Nirvana Insurance — an insurance startup taking a new approach to insurance products for commercial fleets using artificial intelligence, telematics, internet-of-things technology and 15 billion miles of trucking data to calculate risk models — is taking on something else: new funding.
Tag: IoT
How IOT Can Save Flood Risk Issues
Floods pose significant risks to communities worldwide, causing extensive property damage and endangering lives. Recent advancements in technology have introduced innovative solutions to mitigate flood-related risks, and one technology that stands out is the Internet of Things (IoT).
Munich Re: Cyber Risks and Trends 2023
Future cyberattacks will be increasingly accelerated by key technology trends such as artificial intelligence like ChatGPT, the so-called “metaverse” and the expanding worlds of IT, Internet of Things (IoT) and operational technology (OT).
Swiss Re Announces a Strategic Alliance with Microsoft
Swiss Re and Microsoft Corp. announced today a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece of the strategic alliance is the launch of Swiss Re’s Digital Market Center, which will help develop next-generation, large-scale tools to transform the way the insurance industry predicts and manages… Continue reading Swiss Re Announces a Strategic Alliance with Microsoft
RLI Transportation Announces Partnership with Samsara
RLI Transportation, a division of RLI Insurance Company, announced today a partnership with Samsara, an Industrial IoT company that provides sensors and software to manage vehicle fleets and industrial operations. The partnership will provide RLI Transportation customers within the large trucking, public auto, and commercial specialty auto industries with enhanced loss control resources through free… Continue reading RLI Transportation Announces Partnership with Samsara
Multi-Stakeholder Mobilization to Reinforce Cyber Resilience in Global Aviation
The Fourth Industrial Revolution is transforming the way airlines and airports do business. The advancement of technologies such as artificial intelligence and internet of things is increasing operational efficiency, but the digital nature of these technologies makes them intrinsically vulnerable to cyberattacks. Cyberattacks on critical infrastructure have become the new normal across sectors such as… Continue reading Multi-Stakeholder Mobilization to Reinforce Cyber Resilience in Global Aviation
The Hartford Expands Internet of Things Capabilities
The Hartford is expanding its Internet of Things (IoT) Innovation Lab and capabilities, bringing together the latest network-connected technology with the company’s expertise, data and risk management to improve workplace safety and help prevent or reduce property damage for its customers. “Connected devices represent an opportunity for insurers to help their customers proactively prevent claims… Continue reading The Hartford Expands Internet of Things Capabilities
Healthcare Organizations Lack Money, Tools, Talent to Address Biggest Cybersecurity Threats: Survey
Third-party vendor risk and medical devices are the biggest cybersecurity threats that keep healthcare IT security executives awake at night, according to a new survey. However, the action needed to actually address these threats is lagging, the survey found. Forty percent of healthcare security leaders said third-party risk is the threat that concerns them the… Continue reading Healthcare Organizations Lack Money, Tools, Talent to Address Biggest Cybersecurity Threats: Survey
2019 Cyber Security Predictions: Symantec
In anticipating the major cyber security and privacy trends for the coming year, you can find plenty of clues in the events of the past 12 months. Among the now familiar forms of attack, cyber hacks of major corporate systems and websites continued in 2018 and will inevitably be part of the 2019 cyber security… Continue reading 2019 Cyber Security Predictions: Symantec
IoT Could Unleash More Insurance Innovation: Lloyd’s
The advent of the Internet of Things (IOT) has the potential to increase complexity and amplify risk, but it could also enable more innovation throughout the entire insurance value chain, including the way claims are settled in future, according to new research from Lloyd’s. “Networked World: Risks and Opportunities in the Internet of Things”, published… Continue reading IoT Could Unleash More Insurance Innovation: Lloyd’s