All the headlines from our Automation Optimization Topic Page, ordered by recency.
Aug 20 2019 // In the first half of 2019, the North American robotics market is up 7.2%. From January to June, North American companies ordered 16,488 robots, valued at $869 million.For all of 2018, orders totaled 28,478, which was 16...
Aug 19 2019 // 1. Quality Sales Managers. Invest in a quality sales manager who knows how to motivate and guide members to their goals.2. Transcribe with AI. Otter.ai is a platform that allows — through the website or mobile app...
Aug 8 2019 // Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value.The U.S. workers comp insurance market is forecast to earn revenues of $55 billion in 2019....
Aug 1 2019 // Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator.More than 130 applications were received from across the world for the third cohort of the...
Jul 26 2019 // Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise...
Jul 15 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...
Jun 27 2019 // Indiana’s Supreme Court has decided IBM Corp. must pay the state more than $70 million over the company’s failed effort to automate much of the state’s welfare services. The court ruling upholds lower...
Jun 21 2019 // To say the agency technology space is robust is an understatement.Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
Jun 21 2019 // Automakers including Tesla Inc. are stoking confusion among motorists by choosing names for their automated-driving systems that wrongly suggest they’re more capable than is actually the case, according to the...
Jun 13 2019 // Ponte Vedra, FL, June 13, 2019- “For the past 21 years, eSURETY®, the leading surety bond software developer, has produced the best software for automated underwriting, operations, bond lifecycle management, agency...
May 20 2019 // To say the agency technology space is robust is an understatement.Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...
May 20 2019 // The insurance industry is undergoing a technological transformation. Insurers are moving data to the cloud, using artificial intelligence and beginning to prepare for a potential blockchain economy. Products and services...
May 6 2019 // E.coli in beef. Metal shavings in bread crumbs. Contaminated water on vegetables. The food industry has its share of quality control scandals and their insurers have had their share of claims.Some believe food would be a...
May 6 2019 // Oklahoma would establish rules regulating how to safely operate driverless vehicles navigating state highways under a bill passed by Legislature that has been sent to the governor’s office.Autonomous vehicles are...
May 3 2019 // Search and rescue crews are already using drones to locate missing hikers. Farmers are flying them over fields to survey crops. Insurers have integrated drones as a part of their disaster recovery efforts. And delivery...
Apr 29 2019 // Oklahoma would establish rules regulating how to safely operate driverless vehicles navigating state highways under a bill passed by Legislature that has been sent to the governor’s office.Autonomous vehicles are...
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm.Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit are...
Apr 15 2019 // Becoming the chief insurance regulator of a large and populous state with the second largest insurance market in the country was never in Kent Sullivan’s game plan.But when Texas Gov. Greg Abbott asked Sullivan to...
Mar 22 2019 // Mitchell International’s product management and strategy group leader, Shahin Hatamian, recently spoke with Insurance Journal’s Elizabeth Blosfield about how technology has been transforming the workers’...
Mar 22 2019 // What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times,...