Insurance

According to recent SMA research, half of P&C insurers state that their company is in “transformation mode.”

Northside Hospital in Atlanta is adopting machine learning technology to enable the organization to predict when insurance companies will end payments.

This dynamic and fast-paced environment presents numerous challenges to loss-control efforts, both from a technical as well as a behavioral standpoint.

The key challenge is to accelerate the process without sacrificing the value traditional underwriting adds, writes CIO of Prudential's individual life and annuities unit.

A new study finds that within the next two years, all large and midsize carriers will use predictive analytics in their group life operations, while nearly half of small insurers will deploy similar capabilities.

An insurance company that can offer its policyholders a low-stress solution involving as much automation as possible—thereby circumventing as many subjective human factors as possible—will have a significant competitive advantage over others.

By redefining customer engagement through proactive risk mitigation, the home insurance insurtech’s leadership believes the industry is ready for a change.

When their car is involved in an accident or someone breaks in, CSAA customers can view and share a video clip with the insurer and law enforcement personnel.

Installations will be targeted at small- to mid-sized commercial customers with the goal of reducing certain risks.