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| | | | | | | What's the future of AI in insurance? | | | | New data sources. Workflow efficiencies. Better underwriting consistency. Our new paper sheds light on the AI future for small commercial insurers. | | | | | | | | Verisk | | |
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| Today's Headlines | July 13, 2022 |
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Amazon runs an auto insurance program for its delivery service providers, but if those DSPs choose to buy their insurance from competitors instead, Amazon is fine with that. In fact, Amazon might prefer it if their insurance customers buy coverage from competitors instead, the head actuary of the giant retailer suggested during a session of... read more | | |
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In what may be one of the first court filings of its kind, insurer Travelers is asking a district court for a ruling to rescind a policy because the insured allegedly misrepresented its use of multifactor authentication (MFA)—a condition to get a cyber policy. According to a July 6 filing in U.S. District Court for... read more | | |
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Insurance systems can be mind-bending. Those of us who work in IT or develop insurance systems have a lot in common with science fiction writers. We are always looking to envision and accomplish what has not yet been done. We look at systems that are ... read more | | |
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Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer Beazley found in a recent report that the criminals are becoming much more sophisticated. The company released its inaugural Beazley Cyber Services Snapshot, which examines the growing issue of data exfiltration, how... read more | | |
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In a report published Monday, global reinsurance broker Gallagher Re concluded that while attritional loss ratios and overall combined ratios came down across the Lloyd's market in 2021, inflation could stop the positive performance momentum of recent years. According to the first annual "Lloyd's of London Market Report" from Gallagher Re, the need to develop... read more | | |
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About 70,000 truck owner-operators who form the bedrock of California's transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed US supply chains. Almost a dozen truckers told Bloomberg News they're unsure how to comply with California's Assembly Bill 5, which requires workers satisfy a three-part... read more | | |
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A study published by the Washington State Department of Natural Resources last week shows a tsunami triggered by a major earthquake beneath Puget Sound would arrive at Seattle shores sooner and reach farther inland than previously thought. Models showed a tsunami following a magnitude 7.5 quake would inundate Seattle's shoreline under more than 20 feet... read more | | |
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Announcements linking insurance organizations with National Football League franchises this week, paired fintech Acrisure with the Pittsburgh Steelers, and InsurTech Root with the Denver Broncos and Cleveland Browns. *** Acrisure Buys Naming Rights of Pittsburgh Steelers Home Field Grand Rapids, Mich.-based fintech Acrisure has purchased the naming rights of the Pittsburgh Steelers' home field, which... read more | | |
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| | Leading insurers are already implementing digital engagement solutions for ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| | Utica First Insurance transformed agency engagement with innovative ... read more | |
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