Software can pull attributes out of a claim file to provide claims professionals with a risk assessment score for the likelihood that the claim file could go nuclear.

Don Vu, who previously worked at Northwestern Mutual and WeWork, will lead a new AI and data team.

Insurtechs able to optimize the explosion of better data to accurately model and price risk, will become a vital link in the fight against climate change.

More carriers are offering digital assistants in their mobile browser and in-app, according to the Q3 2023 Mobile Insurance Scorecard.

It is essential to keep in mind several regulatory considerations regarding data, cybersecurity, fairness and inclusion to stay ahead of the evolving supervisory and regulatory trends.

The auto claims technology start-up has grown by a lot in the past two years, launching an IPO and diversifying into other auto insurance-related functions.

Digital Insurance received written responses from Joseph B. Keller, a visiting fellow at the Brookings Institution in Foreign Policy, affiliated with the Strobe Talbott Center for Security, Strategy, and Technology and Artificial Intelligence and Emerging Technology Initiative, about the need to quantify the potential carbon footprint of AI.

Climate modeling and data collection technology is just beginning to catch up to the demand for pinpoint accuracy in property risk assessment.

AI is just an algorithm that learns based on human tasks, and humans make mistakes.