All the headlines from our Data Driven Topic Page, ordered by recency.
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 23 2019 // The U.S. Federal Trade Commission announced on Monday that Equifax Inc. will pay up to $700 million for a data breach that exposed millions of consumers’ personal information.The following are seven of the largest...
Jul 17 2019 // RiskGenius, which provides natural language tools for improving the quality and accuracy of insurance policies, has completed a Series B financing led by Hudson Structured Capital Management.The company said it has also...
Jul 17 2019 // It is an insurtech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making significant inroads toward...
Jul 15 2019 // SkyWatch.AI, the on-demand, telematics-based insurance platform, has launched in the United Kingdom following last year’s launch in the United States.SkyWatch.AI’s UK policies will be underwritten by specialty...
Jul 15 2019 // Insurers need to learn to share their data if they want to take full advantage of the mountain of information generated from connected devices, insurtech executives say. Along the way, somebody’s got to figure out...
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...
Jul 12 2019 // Insurance carrier review platform Clearsurance has launched a new home, car and renters insurance recommendation service for consumers. Clearsurance says the new data-driven service provides “personalized,...
Jun 26 2019 // Insurers need to learn to share their data if they want to take full advantage of the mountain of information generated from connected devices, insurtech executives say. Along the way, somebody’s got to figure out...
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 20 2019 // The Texas Department of Insurance (TDI) has issued special data call to companies that wrote direct commercial property or businessowners insurance in Texas and to certain farm mutual insurance companies that wrote...
Jun 20 2019 // There is an effort underway to develop a better understanding of issues and opportunities for women in the insurance industry.The Million Women Mentors’ Women in Insurance Consortium (WII) will be spearheading what...
Jun 18 2019 // While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with.“It’s...
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
Jun 17 2019 // For years, insurance industry observers have been predicting that home telematics products would transform the insurance industry by forcing carriers to take on the role of damage preventer instead of just claims...
Jun 12 2019 // Two artificial intelligence providers — omni:us and FRISS — are teaming up to “supercharge” insurance claims management and fraud detection.omni:us is a provider of AI-based cognitive claims...
May 28 2019 // U.S. real estate title insurance company First American Financial Corp. said on Friday it had learned of a design defect in one of its production applications that had made possible unauthorized access to customer data.The...
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 10 2019 // The Massachusetts Institute of Technology (MIT) and Liberty Mutual Insurance announced a $25 million, five-year collaboration to support artificial intelligence (AI) research in computer vision, computer language...
May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance.The investment follows Layr’s successful trial in the...