CTO / Technology
Commercial Lines Insurers Plan Predictive Modeling Embrace: Willis Towers Watson
Predictive modeling is becoming even more widespread among U.S. property/casualty insurers, with rapid gain likely in the coming years for commercial lines carriers. The big news: Two-thirds of the ...
Forget Driverless Cars. How About a ‘Flying Taxi’?
A Bavarian start-up is developing a five-seat "flying taxi" after successful test flights over Germany of a smaller version of the electric jet, the company said on Thursday. Munich-based Lilium, ...
Expect Technology to Become Significant Driver of Future Liability Claims: Allianz Report
Technology is expected to be a major driver of liability claims in the years ahead – cutting frequency and increasing new threats such as cyber, product liability and recall risk, according a ...
W.R. Berkley Hires Ex-Goldman Sachs Analyst to Assess Emerging Tech Company Investments
W.R. Berkley Corp. has hired a former Goldman, Sachs & Co. analyst to evaluate potential investments in emerging insurance technology companies. The executive, Michael Nannizzi, will be part of ...
Insurers Are Rapidly Adding ‘Virtual’ Customer Service Tools
Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to insurance, you'll just as likely end up dealing with a robot as a ...
Apple Nears Road Testing Start of Self-Driving Car Software
Apple Inc. will soon take its self-driving car software platform to public streets for the first time, a major step that gets the world's largest technology company into a crowded race to reshape ...
Young Agents Want the Tech Tools Needed to Compete Against InsurTechs
With so much attention lavished on InsurTech startups that vow to replace them, young insurance agents feel they are being shortchanged in the race to invest in insurance technology. Just give them ...
Storing Telematics Data in the Cloud Puts Driver Privacy at Risk: Research
Drivers' private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using connected-device, or telematics, functions in ...