Michael Fitzpatrick

3 weeks ago | leadersedge.com | Michael Fitzpatrick |Zach Ewell

Ashwin Kashyap, co-founder of the cyber risk analytics and modeling firm CyberCube, discusses how AI has enhanced attacks, including phishing, deepfakes, and social engineering, and cautions that autonomous AI agents may further raise the threat level. Q How have cybercriminals been using AI to support their attacks? A I’ll give a nuanced answer to this across multiple dimensions. AI has become a force multiplier for cybercriminals, making their attacks more effective and scalable.

1 month ago | leadersedge.com | Michael Fitzpatrick |Sandy Laycox

Satellite observation company ICEYE announced that it had raised another $65 million as of December—an extension of its April 2024 growth funding round of $93 million, bringing total funding to more than $500 million since its founding a decade ago. Finland-based ICEYE’s satellite constellation offers cloud-penetrating capabilities to provide natural catastrophe monitoring with hazard and damage data to aid the disaster response.

1 month ago | leadersedge.com | Michael Fitzpatrick |Zach Ewell

Q Broker Insights has talked about the knowledge gap between brokers and insurance markets. Where are those gaps? A Gaps exist between the appetites carriers have, the business that they want to underwrite, and the customer requirements and/or the sales objectives that the broker has to fulfill. Carrier appetites, as we all know, change based upon market conditions, carrier capacity, ability to execute, where they’re at in a market cycle, and their own product lines.

Jan 15, 2025 | leadersedge.com | Michael Fitzpatrick |Zach Ewell

Industry Technosavvy the Jan/Feb 2025 issue Paris-based parametric insurance specialist Eve Dartigues explains why the world’s largest sensor-based policy to date marks an important step forward in earthquake coverage. Q What advantage does parametric coverage offer in comparison to traditional earthquake policies, particularly in California, which has the highest risk in the United States? A Parametric insurance can fill gaps in insurance coverage.

Dec 2, 2024 | leadersedge.com | Michael Fitzpatrick |Zach West

Cloud computing giants Amazon, Google, and Microsoft are looking to new and existing nuclear installations to meet their data center energy demands, while stressing that this strategy aligns with the goal of reducing carbon emissions. Soaring AI use will increase global data center power demand by 160% as of 2030, potentially doubling the facilities’ carbon dioxide emissions, Goldman Sachs Research estimates.