CLARA Analytics, an artificial intelligence (AI) and data science company focused on the P&C and disability insurance industries, aims to reduce the cost of claims with AI-based solutions by reducing claims leakage and frictional costs for both insurance companies and self-insured corporations. 5 January 2018
RIMS, the risk management society, has appointed Robert Cartwright Jr to lead the society as president for the 2018 term, effective January 1. 5 January 2018
Innovative risk transfer will influence the future of the captive as a business model, as Marcus Schmalbach of BlockART Institute explains. 8 December 2017
The European Union has excluded Bermuda from a 'blacklist' of countries that it claims are not doing enough to crack down on offshore avoidance schemes. 7 December 2017
Sedgwick Claims Management Services, a tech-driven risk and benefits solutions provider, has signed an agreement to acquire Cunningham Lindsey, a loss adjusting, claims management and risk solutions firm. 7 December 2017
The European Union yesterday released its results of a 10-month investigation into countries that it claims are not doing enough to crack down on offshore tax avoidance schemes. 6 December 2017
The Bermuda captive market was profitable for the 2016 financial year-end, with a median loss ratio of 49 percent and combined ratio of 75 percent for Bermuda general business captives. 6 December 2017
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