artificial intelligence News
Zurich Will Acquire AlphaChat, an Estonia-Based Conversational AI Company
Zurich Insurance Group agreed to acquire Estonia-based company AlphaChat, which provides conversational artificial intelligence (AI) technology for customer service automation, to further enhance the ...
Hosta.ai Raised $11.5M from USAA, Others to Further AI-Driven Property Assessment Tech
Hosta.ai, an artificial intelligence property assessment technology startup, has raised $11.5 million in new venture capital from a group of investors including USAA and The Cincinnati Insurance ...
Executive Viewpoint: Ethical AI and Data Transparency in Insurance
As environmental, governance and social (ESG) concerns permeate corporate agendas, businesses of all types need to be especially sensitive about how they use customer data. Insurance companies are ...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
AI Can Detect Workers’ Psychological Stress: Research
Depression is a worldwide problem, with serious consequences for individual health and the economy, and rapid and effective screening tools are thus urgently needed to counteract its increasing ...
Ex-AIG Exec Wilson Joins CLARA Analytics as CEO
A former AIG chief data officer is the new CEO at CLARA Analytics, a provider of artificial intelligence technology for the commercial insurance industry. The company's board of directors chose ...
Swedish Tech Startup Haidrun Releases Insurance-Focused Enterprise Blockchain Platform
Swedish tech start-up Haidrun debuted an enterprise blockchain platform targeted at insurers and reinsurers. Haidrun's private blockchain platform is pitched as eliminating suspicious and duplicate ...
Shift Technology Raises $220M to Advance AI-Driven Insurance Technology
Shift Technology raised a whopping $220 million in new venture investment designed to advance its products and services that rely on artificial intelligence and big data technology to optimize ...