Robotics

The integration of geospatial data with advanced analytics streamlines insurer operations by enhancing underwriting and claims processing into a single coherent framework.

Digital Insurance curates a list of our top five insurtech stories from the year.

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.

Blazes raged through more than 2,000 acres of wildland in recent months in his county deep in the woods of Oregon, where a wet climate once made forest fires unthinkable. That's an increasingly common scene around the world — from Canada to Greece, global warming has helped fuel larger and more destructive blazes, pushing firefighting services to the brink.

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.

Incomplete auto and property policy information contributed to a spike of losses in 2022

Property and casualty insurers can benefit from tools and data that enable them to assess damage and address claims quickly.

Capgemini, III report looks at mitigation options in insurers' hands.

Tensorflight offers next generation displays of property data gathered with new imaging techniques to determine building replacement costs for insurers

The launch of its digital First Notice of Loss is one of the many steps the company is taking to expand its digital channels.

Nationwide and Labrador Systems are partnering on a pilot program to support people aging in place and people with long or short-term health challenges, as well as their caregivers, using the Labrador Retriever robot.

Honda’s vision of how people will work, travel and spend leisure time in the future will help expand its business beyond cars, lawn mowers and motorcycles. The efforts are a key component of Honda’s “2030 Vision” to broaden the definition of mobility and to improve peoples’ daily lives.

“Spot,” created by Boston Dynamics, known for its viral robot videos, and customized for Farmers, a P&C insurer, is the first collaboration of its kind.

Also: Lemonade adds life insurance with Bestow

Customers were ready to leverage drones and self-service after weeks under social-distancing regulations, insurers say.

The Ring Always Home Cam moves autonomously and is equipped with an indoor camera, giving users multiple view points of their homes.

Computer vision helps us turn the vast amount of geospatial imagery generated by satellite, reconnaissance planes, and drones into geospatial intelligence to be used in risk assessment, loss prevention, risk management, and product innovation.

Start-ups and other companies have been working to develop tech innovations addressing extreme-weather disasters.

Acquiring company, Vexcel Imaging, will have ownership of imagery and data library as the companies work together on other projects.

The certification allows drone flights under regulations similar to those for airlines, letting the company vastly expand airborne deliveries.