All the headlines from our InsurTech Topic Page, ordered by recency.
May 1 2024 // Insurtech Root Inc. posted a net loss for the first quarter 2024 of $6.2 million but said it recorded operating income for the first time in the company’s history.The net income loss for the first three months of the...
May 1 2024 // A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft and OpenAI in New York federal court on Tuesday, accusing them of misusing reporters’ work to train their generative...
May 1 2024 // The Connecticut Senate recently pressed ahead with one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured...
Apr 25 2024 // This post is part of a series sponsored by CoreLogic.Over the last couple of years, Artificial Intelligence (AI) has changed how everyone lives, works, and plays. More than just a trend, AI is the ability of a machine,...
Apr 24 2024 // Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize innovation, cut costs and improve the customer experience.Generative AI (or...
Apr 19 2024 // Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the Massachusetts attorney general cautioned Tuesday.In an...
Apr 18 2024 // Austin, TX., April 18, 2024 — The National Alliance for Insurance Education & Research is thrilled to announce the launch of AlliBot v2.0, the Artificial Intelligence Knowledge Bot built exclusively for the risk...
Apr 16 2024 // This post is part of a series sponsored by AgentSync.As the property and casualty market struggles to find its equilibrium, carriers and reinsurers are retooling their approach to risk and the market. As a Floridian...
Apr 16 2024 // San Diego, CA. April 16, 2024 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2024. This event will provide valuable insights not found elsewhere and is designed for: carrier...
Apr 15 2024 // Is the world being overtaken by robots? While the answer to that question is clearly “no” – or at least, “not yet” – it seems that the focus of nearly every industry and business media outlet is...
Apr 11 2024 // Sayata Unveils AI-Powered Risk Engine That Flags High-Risk AccountsSayata has launched the Sayata Risk Engine, an AI-powered platform that uses sophisticated AI to flag specific high-risk accounts expected to drive up loss...
Apr 10 2024 // Pennsylvania has issued guidance for insurance companies’ use of artificial intelligence systems (AIS) based on a model adopted by the National Association of Insurance Commissioners (NAIC).The Pennsylvania Insurance...
Apr 10 2024 // Slice Labs Inc., the New York-based insurtech that operates an on-demand insurance platform, has expanded into seven additional states and the District of Columbia with its contractors general liability insurance product...
Apr 8 2024 // Verisk, the Jersey City, New Jersey-based data analytics and technology provider, has launched a suite of next generation catastrophe models.Verisk’s suite of 100+ Next Generation Models (NGM) is designed to help...
Apr 8 2024 // German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little-known program. What he found when he investigated has sent shudders across the...
Apr 4 2024 // Vertafore Delivers Policy Binding in Personal Lines RaterVertafore, headquartered in Denver, launched the industry’s first bind capability within a personal lines rater. Vertafore’s personal lines rating and...
Apr 4 2024 // The Florida Association of Insurance Agents, the largest agent group in the state, has taken the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring...
Apr 2 2024 // The United States and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions.Commerce Secretary Gina Raimondo and...
Apr 1 2024 // Innovation is at the heart of the human experience, with a constant stream of new ideas and inventions changing the way we conduct business. But seismic shifts in technology don’t come all at once, or even at a...
Apr 1 2024 // When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to a lack of clarity, according to panelists at The Professional Liability Underwriting...