Technology & Analytics
Rethinking Insurance Work: How Claims Processing, Agent Jobs Will Change
Technology, artificial intelligence (AI) and the Internet of Things (IoT) offer new opportunities for insurance companies to be more cost-effective and innovative. However, in order to maximize these ...
Reinsurer Scopes Out Innovations on the Horizon
As the world has advanced, we have seen some astonishing developments in technology. Computers used to fill a room; now one can sit on the palm of your hand. Phones once required an operator in a ...
Cognitive Computing Takes Off
Cognitive computing is catching on fast among property/casualty insurance companies, which are embracing the new technology in pursuit of labor efficiency more than labor replacement—at least for ...
Marketing, Telematics Help Carriers Counter Auto Insurance Price Hike Unhappiness: J.D. Power
About 26 percent of U.S. auto insurance customers have seen rate hikes so far this year, and they're not happy. However, it looks like clear communications from carriers can help mitigate any price ...
AIG’s ‘Smart Contract’ Is First Multinational Insurance Policy Powered by Blockchain
American International Group, IBM and Standard Chartered Bank have successfully piloted what they say is the first multinational, "smart contract"-based insurance policy using blockchain. Utilizing ...
Virtual Claims Startup Snapsheet Raises $12M Round, Led by Tola Capital
Virtual claims technology provider Snapsheet has closed a $12 million series D round led by venture capital firm Tola Capital. This marks nearly $50 million in funding since the startup launched in ...
Seeing the Future of Claims and Insurance Through a Virtual Lens
Virtual and augmented reality could be a game changer for claims, allowing easy-to-access training modules for claims staff, loss control professionals and even workers already on jobsites. So, what ...
EXCLUSIVE: Hamilton Insurance Chief Strategy Officer Deutsch to Depart; Helped Build U.S., Lloyd’s Operations
Bob Deutsch, Hamilton Insurance Group's first-ever chief strategy officer, is leaving his position. Deutsch's planned departure after three years on the job is connected largely to several corporate ...