Compensation
Compensation
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There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.
August 1 -
The National Association of Insurance Commissioners has issued guidance to insurance companies about existing laws and governance requirements they need to follow as they develop and use AI models. Experts say it's a good first step.
July 26 -
As of March 27, 2023, the top five insurance companies had an average workers' comp market share of 5.55% and a combined marketshare of 27.76%.
July 24 -
The US Department of Labor has until December to tell Congress whether to update a policy advising pension plans to choose the "safest" option when transferring obligations — unless doing otherwise would be in the interest of participants.
July 21 -
Digital Insurance's State of Insurance 2023 report also reveals that underwriting technology and staffing difficulties are top of mind for insurers.
July 19 -
The carrier and the payroll services provider are working together to increase the flexibility of workers comp underwriting, based on more up-to-date data.
July 19 -
Roots Automation, Cowbell Insurance and Capitola are among the younger companies that have started using GPT technologies.
July 18 -
Two experts from Aon explain how businesses can protect themselves and their employees when catastrophe strikes.
July 17 -
Data scientist Cathy O'Neil warns that insurance companies need more risk pooling.
July 17 -
In May, the California Department of Insurance sent surveys to property & casualty insurers, to get information about how insurers are using tools like big data, artificial intelligence and machine learning in their decision making processes.
July 14 -
Given advances in technology reviewing unstructured documents to identify and extract key terms and medical data can result in an expedited process.
June 30 -
Half the insurance workforce will retire over the next 15 years and the key to surviving the shift will be capturing, sharing and scaling the institutional knowledge of their most experienced producers.
June 30 -
Gender diversity at the C-suite level is still lacking.
June 26 -
An expert at the intersection of tech and diversity explains how employers should be addressing inequity.
June 20 -
And more career moves.
June 16 -
Embracing remote work and providing access to online training resources and professional development opportunities can attract high-caliber individuals.
June 16 -
Deepa Soni, EVP and CIO at the Hartford gives the keynote address; Nationwide's embedded partnerships; CSAA on workforce trends.
June 15 -
Sessions held throughout Dig-In 2023 with panelists from insurers such as New York Life, Arch Insurance and CSAA Insurance Group discussed the importance of technology in insurance and how to use data effectively.
June 14 -
There are creative ways for companies to answer the call for more autonomy over work schedules.
June 12 -
Equipping employees with advanced IT support bolsters productivity and morale.
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