Technology & Analytics
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 ...
Smart Guns Could Be Available in U.S. in 2022
Personalized smart guns, which can be fired only by verified users, may finally become available to U.S. consumers after two decades of questions about reliability and concerns they will usher in a ...
Travelers Expands Telematics Offerings With IntelliDrivePlus
The Travelers Companies Inc. is expanding its telematics auto insurance offerings with the launch of IntelliDrivePlus, an app-based program that calculates a new premium at each renewal by measuring ...
Tech Bytes: New Partnerships at Blink Parametric, Duck Creek, SageSure and Hippo
InsurTech company Blink Parametric announced its partnership with AwayCare, a managing general agent (MGA) and provider of travel insurance products in Canada. The coverage will be underwritten by ...
Look Ma, No Hands: Semi Logs 80-Mile Public Road Trip Without Human
A semitruck completed an 80-mile route in Arizona with no human on board and no human intervention during the trip using technology developed by TuSimple, the company said Wednesday. The San Diego ...