Big data

CSAA Insurance Group will use the Arity IQ Network, which uses driving behavior data to quote auto insurance policies.

Digital Insurance reached out to several insurance professionals to gain insight into what parametric insurance is, when it's triggered and how access to data plays a role.

Strategy executive Michael Mahaffey spoke about how the insurer's digital transformation is an ongoing effort, and the accelerated evolution of technology he sees.

Adopting data profiling and machine learning could propel the industry into a future of enhanced efficiency, better risk assessment and superior customer experiences.

Employee data holds great potential for maximizing the value of employee benefit programs.

Mind Foundry has raised $22 million in funding, the latest sign of growing demand to deploy AI.

As technology advances, risk assessment becomes increasingly complex and requires more advanced techniques.

Consent and preference management systems, catching on with insurance carriers to leverage customer data for marketing, have the potential to balance that with privacy regulation compliance, according to a Madison Advisors report.

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.

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

Digital Insurance spoke with three actuaries about emerging technologies and the challenge of explainability within complex models.

Consumer advocate notes that insurance regulators' standard for data collection lags regulators of other types of financial services

AI-powered catastrophe and risk models use varied sources, including aerial imagery.

Five best practices can assist in selecting and integrating generative AI data.

The senior data scientist shares about his work in identifying demographic bias in machine learning models.

Analytics and agent-to-broker communications are becoming more popular applications for cloud data management. Marketing and automation applications haven't yet reached that kind of critical mass. Google and Amazon discuss their cloud services approaches.

Rebuilding artificial intelligence algorithms to explicitly integrate transparency and overcome black box limitations.

The National Association of Insurance Commissioners has issued guidance to insurance companies about existing laws and governance requirements they need to follow as they develop and use AI models. Experts say it's a good first step.

Consumers preferred to share data using smart devices in the home: 45% said they are happy to share information via Amazon Alexa, Google Home and the like. A little over a third of consumers (36%) said they were willing to share data through wearables or fitness health tests.

Roots Automation, Cowbell Insurance and Capitola are among the younger companies that have started using GPT technologies.