A newly-proposed flood model can provide a real-time prediction of urban flooding caused by heavy rainfall in a changing climate, but it may not be of particular interest to insurers. “The model can be used not only for real-time flooding…
When it comes to real-time data exchange, the insurance industry in Canada seems to be more on the right path than south of the border, said the CEO and co-founder of an insurtech in the United States that recently incorporated…
With work continuing to enable real-time data exchange between brokers and insurers, the next logical step would be to bring consumers into the fold. Pat Durepos, leader at software vendor Keal Technology, said that he sees consumer access to data…
The long-standing objective of standardized real-time data exchange between insurance brokers and companies has taken a big step forward with Tuesday’s announcement that initial testing of the process has been successfully completed. A team of players in Canada’s p&c insurance…