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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 ...
Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based InsurTech analytics firm, to better predict key ...
Aon has completed the $4.3 billion cash sale of its benefits administration and HR business process outsourcing platform to Blackstone-affiliated private equity funds. The sale will generate up to ...
OmniEarth, a developer of learning technologies and decision-making tools for insurance and other industries, has been acquired. The buyer: EagleView, a provider of aerial imagery and data analytics ...
For insurers, the new world of big data and analytics is one that's relatively unregulated. With that in mind, executives would do well to use these technologies responsibly so they don't stimulate ...
The insurers that will best incorporate data analytics into their daily operations have multinational scale and are already technology savvy in their underwriting practices, Fitch ratings concluded ...
CoreLogic President and CEO Anand Nallathambi has passed away after a brief illness. Nallathambi held both titles with company since 2010. CoreLogic is known for providing catastrophe modeling, as ...
There is little uncertainty that commercial auto is in a time of turbulence. Between the enormous claims payouts, increasing claim frequency and escalating issues with driving behavior, something ...
W.R. Berkley Corp.'s president and CEO chided the property/casualty insurance industry for being slow to change and embrace technology to improve efficiency and meet customer demands. "We continue to ...
Liberty Mutual's Safeco Insurance appointed a new president,an insider who has focused on analytics and other innovations. Tyler Asher takes over Safeco after nearly 18 years with the insurer in ...
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