Technology & Analytics
What the NAIC’s Guiding Principles on AI Say
"AI will be life-changing for insurance companies and consumers alike, raising the question of how regulators can ensure that models and algorithms and machine learning don't simply scale-up the bad ...
Consumers Willing to Share Personal Data With Insurers Despite Data Security Concerns
If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to ...
European Researchers See AI as Building Better Weather Data
European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European ...
InsurTech Joshu Raises $3.7M for Commercial Insurance Digital Platform
The InsurTech Joshu raised $3.7 million in seed funding to advance its digital tools designed to help carriers and MGAs bring their commercial insurance business online. Blumberg Capital led the ...
InsurTech in 2021: Embedding, ‘Digital Indigestion’ Recovery and More
Experts looking at the InsurTech sector for 2021 see both more of the same and new things ahead. Some predict more IPOs, M&A and partnerships. Others expect new InsurTech ideas to fully take ...
Data Provider CoreLogic Reportedly Attracts Two Possible Suitors
CoStar Group Inc. and a private equity group led by Warburg Pincus are the final bidders competing for data provider CoreLogic Inc., according to people familiar with the matter. CoreLogic, which is ...
2021 InsurTech NY Early-Stage Competition Looks to Bermuda
InsurTech NY and the Bermuda Business Development Agency are teaming up for the 2021 InsurTech Early-Stage Competition. Bermuda's lucrative reinsurance market could benefit from the arrangement, ...
Insurance Today and Tomorrow: A Deep Dive Into RPA, AI and Blockchain
Carriers will find themselves facing another series of unprecedented challenges heading into 2021. S&P predicted in July that the U.S. P/C industry will see a 100.7 combined ratio in 2020, ...