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

Anadolu Selects Sapiens to Better Serve Turkish Insurance Market

Leading Turkish insurer adds Sapiens modules to provide enhance customer experiences and improve operations. [ Read More ]
05/28/2015

Wolters Kluwer UK Selects Vlocity Insurance to Enhance Online Customer Experience

For several months the buzz around the insurance industry has been that insurers should have a sense of urgency about investing in technology, specifically those that enhance the customer experience-or suffer what some observers believe will be dire consequences for those who continue to be laggards. The message seems to be resonating as indicated by the announcement that cloud software solutions specialists, San Francisco, California-based Vlocity Inc., has been selected by the U.K. division of… [ Read More ]
05/21/2015

Flowfinity Partners with Marshall & Stevens on Improving Efficiency

While most companies believe that moving to digital services and mobile applications helps efficiency, there is now a new report that seems to underline that fact. Flowfinity Wireless, already a proven provider of enterprise mobile applications recently released a new case study that showed just how much this efficiency can be improved. This new report centered on the valuation consultancy firm, Marshall & Stevens. This firm took measures such as replacing scanned notes with mobile apps, which r… [ Read More ]
05/18/2015

Zenefits Fights Legal Obstacles in Business Model that Provides Free Software

Zenefits has found itself recently involved in several court battles with state insurance regulators over whether or not their business model constitutes an illegal rebate. It is the latest example of technology taking market share from an industry whose services are traditionally provided through brokers. [ Read More ]
05/12/2015

Events

Weekly Live Demo
Contact Center Solutions

Register Today!