Data and information management

The insurtech's Data Magnifier platform addresses the challenges of siloed data sources and complex data management through scalable data management solutions.

A California homeowner called out CSAA for taking aerial photographs of his backyard, then revoking his homeowners policy due to "clutter." Experts say such images are personally identifiable information protected by state privacy laws.

Digital Insurance spoke with three actuaries about emerging technologies and the challenge of explainability within complex models.

Consumer advocate notes that insurance regulators' standard for data collection lags regulators of other types of financial services

The Paris-based insurance group, is in the final year of a strategic plan kicked off in late 2020 and is expected to unveil a new one in early 2024.

AI-powered catastrophe and risk models use varied sources, including aerial imagery.

Five best practices can assist in selecting and integrating generative AI data.

The senior data scientist shares about his work in identifying demographic bias in machine learning models.

The release of two malicious language models — WormGPT and FraudGPT — demonstrate attackers' evolving capability to harness language models for criminal activities.

Companies that don't use the technology on average pay $1.76 million more and take 108 days longer to respond to incidents than firms that utilize it.

Analytics and agent-to-broker communications are becoming more popular applications for cloud data management. Marketing and automation applications haven't yet reached that kind of critical mass. Google and Amazon discuss their cloud services approaches.

Rebuilding artificial intelligence algorithms to explicitly integrate transparency and overcome black box limitations.

Releasing an ESG report prepares you to address potential risks hidden in operations.

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.

Consumers preferred to share data using smart devices in the home: 45% said they are happy to share information via Amazon Alexa, Google Home and the like. A little over a third of consumers (36%) said they were willing to share data through wearables or fitness health tests.

Roots Automation, Cowbell Insurance and Capitola are among the younger companies that have started using GPT technologies.

In a data breach at OpenAI, some ChatGPT users were able to see other users' financial data. In other cases, users have invoked their dead grandmothers to access information that should have been sealed off.

Data scientist Cathy O'Neil warns that insurance companies need more risk pooling.

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.