Nearmap Launches AI-Powered Portfolio Product
Nearmap, a location intelligence provider to insurers, has announced the launch of a pre-built AI-powered tool that allows insurance carriers to analyze risk at the ...
Technology & Analytics
Rise of the Frequency Perils
There's no denying the frequency (aka secondary) perils have taken front and center stage when it comes to weather-related disasters and insurer claims.
Winter Weather Loss Prevention: A Strong ROI Opportunity for Property Insurers
Non-weather-related water perils are a part of all insurers' books of business. But our environment is experiencing what seems to be increasingly unpredictable and ...
More Autonomous Trucks: Waabi, Volvo Partner to Boost U.S. Adoption
A new, long-term strategic collaboration between Waabi and Volvo is set to scale up the adoption of autonomous trucks in the United States, according to a press release issued this week by Waabi, an ...
How to Quench the Insurance Data Drought
There's no doubt that AI, and generative AI (GenAI) especially, is in a hype cycle.
Unfortunately, hype cycle exuberance can inflate ...
AI Vehicle Inspection Startup UVeye Raises $191M
UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in ...
Avoid Digital Transformation Remorse by Applying These Three Principles
Generative AI messaging is everywhere. New products continuously enter the market touting Gen AI capabilities. Established solutions regularly release new features ...
Top 5 Technology Predicaments Facing Insurance Leaders
As insurers look for ways to navigate evolving risks, some have pinned their hopes on generative AI (GenAI) as a quick fix. But allegations of faulty algorithms rendering unfair denials have fueled ...
Global Study Finds Biometrics Top Cybersecurity Choice to Combat Deepfakes
The risk of deepfakes is on the rise with almost half of organizations (47 percent) reportedly encountering a deepfake already, according to a new study by iProov, a biometric identity provider, ...
The Future of Reserving Is…Complicated
Reserving is, on the face of it, one of the simpler elements of actuarial science (once companies get past the nuances of triangular data tables). They look at the way ...