Technology & Analytics
Intelligent Automation in Loss Reserving: Why Actuaries Need Help From Robot Analysts
Among the many things that have changed how the actuarial field functions is an underlying movement to automate. By integrating cognitive computing capabilities into their actuarial processes, ...
Walsh’s Goal at Google: To Make Cloud Operations ‘De Facto Standard’ for Insurance Industry
Nigel Walsh, the new managing director, U.S. Insurance for Google Cloud, has an ambitious goal for his new job. "My mission, together with the rest of the team, is clear," Walsh said. "We want to ...
Next Insurance Partners With Amazon to Boost Reach of Its Small Biz Insurance Cover
Next Insurance is turning to Amazon's business customer arm to boost the reach of its small commercial insurance policies. The InsurTech has formed a partnership with Amazon Business Prime where ...
Hippo and AXIS Insurance Form Separate Partnership Deals
Hippo said it has formed two new partnerships that will deploy automation to boost speed and processing of its back-end customer claims services. AXIS Insurance said it formed a strategic partnership ...
DeepSee.ai Raises $22.6 Million to Expand Reach of Knowledge Processing Automation Platform
DeepSee.ai, a knowledge processing InsurTech, said it has raised $22.6 million in new financing, money that will help expand its initial client base beyond capital markets and insurance verticals. ...
VC Viewpoint: The Insurance Carrier Is Back in Fashion
As money began to flow into InsurTechs back in 2014 and 2015, these companies essentially fell into two categories: You were either a provider of technology to insurance companies or a distributor of ...
Status of Certain Casualty Actuarial Ratemaking, Reserve Principles in Flux
A task force of the National Association of Insurance Commissioners is asking the board of directors of the Casualty Actuarial Society to reverse a decision to rescind a "statement of principles" of ...
Hi Marley Envisions Expansion of Its Intelligent Communications Platform With $25M Venture Investment
Hi Marley raised $25 million in new funding it will use to fuel further expansion of its AI-enabled texting platform for the insurance industry. Emergence Capital led the Boston-based InsurTech's ...