Latest Automation Optimization Headlines

All the headlines from our Automation Optimization Topic Page, ordered by recency.

P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson

Jul 15 2021 // Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s more, COVID-19 has been a major factor in the trend.The sector’s overall...

Labor Leader Urges U.S. to Require Human Drivers in Automated Vehicles

May 18 2021 // A senior American labor union leader will tell U.S. lawmakers on Tuesday that the government should require human operators in all self-driving passenger services to take over in the event of an emergency.Greg Regan,...

Digital Transformation Vital to Keeping London Market Competitive: Survey

May 17 2021 // Digital transformation is imperative to remaining competitive in the London market, according to the results of a new survey published by the International Underwriting Association (IUA). Companies identified simplifying...

Overtime, Flexibility, Automation Among Challenges in Pandemic Labor Reshuffle

May 11 2021 // If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job and family demands, the coming return to “normal” will pose a new set of...

Automakers Support Guidelines for Advertising Partially Automated Vehicles

Apr 29 2021 // DETROIT —The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using...

Insurers Warn that Drivers May Not Understand Limits of ‘Automated’ Car Technology

Apr 21 2021 // LONDON – Britain’s goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn.Insurers...

Banks See Rise Rise in ‘Smash-and-Grab’ Thefts from Automated Teller Machines

Feb 8 2021 // Convicted bank robber Willie Sutton, when asked why he robbed banks, famously said, “because that’s where the money is.”In today’s socially-distanced world, criminals increasingly are turning their...

BTIS to Automate Distribution with IVANS

Jan 27 2021 // Commercial lines insurer to automate appetite communications and market products directly in agencies’ daily workflowsTAMPA, Fla. – January 27, 2021 – IVANS®, a division of Applied Systems®, today announced...

U.S. Automated Vehicles Testing Program Expands to 52 Participants

Jan 13 2021 // The federal government’s program working with states and developers of automated vehicles has grown from a pilot operation to one with 52 participants.Participants in the National Highway Traffic Safety...

EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future

Sep 24 2020 // The investment will empower insurance companies, banks, and other financial institutions to build and optimize digital journeys with an AI-powered no-code platformTel Aviv, Israel – September 24, 2020 – EasySend, the...

Optimizing Producer Effectiveness: Using Stats Not Feelings

Sep 7 2020 // We were in the locker at half-time, down by two points. Kenny, our center, felt like he was playing a terrible game. He already had two fouls, and the guy he was guarding seemed like he was scoring at will.Coach then...

Experts Puzzled by Decline in Insurance Fraud Tips via Technology

Aug 25 2020 // Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two...

Why the Shotgun Approach Is Nearing Obsoletion

Aug 24 2020 // On the one hand, the shotgun approach to selling insurance has an incredibly bright future with the automated quoting systems available to the public (see Policygenius’ Series D round of $100 million, pitchbook.com)....

Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums

Aug 14 2020 // A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a...

Autonomous Vehicle Design Should Take Nothing for Granted

Aug 10 2020 // Driver mistakes play a role in virtually all crashes. That’s why automation has been held up as a potential safety game changer. But autonomous vehicles might prevent only around a third of all crashes if automated...

Robots Gain as Pandemic Lockdowns, Safety Issues Cause Factories to Automate

Jul 21 2020 // While a resurgence in coronavirus cases in Texas has brought many businesses to a screeching halt, eight robots have kept All Axis Machining’s metal fabrication facility in Dallas humming.The small, nimble robots...

Profit-Driven Automakers Race to Next Level of Not Quite Self-Driving Cars

Jul 15 2020 // Autopilot, ProPilot, CoPilot: Automakers have many names for new systems that allow for hands-free driving, but no safety or performance standards to follow as they roll out the most significant changes to vehicle...

No-code Platform for Insurance, EasySend, is Transforming the Digital Transformation Landscape

Jun 30 2020 // Tel Aviv, Israel, June 30, 2020 – EasySend empowers insurance and financial service companies to digitize any paperwork-based process in a matter of days, including claims, policy issuance, customer onboarding,...

AI-Powered Supply Chain Software in Demand Amid Coronavirus Disruption

Jun 19 2020 // For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread...

U.S. to Publicly Share Autonomous Vehicle Testing Data

Jun 15 2020 // U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle testing.U.S. states have a variety of regulations governing self-driving...