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machine learning News
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Data Science Startup DataCubes Is Ramping Up Carrier Partnerships
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 ...![](/assets/bigstock-Venture-Capital-or-VC-words-on-85542155-135x100.jpg)
AI InsurTech Betterview Pulls in New Investment From Nationwide, EMC, Maiden Re, More
InsurTech startup Betterview has raised a $4.5 million investment, with three carriers participating in the financing. Nationwide Ventures, EMC Insurance and Maiden Re took part in the Series A ...![](/assets/bigstock-Dark-blue-technology-backdrop-36377800-135x100.jpg)
New Slice Labs Unit Relies on AI, Machine Learning to Help Clients Fine-Tune Their Operations
Slice Labs Inc., known for its on-demand insurance cloud platform, recently launched a new business unit. The division, named Slice Mind, centers around an "insight engine that helps companies with ...![](/assets/insurtech-hands-580x346-135x100.jpg)
InsurTech Startups Click2Sure, Jooycar, Attract New Financing
Greenlight Capital Re has invested in another startup, this time a digital insurance platform launched in South Africa. Miami-based private equity firm HCS Capital Partners said it has committed ...![](/assets/insurtech-hands-580x346-135x100.jpg)
Act 2 of the InsurTech Revolution Is on Its Way
The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and ...![](/assets/bigstock-Concept-of-hiring-new-vacancy-94506827-135x100.jpg)
Machine Learning Failure: Amazon Scraps Biased Recruiting Tool
Amazon.com machine-learning specialists uncovered a big problem: Their new recruiting engine did not like women. The team had been building computer programs since 2014 to review job applicants' ...![](/assets/bigstock-Businessman-with-illuminated-l-64002370-135x100.jpg)
Cautious Carriers Often Pursue Innovation Warily: A.M. Best
Insurers are reluctant pursuers of innovation, cautious about disruption that new technology and systems can cause, even as they see the need for such changes. A new A.M. Best survey found that most ...![](/assets/Artificial-Intelligence-135x100.jpg)
AI Investments Give Insurers 10X the Return: Accenture
Artificial intelligence, machine learning, analytics and other "intelligent" technology could help U.S. insurers boost their profitability by up to $20 billion, according to a new Accenture report. ...![](/assets/bigstock-Double-Exposure-Of-Businessman-139040621-135x100.jpg)