Technology & Analytics
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 portfolio level. Portfolio ...
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. Over the past 10 years, severe convective ...
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 extreme weather events that can ...
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 expectations around technologies. When the practicalities of ...
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 talking about Gen AI ...
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 ...