data News
How Underwriters Can Use Data to Gain Competitive Advantage
The phrases "data is the new gold" or "data is the new oil" indicate data has become a commodity in the insurance industry, but how can insurers harness their data to make processes faster and more ...
InsurTech Profile: Data Fuels Counterpart’s Small Biz Focus
Data is Tanner Hackett's fuel. He used it to bring ecommerce to Malaysia and launch Button, a mobile commerce marketing company. Now, the entrepreneur is leaning on data — and insurance experts — ...
Bar Charts Bias Judgments More Than Line Graphs: Study
A new study suggests that the format in which graphs are presented may be biasing people into being too optimistic or pessimistic about the trends the graphs display. Academics from City, University ...
Bridging the InsurTech Divide with Data in 2023
The magic word to bridge a widening gap between successful and underperforming InsurTechs in 2023 is "data," according to a group of InsurTech experts who spoke with Carrier Management about their ...
What Happened to the InsurTech Revolution? It’s Just Beginning
If 2021 was supposed to usher in the revolution in InsurTech, it created an equal amount of confusion and confidence. On one hand, InsurTech companies enjoyed record fundraising in terms of both ...
Why Carriers Aren’t Being Commoditized, but Value-ized
Big tech companies with relevant consumer data have been eyeing the insurance industry for the past few years and looking at how they can use their insights into customer behavior to reinvent the ...
American Family Spinout Arturo Raises $25M to Expand AI-Driven Predictive Analytics Platform
American Family Insurance spinout Arturo pulled in $25 million in venture financing – a big boost to the company's AI-driven, property-centric predictive analytics platform. "A deeper property ...
AI Startup With Insurer/Reinsurer Partners Seeks Canadian IPO
Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about C$100 million ($79 million) in an initial public offering to strengthen its ...