Insurance Technology Featured Article

CloudInsure Announces Agreement with Guy Carpenter & Company

October 05, 2012

CloudInsure, the world's first cloud insurance platform designed to specifically address emerging liabilities within the cloud environment, has entered into an agreement with Guy Carpenter & Company, LLC, global reinsurance intermediary. 

Thanks to this agreement, CloudInsure will now be positioned to establish relationships with primary insurers to offer privacy & security liability coverage to meet the growing needs of the cloud computing space for enterprise customers, bringing insurance solutions that move at the pace of cloud technologies.

"We believe that CloudInsure has developed a sustainable solution and methodology, based on solid analytics and data, which will foster this emerging marketplace,"  Tony Jones, vice president at Guy Carpenter, said in a statement.

Jones said Guy Carpenter's role as a trusted reinsurance intermediary uniquely positions them to assist in further advancing the marketplace by developing the risk transfer mechanisms and innovations required to support primary insurer adoption on a large scale.

Guy Carpenter & Company, LLC is a global player in providing risk and reinsurance intermediary services. With over 50 offices worldwide, Guy Carpenter creates and executes reinsurance solutions and delivers capital market solutions for clients across the globe.

"The insurance industry needs the cloud industry, and cloud industry needs the insurance industry – they just don't know it yet," said Mike Paisan, CEO at CloudInsure.

"We see that for cloud companies, and tech in general, innovation and adoption is happening at a faster rate than a single insurance company can manage on their own, we anticipate great support and partnerships from the primary insurance, with opportunities in these markets on the scale of cloud,” said Paisan.

CloudInsure is a wholly-owned subsidiary of Cyber Risk Partners LLC, offering a cloud insurance platform designed to specifically address emerging liabilities within the cloud environment.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO Austin 2012, happening now in Austin, TX. Stay in touch with everything happening at ITEXPO (News - Alert). Follow us on Twitter.




Edited by Braden Becker

Article comments powered by Disqus

Related Insurance Technology Articles

Independence Holding Company Platform Administers Health Products on Private and Public Exchanges

As those who live in the U.S. have become more than aware in the past few years the administration of health care exchanges, be they public or private, is an extremely difficult to do not just correctly but cost-effectively as well. News from Independence Holding Company is that IHC Health Solutions, Inc., which administers multiple health insurance lines of business for IHC's carriers and other insurance companies, has launched EbixEnterprise, a state-of-the-art system in conjunction with Ebix,… [ Read More ]
02/26/2015

PROS Cameleon CPQ Provides Insurer AG2R LA MONDIALE Greater Agility and Flexibility

PROS Cameleon CPQ enables French insurance group AG2R LA MONDIALE to expand its multi-channel sales capabilities. [ Read More ]
02/25/2015

Wheelings and Dealings: New JV Acquires Tindall Associates

In terms of the other joint venture partner, LOGiQ³, it has been a partner to msg global solutions since May 2013, and is well grounded in working with TAI as it has used the TAI system for its Reinsurance Administration outsourcing business over several years as a consulting and outsourcing services provider. [ Read More ]
02/23/2015

Black Book Foresees Rise in Payer-Funded Private HIEs

A new research study from Black Book Rankings, a research institution for the clinical technology industry, explores the current state of and future predictions for health information exchanges (HIEs). HIE adoption is still quite low, but there is a growing need for providers and payers to share health information and industry consolidation is expected to lead to a mass rejection of public, government-sponsored solutions in favor of private HIEs for enterprise-grade interoperability. Furthermore… [ Read More ]
02/18/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!