machine learning News
QBE Invests in a Third AI Startup, With Plans to Use the Tech Internally
QBE Insurance Group Ltd.'s venture capital arm is betting once again on artificial intelligence with its third investment in the space—this time with a startup focused on developing the technology ...
UK InsurTech Startup Inzura Raises $1M to Fuel Machine Learning/AI Growth Plans
Inzura, the London-headquartered InsurTech startup, announced the completion of its first major funding round, raising $1 million to pursue what it said will be ambitious growth plans. Investors ...
When to Use Chatbots in Insurance
New technologies generate a great deal of excitement, and there's a positive buzz right now about the potential impact of artificial intelligence, machine learning and automation in the insurance ...
Machine Learning From the Insurance Trenches
There has never been a book that changed my world view like "The World Is Flat" by Thomas Friedman. I was in my early 20s, and the book helped me realize I was competing with other workers throughout ...
American Family Beefs Up Data/Analytics Capabilities With Networked Insights Acquisition
American Family Insurance has purchased a data and analytics software company in a move it said will help accelerate its digital transformation. Financial terms were not disclosed for American ...
Machine Learning at an MGA
Machine learning, AI, cognitive computing and predictive analytics—terms that are oftentimes used interchangeably these days—are washing over the insurance industry with promises of increased ...
QBE Invests in, Links With, Machine Learning InsurTech Startup RiskGenius
QBE has signed a multi-year commercial use agreement with RiskGenius, a machine learning company that helps carriers, brokers and regulators analyze policy and endorsement language and aid in product ...
CEO Viewpoint: How Biz Insurers Can Jump on the E-Commerce Bandwagon
It seems like InsurTech has become the term du jour over the last nine months. It is often used to imply destruction, disintermediation, disruption and disaster (the four Ds) for the insurance ...