Latest Data Driven Headlines

All the headlines from our Data Driven Topic Page, ordered by recency.

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...

Insurer Ageas Uses AI to Create End-to-End Car Damage Assessments in UK

Mar 26 2020 // Ageas is using artificial intelligence (AI) to create end-to-end assessments and estimates of vehicle damage, which it says is a first for a UK insurance company.Ageas is using an AI solution, developed by technology...

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...

Swiss Re Launches Digital Market Center Supported by Microsoft Data Analytics, AI Tools

Mar 12 2020 // Swiss Re has formed a strategic alliance with Microsoft Corp., which is providing digital tools to support Swiss Re’s new Digital Market Center.The Digital Market Center is designed to help develop next-generation,...

Lemonade Starts Fund to Encourage Socially Positive Use of AI, Data and Technology

Mar 5 2020 // Digital insurer Lemonade has established a nonprofit foundation designed to promote the use of AI, data and software to build socially positive products and programs globally.Dubbed The Lemonade Foundation, 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...

Analyst Warns Regulatory Battle Over AI Bias to Grow; Lemonade Argues It’s Fair

Feb 14 2020 // As insurers introduce artificial intelligence into pricing and claims handling activities, regulatory focus on disparate impact will grow into “one of the biggest topics of the next 10 years,” a well-known...

How Data-Dependent Federal Reserve Is Growing to Like Private Company Big Data

Feb 10 2020 // About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial...

Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report

Feb 10 2020 // Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, according to Swiss Re’s latest...

Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report

Feb 3 2020 // Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the latest sigma report...

Electricity Can’t Hold Candle to Artificial Intelligence in Significance: Alphabet CEO

Jan 28 2020 // Google’s chief executive officer has left no doubt about how important he thinks artificial intelligence will be to humanity.“AI is one of the most profound things we’re working on as humanity. It’s...

Energy-Hungry Data Storage Is Another Culprit of Greenhouse Gas Emissions

Jan 27 2020 // Everyone has seen the warning. At the bottom of the email, it says: “Please consider the environment before printing.” But for those who care about global warming, you might want to consider not writing so many...

IBM Calls For Rules to Curb Bias in Artificial Intelligence

Jan 22 2020 // IBM called for rules aimed at eliminating bias in artificial intelligence to ease concerns that the technology relies on data that bakes in past discriminatory practices and could harm women, minorities, the disabled,...

Trump Administration Seeks to Limit ‘Overreach’ of Regulation of Artificial Intelligence

Jan 8 2020 // The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach,” and said it wants European officials...

Insurtech, Data Help Canadian Farmers Cut Lending, Insurance Costs

Dec 12 2019 // Canadian farmers — grappling with with lower crop income, adverse weather and a trade dispute with China — are using precision-agriculture technology aimed at reducing lending and insurance costs.Collecting...

Attracting Innovative Talent in the Data-Driven Age

Dec 2 2019 // Data has always played an important role in the insurance industry. From actuarial analysis and risk predictions to pricing, insurance is grounded in using available information to understand the probability of certain...

Confessions of a Diehard Insurance Data Fan: Part 2

Nov 25 2019 // After Bill Pieroni, the CEO of ACORD, delivered a presentation about ACORD’s latest study, “Intelligent Growth: Intent, Decisions, Outcomes,” he sat down with Wells Media’s Andrew Simpson to talk...

Confessions of a Diehard Fan of Insurance Data: Part 1

Nov 24 2019 // If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy Beane, heralded by the book “Moneyball.” His team’s manager would have...

Watch Out Finance, Business, Tech Workers. Artificial Intelligence Is Coming.

Nov 21 2019 // Artificial intelligence is coming for America’s high-paid professions as it creates winners and losers across the labor market like never before.White-collar jobs and better-educated occupations along with production...