CTO / Technology
Insurers Ramp Up Wider Big Data Embrace for 2016: Novarica
Insurers appear ready to accelerate their embrace of big data, analytics and other aspects of emerging technology as they head into 2016, Novarica concluded in its third annual report on the matter. ...
AIG Invests in Worker Safety Wearable Device Tech Startup
AIG is investing in an early-stage technology startup developing wearable devices, analytics and systems to improve worker safety. Financial terms of the mega-insurer's investment in Human Condition ...
Farmers Debuts Rideshare Insurance in Oklahoma and Ohio
Farmers Insurance has started offering rideshare insurance in Oklahoma and Ohio, a move that dovetails with new laws in both states dictating coverage for ridesharing drivers. Farmers said it worked ...
Zurich Insurance and the Other Top News Stories of 2015
What's ailing Zurich Insurance? That question was the focus of Carrier Management's top news story in 2015, a piece that drew enormous reader interest. Switzerland's largest insurer faced plenty of ...
Hyatt Hotels System Infected with Credit-Card-Stealing Malware
Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at ...
Chinese Insurer Scored Using Drones to Analyze Tianjin Explosion
When an explosion devastated parts of China's Tianjin port in August, one insurance company turned to Chinese-made drones to help analyze the rubble and estimate the damages. Comparing satellite ...
Tasks Done by Agents, Underwriters, CEOs Can Be Automated: McKinsey
Machines can take over a chunk of the activities of nearly every one of 750 occupations studied by researchers from McKinsey Global Institute recently—including chief executive officers and several ...
Allstate Dives Deeper into Commercial Drone Research
Allstate said it has taken two strategic steps designed to advance its use of commercial drones for property claims. The property/casualty insurance giant said it has teamed with EagleView ...