small and Medium-Sized Businesses" category, and Paychex Pre-Check received a silver award for "Best Advance i...

Aviva | March 06, 2020

Earlier today it was reported by Reuters that the British insurance giant, Aviva, has said that it will sell its entire stake in joint venture PT Astra Aviva Life to its partner in the operation, and pull completely out of Indonesia. Aviva has declined to say how much the sale will raise. In a statement, Aviva said: “The transaction is expected to complete in Q4 2020 and is subject to certain closing conditions.” The company said that regulatory approval will be needed in Indonesia, ...

Milliman | July 27, 2020

Global consulting and actuarial firm Milliman has released version 2020b of its Arius reserve analysis systems for property and casualty insurers. The update provides significant enhancements to the products’ analytical capabilities and additions to their reporting and data-management tools. The release adds new generalized linear modeling (GLM) capabilities that allow actuaries to better model and understand claim costs. GLM tools are especially useful when analyzing periods of inf...