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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.
October 12 -
The top three insurtech-owned carriers had more than $10 billion combined in direct premiums written.
October 11 -
Understanding what factors lead insurers to deny claims can help businesses avoid problems that could undermine their coverage.
October 6KnowBe4 -
A recent report from credit rating agency Moody's found organizations have increased their spending on cybersecurity by 70% over just four years.
October 3 -
Artificial intelligence is providing insurers with the tools they need to accurately model cyberattack scenarios and develop more precise risk assessments.
September 29EXL -
Blazes raged through more than 2,000 acres of wildland in recent months in his county deep in the woods of Oregon, where a wet climate once made forest fires unthinkable. That's an increasingly common scene around the world — from Canada to Greece, global warming has helped fuel larger and more destructive blazes, pushing firefighting services to the brink.
September 25 -
Insurance industry leaders must proactively develop risk mitigation strategies in order to optimize the use of Gen AI for insurers and their customers, alike
September 25Celent -
Climate change presents uncertainty for insurance companies but also creates opportunities for technological innovation
September 22TypTap Insurance Company -
Large companies are most likely to hire for technology, underwriting and analytics roles over the next 12 months.
September 21 -
Chief underwriting officer finds ways to do more with technology and coverage of risks.
September 20 -
Plymouth Rock's VP of customer solutions focuses on improving communication.
September 19 -
The online attack that disrupted MGM Resorts International resorts and casinos across the country began with a social engineering breach of the company's information technology help desk, according to a cybersecurity executive familiar with the investigation.
September 18 -
The insurtech's Data Magnifier platform addresses the challenges of siloed data sources and complex data management through scalable data management solutions.
September 12 -
A California homeowner called out CSAA for taking aerial photographs of his backyard, then revoking his homeowners policy due to "clutter." Experts say such images are personally identifiable information protected by state privacy laws.
August 31 -
Google's cloud clients will be able to access Meta's Llama 2 large language model, as well as AI startup Anthropic's Claude 2 chatbot, to customize with enterprise data for their own apps and services.
August 29 -
Digital Insurance spoke with three actuaries about emerging technologies and the challenge of explainability within complex models.
August 29 -
AI-powered catastrophe and risk models use varied sources, including aerial imagery.
August 21 -
It can eliminate geographical barriers and allow teams to access and share data more freely.
August 18Novidea -
Gen Z values employers with advanced technology solutions and remote work options.
August 11 -
Insurers are partnering with universities and college programs to create a more diverse and inclusive talent pipeline.
August 9 -
The release of two malicious language models — WormGPT and FraudGPT — demonstrate attackers' evolving capability to harness language models for criminal activities.
August 8 -
Carriers are building a talent pipeline through university programs and mentorships with partnered universities.
August 8 -
Companies that don't use the technology on average pay $1.76 million more and take 108 days longer to respond to incidents than firms that utilize it.
August 4 -
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.
July 31 -
Rebuilding artificial intelligence algorithms to explicitly integrate transparency and overcome black box limitations.
July 28Willis Towers Watson’s -
Roots Automation, Cowbell Insurance and Capitola are among the younger companies that have started using GPT technologies.
July 18 -
In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.
July 17 -
Data scientist Cathy O'Neil warns that insurance companies need more risk pooling.
July 17 -
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.
July 14 -
Co-founders Anthony Marshi and Toby Hung recently secured $2 million in funding for a platform automating cyber insurance coverage focused on medium and large sized businesses.
July 11 -
In other news: Chewy expands pet insurance nationwide and Tokio Marine launches a market intelligence platform.
July 10 -
The Connecticut insurer has banned employees from using OpenAI's public ChatGPT system, but its chief information officer's team is experimenting with at least three use cases for large language models internally, and she has much more on her tech roadmap.
July 5 -
The dispute is over a cyber attack from 2014 through 2015 that potentially exposed personal information of patients at UCLA Health.
June 29 -
Predictive models are a tool to address a business problem, not a solution.
June 28Guidewire Software -
Baldwin Risk Partners has launched "Centers of Excellence"
June 21 -
Ransomware attacks soared last year, pushing demand for coverage after the pandemic-induced work-from-home era also made remote workers more vulnerable to digital attacks.
June 15 -
The concept car shown at VivaTech was put together in six month by some 100 engineers.
June 14 -
Digital platform automates building towers of business policies
June 7 -
A new research report from SMA examines core systems deals completed in 2022 from 18 of the top solution providers in the market today.
April 27ReSource Pro -
The shortcomings of emerging "climate services" are concerning to some observers.
April 17 -
Incomplete auto and property policy information contributed to a spike of losses in 2022
April 11 -
GEICO scored first overall in the semi-annual Mobile Insurance Scorecard.
April 6 -
A consortium of financial companies said premiums are rising despite a relatively low level of overall risk, causing some banks to reconsider their policies.
April 5 -
Learning to adapt to new challenges, building the right team and creating a direct strategy and vision are critical to success.
April 5 -
Non-traditional approaches to insurance that SMEs should consider to protect their businesses from new and evolving risks.
March 31Colonial Surety -
We expect the absolute growth of this market to be a key factor encouraging more investor participation.
March 24VESTTOO -
Companies with websites are working through privacy requirements and to be web compliant.
March 23LOKKER -
The "Active Cyber Risk Model," would give insurers an overview of their potential losses as a way to better target sales of their policies.
March 22 -
A survey found that nearly half of employees need training for emerging AI technologies in order to do their job well.
March 21 -
Deloitte announced the launch of GreenLight Solution, an enterprise decarbonization Software as a Service (SaaS) solution.
March 8 -
TransUnion report cites inflation, premium costs as the reason for an increased rise in shopping.
March 2 -
The Biden administration is set to release an aggressive new national cybersecurity strategy.
March 2