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Incumbents fuel InsurTech investment momentum in Q4 2017

Incumbents are exerting an increasing level of influence on the start-up community as part of an emerging trend described as ‘The Sobering of InsurTech,’ according to the fourth Quarterly InsurTech Briefing from Willis Towers Watson

Silent cyber added to Willis Re’s cyber portfolio management tool PRISM-Re

Willis Re has upgraded its cyber risk portfolio modelling tool PRISM-Re to now include silent cyber. The innovative 2018 update to PRISM-ReTM offers the insurance market access to the stochastic modelling of cyber losses on a worldwide basis, arising from insurance policies not specifically designed to cover cyber risk.