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

It can eliminate geographical barriers and allow teams to access and share data more freely.

Agency networks and associations provide benefits historically harder to come by as a standalone business or agency.

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

Kim shares with Digital Insurance her take on what is happening in the insurtech space in terms of venture capital funding and the impact of the climate crisis on digital solutions.

The insurance industry is trying to attract and retain a younger workforce as many insurance companies are facing an aging employee demographic. Insurers are working to diversify as people of color in the industry are still underrepresented and tapping into educational opportunities to create a direct talent pipeline.

Gen Z values employers with advanced technology solutions and remote work options.

The industry may want to build its own large language model.

Since 2020, the number of properties it insures has tripled to almost 1.4 million. Citizens estimates it may add another 300,000 by the end of the year

Colleges and universities are partnering with insurance carriers to offer insurtech, insurance and risk management programs.

He shares how new technologies like machine learning and AI are shaking up the industry and the role of insurance agents.

Total global insured losses from natural catastrophes were about $50 billion from January through June.

The release of two malicious language models — WormGPT and FraudGPT — demonstrate attackers' evolving capability to harness language models for criminal activities.

Putting the pressure on employees to return to the office could cost financial companies their leadership.

Carriers are building a talent pipeline through university programs and mentorships with partnered universities.

Secretary of the Commonwealth William F. Galvin says a probe into how firms are using AI isn't a condemnation of the tech but an acknowledgement of its potential impact.

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.

More than 64% of employees have considered leaving their current role as a result of symptoms of stress.

Kristi Leimgruber, a behavioral scientist at BetterUp, shares why employers fall short of their growth goals.

Prudential is partnering with the American College of Financial Services to educate Black individuals on financial wellness.