Insure Think

Insurance policies are working hard to prevent financial fumbles.

The AICPA's professional liability insurer will cover client services related to the Corporate Transparency Act's beneficial ownership information reporting requirement.

Electric vehicle fires can be catastrophic and it's vital that fire departments have procedures for extracting occupants involved in an accident and fire.

Predictive analytics can help insurers retain customers, identify fraud and process claims.

Businesses benefit when they prove themselves to be a pet-friendly workplace.

Commercial auto insurers must move from "should we" to "how do we" use telematics effectively.

Machine learning capabilities can have a critical purpose for agents in roles that are both repetitive and complex.

There are new risk management tools changing the farming industry and the risk profiles in agriculture.

The shift to electronic insurance payouts is an undeniable win-win.

There is a new active approach that promises to revolutionize the workers' comp landscape: artificial intelligence that analyzes workplace video to effectively lower risks, injuries and premiums.

As insurers harness the power of connectivity, using data for informed decision-making will be a priority.

Weather-based issues are leading to financial hardship, especially for low and medium-income workers.

The business landscape is increasingly driven by digital transformation, making the relationship between these two leaders more critical than ever.

Financial institutions move slowly but they respond with greater urgency when there's a consequence to not adopting technology.

Digital transformation can take many forms, customer experience and operational efficiency remain priorities.

Making payments is the cornerstone of the customer experience in insurance and digital engagement is vital.

By embracing emerging technology like AI, auto insurers can future proof their businesses and stay competitive.

Health insurers need to be careful that the AI systems they use create efficiency without introducing costly and unfortunate errors.

The industry's digital transformation is ushering in a new era of risk management. By embracing cloud-based solutions, streamlining processes and integrating automation.

It is more critical than ever to ensure that organizations and employees are protected from cyberattacks.

A multipronged effort should include documenting damage, hiring licensed and bonded contractors, and organizing client contact information.

If you position AI wrong or pitch it to the wrong market it might actually hurt you.

The Guaranteeing Overtime for Truckers Act aims to level the financial playing field for truck drivers.

AI training can become a financial bottomless pit if insurers don't understand the complexities involved.

In a data-driven industry, AI can assist insurers in managing large amounts of information, create new products and accelerate decision-making.

Build your organization's philanthropic muscle with five best practices.

Insurance CEOs remain optimistic and committed to investing in emerging tech.

DevSecOps allows organizations to proactively address cyber threats.

In the quest for enhanced corporate sustainability, the integration of innovative technologies is ushering in a new era of reporting capability and transparency.

Exploring ways organizations should review, evaluate, and improve deadly weapon incident prevention and response plans and resources.

OpenAI's ChatGPT is poised to redefine how insurers interact with clients.

The rise of online shopping during the holidays increases the prevalence of unlicensed shipping insurance and merchants must ensure any coverage offered follows regulatory requirements.

Life insurers are embarking on a digital transformation journey to leverage data technology.

Gen AI is particularly useful to search, generate, classify, cluster, and summarize information as well as extract valuable data and insights which could prove useful in the claims process.

Insurance carriers need more tools to combat social inflation and data sharing to create insights about the early litigation warning signals could help.

Integrating artificial intelligence into the world of banking and finance must be a cooperative effort between the industry and regulators. It's important that the discussions start now.

Risk analytics essential to equip P&C insurers in California with the capabilities to precisely identify, evaluate and price risk.

Big data can tell carriers about potential customers and make a preliminary decision on their insurability.

Technology drives efficient and personalized insurance experiences in 2024.

Insurers are feeling the effects of the climate crisis but only 8% are currently attacking climate change head-on with strategic and proactive initiatives, according to Capgemini research.

Cyber insurance can provide peace of mind and affect customer acquisition and retention.

Carriers should be watching these 10 trends that will shape the future of insurtech in 2024.

Insurers are harnessing the power of data technology to better manage risk exposures.

Insurance leaders need to address emerging challenges in API security.

Adjusters across the insurance ecosystem are utilizing digital technology to assess, document and close claims.

Every journey should begin with a test drive of ChatGPT on the road to developing principles, monitoring progress and celebrating success.

Insurers should ask how they can unlock the most value from technology?

Adopting new technology isn't just about buying and installing software. It's about understanding human behavior.

The bombshell investigation into pervasive sexual misconduct at the Federal Deposit Insurance Corp. has spurred some senators to call for FDIC Chair Martin Gruenberg's resignation. If he can't right the ship, then he should step aside.

Licensing regulations vary by jurisdiction and managing compliance can be a complex issue.

Capco predicts a greater emphasis on collaboration between insurers and the DOI to ensure ongoing coverage for policyholders as the DOI will take on additional governance and responsibilities when partnering with insurers to protect insured individuals.

Insurers can help companies to develop risk management plans, conduct compliance audits, and provide training on relevant regulations.