Innovation
Travelers Is Training Dozens of Its Claims Professionals to Operate Drones
Travelers' Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The ...
Artificial Intelligence Is Helping Zurich Insurance With Personal Injury Claims
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. "We recently introduced ...
Avoiding Birds Is Big Focus of Amazon’s Delivery-Drone Research
Amazon.com Inc.'s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started ...
The Latest Launches From The Hartford, SOMPO Holdings and AXA
The Hartford debuted a new risk management information system to help large commercial customers at highest risk for loss. Two divisions of Sompo Holdings are launching a natural catastrophe risk ...
AIG, Hamilton, Two Sigma Sign Agreement to Expand Data-Driven Underwriting
American International Group, Hamilton Insurance and an independent affiliate of Two Sigma Investments signed a multifaceted agreement with an eye on boosting their use of data-driven underwriting on ...
Novarica’s Take: Try Culture and Free Food
In a report published in April, "Managing Innovation in Insurance," Novarica revealed that 46 percent of large P/C insurers and 31 percent of midsize P/C insurers are expanding innovation programs. ...
Celent Report: P/C Innovation Picking Up Steam But Not ‘Disruptive’ Yet
The people specifically charged with moving innovation forward at property/casualty insurance companies are more optimistic about reaching their goals and garnering organizational support for their ...
Bunker, a Small Business Digital Insurance Marketplace, Raises $6M Series A
Bunker, a startup broker focused on independent contractors and small businesses, has raised $6 million in Series A funding that will help fuel product development and expansion. Hiscox and American ...