Technology & Analytics
How We’re Doing It: Science Fiction Becomes Reality When Insurers Become Tech Companies
Get a quote for life insurance just by sending a selfie or for your house by answering a few online questions. Keep track of your oral health using the smart toothbrush provided by your dental ...Duck Creek Invites Entries to First Ecosystem ‘Hatch-a-thon’
Duck Creek Technologies is calling for partners and customers to enter the company's first ecosystem hack-a-thon, aptly named "Duck Creek Hatch-a-thon." The event will occur during the company's user ...
Predictive Analytics, AI Are Helping Insurers Fight Fraud
Insurers are getting a larger share of suspicious claim referrals from fraud-detection technology and are increasingly using artificial intelligence to sift through data, according to a new study by ...
The Climate Is Changing. Here’s How Insurers Can Change With It
As the effects of climate change make themselves increasingly apparent in our world, businesses and individuals alike are rising to the occasion, in ways big and small, to help protect the ...
Be Literal With Chatbots. Figurative Language Confuses Them
Computer scientists recently examined the performance of dialog systems, such as personal assistants and chatbots designed to interact with humans. The team found that when these systems are ...
Tech Bytes: New Partnerships at Bindable, Root, MAPFRE and DUAL
Bindable, an InsurTech for alternative distribution, joined Guidewire's Insurtech Vanguards Program, a new initiative led by property/casualty cloud platform provider Guidewire to help insurers learn ...
How to Improve Insurance Outsourcing Contracts
(Part 2 of 2) Most insurance outsourcing contracts favor the provider, according to our firm's analysis of the language in typical contracts in place today. In our previous article, we graphically ...
Why Are Insurance Outsourcing Contracts So Bad?
The insurance industry has changed dramatically over the past decade in response to increasingly stringent regulations, changing consumer preferences and falling interest rates. Over just the past 18 ...