Big data

Data scientist Cathy O'Neil warns that insurance companies need more risk pooling.

In May, the California Department of Insurance sent surveys to property & casualty insurers, to get information about how insurers are using tools like big data, artificial intelligence and machine learning in their decision making processes.

State Farm and Allstate are no longer writing new homeowner policies in California. But some insurtechs argue that with better data, carriers can make more nuanced decisions.

It can be hard to explain rationally why a digital insurance solution is trusted or not by customers, according to Burr, who is CEO of the iptiQ unit of the insurance company.

US lawmakers on Thursday questioned how new rules for artificial intelligence can protect against the technology's risks without reinforcing the early advantages enjoyed by tech giants such as Microsoft and Google.

Whole swaths of business activity, from sales and marketing to customer operations, are set to become more embedded in software.

The emerging area of connected insurance has the potential to help insurers prevent, mitigate, or lower potential risks relating to severe weather events.

Former RGA and startup executive joined Legal & General America in 2021.

AVP Bret Martin talks about how digital transformation is changing risk management.

The partnership with Arbol utilizes the power of blockchain and DLT in risk management, parametric insurance and reinsurance.

Digital Insurance spoke with Sears Merritt, head of enterprise technology and experience at MassMutual.

Digital Insurance interviewed Angel Conlin, chief insurance officer at Kin, to discuss the company's solutions and involvement in areas prone to extreme weather.

Digital Insurance spoke with Sheila Anderson, CIO of Aflac.

Insurer chose data analytics and management company to fill data operations gaps

Generative AI could further enhance automation of previously manual or even legacy technology processes.

Digital Insurance spoke with Sarah Downey, managing director, blockchain advisory leader and financial services claims leader at Lockton Companies, the global insurance brokerage firm.

At an April 6 meeting, stakeholders in implementing a new state law discussed early requirements and more.

For example, ethics training can help organizations define unfair bias in the context of AI models.

Incomplete auto and property policy information contributed to a spike of losses in 2022

Insurance carriers and their service providers focus on data gathering and processing as basis for AI operations