artificial intelligence News
InsurTech Startup Hippo and Elafris Partner on Virtual Agent Chatbot
InsurTech startup Hippo, an online provider of home insurance founded in 2015, and Elafris Inc., the developer of an artificial intelligence messaging platform specifically tailored for the banking ...
Are Underwriters, Agents Endangered by AI?
"Meet your new underwriter." That's the caption under a photo of a robotic hand holding a pen that the digital news outlet Quartz (qz.com) used to introduce a recent article about an insurer using ...
AI and Insurance: Are Claims Jobs in Danger?
Mirroring the actions of at least one large Western insurer, a Japanese life insurer announced it would introduce cognitive computing in its claims department in late December. Unlike other insurers, ...
Artificial Intelligence in Commercial Insurance
"Artificial intelligence" (AI) is splashed across the daily headlines. For example, an AI application recently beat the human Go champion, autonomous cars are edging closer to mainstream use, social ...
Artificial Intelligence in Personal Insurance: ChatBot Agents, RPA ‘No Shoring’ AdminBots and More
The impact of artificial intelligence (AI) in personal insurance is twofold. On the one hand, rapid advances that incorporate a number of AI aspects are occurring in partially autonomous and fully ...
Human Robots: Will They Kill the Financial Services Industry?
We have been publishing a lot of articles about machines learning to think more like humans. But does that mean that we have to make humans behave like robots? The question doesn't seem like a ...
Two Sigma Co-Founder Siegel: Machines Taking Over Human Jobs Worrisome
David Siegel, co-founder of $35 billion quantitative hedge fund Two Sigma, says he's "very worried" that machines could soon cost large swaths of the global workforce their jobs. "Most people in the ...
Google Chairman Says Standards Needed to Unlock Promise of Artificial Intelligence
Google's chairman thinks artificial intelligence will let scientists solve some of the world's "hard problems," like population growth, climate change, human development, and education. Rapid ...