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Artificial intelligence and machine learning are increasingly embraced by U.S. carriers as they seek to remain competitive and modernize their operations, a new LexisNexis Risk Solutions study has ...
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 ...
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 ...
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 ...
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 ...
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 ...
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' ...
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 ...
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. ...
Artificial intelligence? Machine learning? Thinking big is great, but before insurers begin to pursue such advanced big data projects, they must not lose sight of the fundamentals. They must first ...
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