Machine learning

Insurers face the risk of investing too heavily in RPA if they treat it as a long-term solution rather than a temporary fix.

Efforts to make AI more accessible also may alleviate the shortages of data and computer scientists.

The incubator launched in September by Startupbootcamp kicks off early next month in the traditional insurance capital.

Early adopters have training programs in place, Deloitte survey finds

The industry's human element is an asset that can’t be abandoned, especially at a time when disruptors are attempting to come in from all directions.

A November report finds consumers prefer that carriers determine premiums based on driver behavior, rather than traditional factors.

Advancements in natural language processing and machine learning algorithms are enabling machines to create human-like, digital conversations.

Many of these dangers stem from the increasing reliance of financial services companies on outside technology firms.

The range of technologies that are part of the AI family give carriers a lot of options in using it.

Insurance industry as a whole, however, lags other financial services somewhat in implementing robotic process automation, according to PwC.

One in three business leaders believe their company will need to further invest in artificial intelligence over the next 36 months to keep pace with competitors.

The startup hub will operate as a standalone division of Fintech Australia, a local incubator founded in 2015.

Artificial intelligence, the IoT, cloud computing and cryptocurrencies are among the technologies that will dominate new IT investments, according to the researcher.

Optimism about the value of AI-powered applications in the enterprise is high and plans to continue investment in the technology are widespread, a new study reveals.

Australian insurer will leverage startup's machine learning platform to automate commercial underwriting.

Solaria Labs has helped the insurer bring new ideas to market that impact all corners of its business, says innovation VP.

Organizations are rapidly adopting the technology to drive business opportunities, but the pool of experienced workers remains limited for the moment.

These insurtechs from Plug & Play's upcoming winter program are focused on providing solutions that insurers in any line of business can use.

Most consumers have already benefited from digital, mobile self-service, but have also been victims of tech gone wrong.

Early adopters of advanced AI technologies are able to reduce fraudalent practices and improve customer service, says Julie Conroy.