With rising climate peril severity and frequency, insurance risk data providers point to the technology's improved capability ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

GCube to use Renew Risk’s cutting-edge catastrophe risk model software for offshore wind assets to offer more tailored and competitive pricing Renew Risk’s ground-breaking models consider a broad ...

Global data and technology company recognized for helping financial institutions accelerate AI innovation with trusted model governance, transparency ...

The California Department of Insurance (CDI) has approved the Verisk Wildfire Model for insurers to assess wildfire risk, marking a significant advancement in California's insurance sector. This model ...

Lemonade's AI-driven underwriting is showing promising progress, and its latest move could bring it one step closer to ...

RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced the launch of its homeowners insurance product in California. The expansion, which ...

Insurance carriers have always relied on data to understand risk. What has changed dramatically, however, is how that data is ...

Key insight: Joint guidance from the Federal Reserve and Office of the Comptroller of the Currency on managing model risk leaves many concerns about artificial intelligence, and especially agentic AI, ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. As climate change accelerates, so does the need for ...

RockRose Risk CEO Andrew Engler explains how brokers can reframe nonrenewals and get clients back into the private market ...