News
Claims InsurTech Tractable AI Raises $65M in Funding Led by SoftBank
Tractable, the London-based InsurTech that uses artificial intelligence (AI) for visual claims assessments and disaster recovery, announced a $65M Series E investment led by SoftBank Vision Fund ...
Tailored Products, Personalized Services, Affordability Desired by Policyholders: Survey
Policyholders today are zeroing in on an insurer's reputation, premium affordability, and personalized services and products when shopping for insurance coverage, according to results of a new ...
Outcomes the Focus of US Businesses’ Cybersecurity Strategy
As cyber attacks grow in frequency, U.S.-based companies are managing the risk by tapping their current cybersecurity systems already in place, according to a new report by Information Services Group ...
New US Special Probe Opened to Investigate Fatal Tesla Crash
The National Highway Traffic Safety Administration said Tuesday it is opening a new special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 where advanced ...
Business Leaders Appear Less Concerned by Cyber Risk: Report
The worldwide impact of cybercrime on business is predicted to balloon to $10.5 trillion by 2025, but boardroom focus on cyber risk appears to be diminishing, according to a Beazley risk and reliance ...
Reinsurance Broker Augment Launches With Access to $100M in Funding
Augment, a new Miami-headquartered reinsurance broker, announced its official launch with access of up to $100 million in funding from Altamont Capital Partners. Over the last decade, the global ...
Dangers of Muscle Cars Highlighted in New IIHS Analysis
Muscle cars, known for their high horsepower and hot rod image rank among the deadliest vehicles on the road, both for their own drivers and for people in other vehicles, according to recent analysis ...
Race Toward ‘Autonomous’ AI Digital Assistants Grows
Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is raising the stakes, powered by the latest version of the ...