All the headlines from our InsurTech Topic Page, ordered by recency.
Oct 21 2024 // Media baron Rupert Murdoch’s Dow Jones and New York Post filed a lawsuit against Perplexity AI on Monday, claiming the AI startup engages in a “massive amount of illegal copying” of their copyrighted...
Oct 21 2024 // Data and technology leaders at insurance organizations are gung ho about using GenAI to increase customers satisfaction, reduce operating costs and improve risk management, but few are fully ready to comply with...
Oct 21 2024 // That used to be one of my biggest beefs as an agency owner — I have all of these pieces of tech and none of them talked to each other,” Vonda Copeland, co-owner and vice president of operations at Copeland...
Oct 21 2024 // Technology and AI innovation makes an impact when it comes to merger and acquisition decision, according to Brooke DeWyze, chief development officer for Trucordia, formerly PCF Insurance Services.DeWyze, who spends her...
Oct 18 2024 // Insurance industry investments in generative AI are expected to surge by over 300 percent from 2023 to 2025 as organizations move from pilots in one or two areas to implementations in multiple functions across business...
Oct 17 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced insurance industry, MGAs and wholesalers are constantly challenged with managing large volumes of submissions from agents. Typically, gatekeepers spend...
Oct 17 2024 // The New York Department of Financial Services (DFS) has issued new guidance to assist the more than 3,000 financial firms including insurers it regulates in addressing cybersecurity risks arising from artificial...
Oct 17 2024 // The Nebraska Department of Insurance shared that Insurtech on the Silicon Prairie will take place in Omaha on Oct. 28-29, with topics including AI, autonomous vehicles, cybersecurity, venture capital, the role of AI in...
Oct 17 2024 // Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity resilience and discriminatory output, according to data seen by Reuters.The EU had long...
Oct 15 2024 // Austin, TX., October 15, 2024 – The Risk & Insurance Education Alliance, in collaboration with BrokerTech Ventures (BTV), is proud to introduce its latest educational initiative, the Introduction to Insurance for...
Oct 11 2024 // This post is part of a series sponsored by Selectsys.The demand for Cyber and Technology Errors & Omissions (Tech E&O) insurance is rapidly growing as businesses face an increasing array of digital threats and...
Oct 8 2024 // This post is part of a series sponsored by Selectsys.In today’s competitive insurance market, operational efficiency and accuracy are essential for success. Managing General Agents (MGAs), wholesalers, and carriers...
Oct 7 2024 // Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will have a bumpy road to navigate in the year ahead, according to CCC Intelligent Solutions...
Oct 7 2024 // The robots are coming — and in some cases, they’re here.Advancements in generative artificial intelligence are enhancing claims processes in many ways, from improving First Notices of Loss (FNOLs) to analyzing...
Oct 7 2024 // Several types of artificial intelligence are already being adopted by various parts of the insurance industry and they have the potential to deliver extraordinary efficiency savings, opening the door for even more...
Oct 4 2024 // SPRUCE PINE, N.C. (AP) — Two North Carolina facilities that manufacture the high-purity quartz used for making semiconductors, solar panels and fiber-optic cables have been shut down by Hurricane Helene with no reopening...
Oct 4 2024 // Generative artificial intelligence (AI) has emerged as a new technology with the potential to completely reshape business practices and create new avenues for innovation. It will significantly impact virtually every...
Oct 4 2024 // This post is part of a series sponsored by Selectsys.In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...
Oct 1 2024 // California Gov. Gavin Newsom vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models.The decision is a major blow to efforts attempting to rein in the...
Sep 30 2024 // This post is part of a series sponsored by Selectsys.The insurance industry is undergoing significant transformation, driven by the adoption of automation in Business Process Outsourcing (BPO). By integrating technologies...