Technology & Analytics
Auto Insurance Startup Root Expands, Links With Lyft on Car Rental Alternative
Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an ...
Data Glitch Causes Stock Price Swings for Apple, Google; $123.47 Price on Others
The prices of several big name NASDAQ-listed stocks appeared on some websites to either spike or plummet well after the closing bell last Monday, seemingly due to a glitch related to the market data ...
Valuable Revenue Stream Hidden in Insurance Carrier ‘Data Exhaust’
The chief executive officer of Quandl is on a mission to let insurance companies know that their data is valuable and professional investors will pay them for it. But a lot of insurers are oblivious ...
Getting Ready for AI: A 5-Step Practical Approach for Insurers
Artificial intelligence (AI) is rapidly proving its business worth across many industries, and insurance is no exception. AI can enable smarter ways to sell products and services, whether powering ...
New AIG CEO Duperreault Reiterates Desire to Focus on Acquisitions over Share Buybacks
American International Group Inc's new chief executive Brian Duperreault said on Wednesday the company would likely slow the pace of share buybacks and instead spend on acquisitions. "I'd love to ...
Realistic Steps for Improving Your Return on Insurance Data
The insurance industry's return on investment has reached its lowest level in decades, according to the 2016 Annual Report on the Insurance Industry by the U.S. Federal Insurance Office. Primary ...
AIR Worldwide Issues Crop Hail Model for Canada, Product Update for China
Catastrophe risk modeling firm AIR Worldwide released a Crop Hail Model for Canada to provide crop insurers with a probabilistic view of crop hail risk in Canada. Based on 10,000 simulations of ...
WannaCry-Like Cyber Attack Keeps Wreaking Corporate Havoc on Second Day
A cyberattack similar to WannaCry entered its second day, hitting businesses, port operators and government systems around the world, with companies struggling to retake control of their networks. ...