Latest Automation Optimization Headlines

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

Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley

Jun 16 2023 // Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new automated follow-form facility, led by Beazley’s Smart Tracker Syndicate...

Optimizing Agency Relationships: A Data-Driven Approach to Premium Growth

May 22 2023 // The reported demise of the independent insurance agency as a sales and distribution channel has been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer...

Viewpoint: Optimizing Agency Relationships; A Data-Driven Approach to Premium Growth

Apr 10 2023 // Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models,...

ePayPolicy Announces the Release of Payables Connect – Automating Payables Reconciliation for Insurance

Apr 5 2023 // AUSTIN, Texas. April 5, 2023 – Today ePayPolicy announced the release of Payables Connect, the newest innovation in their suite of insurance payment and reconciliation products. Leveraging ePay’s existing...

Automated Rate Filings Put Root Ahead of Auto Insurance Competitors: CEO

Sep 16 2022 // At a time when auto insurers react to inflation shocks by filing rate increases at a frenetic pace, an insurtech CEO says automation of the activity is speeding his company’s actuarial rate indications onto...

Cyber-Defense Agency Urges Companies to Automate Threat Testing

Sep 16 2022 // The US government’s cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats.The guidance, from a cluster of US and...

Insurance Program Data Optimization and Integration … Staying Ahead of the Curve

Sep 16 2022 // This post is part of a series sponsored by IAT Insurance Group. Data is both a gift and a curse. Across all industries, companies have more information at their fingertips than ever before. Yet not all organizations have...

Viewpoint: Can Intelligent Automation Ensure the Survival of the Insurance Industry?

Aug 19 2022 // The economic viability of the insurance industry’s current business model has been in question for several years. McKinsey’s 2022 Global Insurance Report shows that 52% of the industry’s global equity had...

How Autonomous Car Companies Are Outrunning U.S. Regulators And Lawmakers

Feb 21 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...

As Road Fatalities Spike, States Get Funds for Safety Enforcement and Speed Cameras

Feb 4 2022 // Drivers, beware: Speed cameras could be on their way to a location near you thanks to President Joe Biden’s infrastructure law.Under new federal guidance issued Wednesday, states can now tap billions of federal...

How Autonomous Car Companies Are Outrunning U.S. Regulators and Lawmakers

Feb 2 2022 // Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for...

People Moves: NFP Cyber Adds Marsh’s Maugé, WTW’s Cavaliere; Dillman to Head Chubb’s Digital Transformation

Jan 28 2022 // NFP Welcomes Cyber Risk Experts Maugé and CavaliereInsurance broker NFP announced the addition of Courtney Maugé, senior vice president, cyber practice leader, and Rick Cavaliere, senior vice president, senior cyber...

Consumer Reports, Insurance Safety Institute to Rate Vehicle Driver Automation Systems

Jan 21 2022 // Two nonprofit bodies, Consumer Reports and the Insurance Institute for Highway Safety (IIHS), said separately on Thursday they are reviewing safeguards put in place by automakers for vehicles with partial automation.The...

Lloyd’s, IUA Sign Contract With DXC to Help Build Fully Automated Processing

Jan 12 2022 // Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that will build the solutions to digitalize, streamline and fully automate...

Why Small MGA Teams Should Automate Compliance

Dec 27 2021 // This post is part of a series sponsored by AgentSync.Small but mighty is the realest of deals. Yet, even (or especially, depending on your view) small teams can benefit from producer licensing automation. We get it when...

OIP Robotics and HyperScience announce partnership to bring data extraction to their automation portfolio

Sep 28 2021 // SCOTTSDALE, AZ, Sept. 28, 2021 — OIP Robotics, an Outsource Insurance Professionals entity, announced its partnership with HyperScience, bringing unmatched data extraction capabilities to their automation...

In COVID Automation Boom, Robots and Apps Find Work at Services Firms

Sep 7 2021 // Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line...

Call Center Humans vs. Automation: How to Make Inertia Work for Firms and Customers

Aug 24 2021 // In the digital age, service center operations, including call centers and help desks, are increasingly important to organizations for interacting with their customers. Companies are looking for ways to manage service...

Habitational Market Ripe for Digital Transformation

Aug 16 2021 // While most personal and commercial insurance lines have streamlined or overhauled workflows through digital transformation in the last decade, habitational insurance remains a heavy lift for agents today.The reason...

Lockton Re Partners with Nephila Capital to Launch Automated ILS Placement Solution

Aug 11 2021 // Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced a first-of-its-kind, digital capability called “Lockton Re SAGELink Automated Placement...