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Secure configurations of devices and improved patch management can limit the risk, and those steps are crucial because many IoT devices were created with low cost taking priority over security.

Borchers comes to the recently established Allianz X by way of Deutsche Telekom where he founded another tech accelerator, hub:raum.

Allstate, AIG, and more are among the insurance companies already using artificial intelligence of some kind in the process.

Fintech startups valued over $1 billion risk being unable to sell themselves or spread their wings, say observers.

Octo U offers customers 10% premium discounts from multiple carriers to reward good driving.

Machine learning will help insurers get decisions faster, says Manulife VP Jesse Bean.

The insurer deployed several drones as part of a test of the technology following a South Texas hailstorm.

The storm is forecast to hit northwest Florida, a region of the state with lower insured property value,

The vendor wasn't aware its systems were compromised until four months after the hack.

About half of end users surveyed said their organizations would accept more risk to corporate data in order to maintain productivity.