Technology & Analytics
Taking the Digital Route to Lower Commercial Auto Losses
It's an unfortunate truth that commercial automobile insurance hasn't been a profitable line of business for years. According to industry reports, even though commercial auto rates increased for 31 ...
Liberty Mutual Focuses on Developing Next-Gen WC Claims Management System
Liberty Mutual said it is developing a next-generation workers compensation claims management system in order to help maintain and boost its market share. "We're building a system that will help us ...
Analysts Curious About AIG 200 Transformation Initiative; Details Wanted
Less than two years after Brian Duperreault took the helm at American International Group, his first big accomplishment has become clear: The carrier's P/C business is on track to produce an ...
Large Cities Must Invest Billions of Dollars More to Secure Citizen Data: Study
The world's largest cities need to invest billions of additional dollars into their infrastructure in order to secure citizen data, new research suggests. Of the roughly $135 billion expected to be ...
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...
Autonomous Vehicles: InsurTech Investors Push for a Front Row Seat
Before manufacturers let autonomous vehicles loose on public roadways, they'll have to show that their driverless cars are a lot better than humans at getting from Point A to Point B without ...
Root Reportedly Nears Finish of $350 Million Financing Round: WSJ Report
Root Insurance is reportedly nearly finished raising $350 million in new financing, The Wall Street Journal is reporting. Roots' latest funding round is expected to be completed sometime this month, ...
Why Open Source, Blockchain-Powered Infrastructure Matters
I started my career as the first network administrator at the University of California, Davis. Part of my job was to help build the Bay Area Regional Research network, one of 10 National Science ...