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For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate executives also assuring listeners the carrier has various ...
The majority of insurers have implemented sophisticated predictive models over the past decade, often in their pricing and automotive lines of business. Despite strong evidence of impact, many are ...
Metromile hired former Tesla executive Colleen Qiu as its new vice president and Head of Data, representing another recent high-profile executive hire from outside the insurance industry. In May, the ...
InsurTech DataCubes raised its first funding round of $2.5 million just under two years ago and continues on a growth trajectory today. (Hint: more fundraising is planned in the near future.) The ...
Guidewire Software Inc. will fork over $275 million to acquire Cyence, a software startup that uses data science and risk analytics to help P/C insurers address emerging risks including cyber, ...
Insurance company employees wondering where all their bosses are this week should not be worried. It's a good bet the executives are safe in Las Vegas at the second annual InsureTech Connect ...
DataCubes, a data science platform startup that enables carriers to accurately quote commercial insurance policies by asking customers a few simple questions, has completed a Series A funding round ...
With roughly one-in-three insurance companies expanding or piloting data science units in 2016, they may be facing an unanticipated problem—friction between their actuaries and data scientists, ...
Big data is one of the signature issues of our time—and also one of the more poorly understood. Discussions of the topic often are clouded by what I call the "two dogmas of big data." The first is ...
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