Latest Automation Optimization Headlines

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

Amazon’s Heavily Automated, Frugal HR Leaves Sick Workers in Limbo

Jun 8 2020 // Tony Banks told Amazon.com Inc. right away when he tested positive for Covid-19. More than a month later, he’s on the mend, but struggling with fatigue and shortness of breath that makes most physical activity feel...

Navigating today’s uncertain insurance climate using Automation. How one company is helping Texas Agents figure it all out!

May 20 2020 // West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for...

Insurtech Demo Day 2020

Apr 29 2020 // Just a week shy of our Virtual Insurtech Summit, to air Wednesday, May 6th, I attended the virtual Demo Day of the Hartford Insurtech Hub on Tuesday, April 28th. As the host for our upcoming Summit, I’ve spent time...

Why Artificial Intelligence Is Not the Answer for All Businesses

Apr 3 2020 // The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before they pursue automation that could...

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Mar 23 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.Unfortunately, the...

U.S. Lags Europe in Driver Assist Technology Safety Testing

Mar 2 2020 // Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely “pilot” cars without regular human...

Broker Investor Group Selects 12 Insurtechs for First Cohort

Feb 27 2020 // BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 insurtechs for its first cohort that convenes March 2 in Des Moines, Iowa, for a five-week...

Safety Board Hits Tesla Autopilot Design, Regulator’s ‘Misguided’ Approach

Feb 26 2020 // The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.’s lack of system safeguards in a fatal 2018 Autopilot crash in California and called U.S. regulators’ approach in overseeing the...

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Feb 24 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.Unfortunately, the...

Viewpoint: 4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Feb 20 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs.Unfortunately, the...

Viewpoint: 3 Ways Technology Makes Insurance Broker RFP Responses Easier

Feb 19 2020 // Requests for proposals (RFPs) are everywhere these days. As internet sourcing makes the market more competitive, insurance brokers who are able to quickly and accurately complete RFPs can see huge benefits and gain a...

Judge Rejects Argument That Insurer Acted in Bad Faith by Using Automated Bill Pay

Feb 4 2020 // For the second time in a year, a federal judge rejected a plaintiff attorney’s argument that an insurance carrier acted in bad faith by using the Mitchell Decision Point program when calculating the value of a...

Coastal Insurance Underwriters, Inc. Acquires Assets of Tech Company Partner

Jan 15 2020 // Ponte Vedra Beach, FL, January 15, 2020 – Coastal Insurance Underwriters, Inc. (Coastal), a Ponte Vedra Beach Florida based MGU and program administrator, announced the acquisition of Cybercom International...

It’s Not Just Factories Turning to Automation to Stem Wage Growth, Boost Earnings

Oct 23 2019 // U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate...

B3i’s Blockchain Re/Insurance Network Begins to Offer Real-Life Industry Solutions

Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...

Travelers Joins MIT Research Groups Focused on Autonomous Transportation

Oct 10 2019 // The Travelers Companies has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE), organizations working to advance...

Regional Greenhouse Gas Initiative Grows by Another State

Oct 3 2019 // Pennsylvania Gov. Tom Wolf on Thursday ordered his administration to start working on regulations to bring Pennsylvania into the Regional Greenhouse Gas Initiative.The initiative is a nine-state consortium that sets prices...

Automated Driver Assist Cars Still a Work in Progress

Sep 9 2019 // To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead.But to the Tesla Inc. Model S traveling down a Southern California freeway last...

5 Insurtechs Working to Improve Agency Processes, Efficiency

Aug 26 2019 // Independent insurance agents can find sifting through the many insurtech products to pinpoint ones suited to their needs is a daunting assignment.But it’s an assignment they must tackle, according to agency...

Crying Robots Aside, Insurance Industry Shouldn’t Fear Artificial Intelligence: Viewpoint

Aug 22 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...