Workers’ Comp Insurers Slow To Adopt Technology

‘If it ain’t broke, don’t fix it’ is a mindset that’s potentially limiting growth in the US workers’ compensation insurance industry.
February 20, 2018 Risk Management Technology Workers' Compensation

Life Changing Technology Is A Win-Win For Insurers And Insureds

Ten years ago, could you have imagined that the measly timekeeper around your wrist could save your life? In 2018, disease-detecting accessories are no longer science fiction.
February 16, 2018 Life & Health Technology

Top 10 Claims Trends That Will Affect 2018

2017 will be remembered as the landmark year for digital transformation of claims processing within the property/casualty insurance industry.
February 15, 2018 Risk Management Technology

Subrogation In A Machine’s World

When people hear the word “internet,” they usually think of search engines, funny videos, or personal interactions through social media. But the internet involves so much more. Machine-to-machine (M2M) communication represents a significant portion of all internet communications.
February 15, 2018 Subrogation Technology

Insurtech Startup, Insurer Team Up To Reduce Injury Claims With Wearables

Argo Insurance is planning to launch a new pilot program with insurtech startup Kinetic, a maker of wearable devices, aimed at preventing back injuries and corresponding injury claims from its restaurant, supermarket and retail clients.
February 6, 2018 Risk Management Technology Workers' Compensation

Insurers More Willing To Experiment With New Tech This Year

A majority of insurers plan to significantly increase spending on emerging technologies, such as artificial intelligence, and create separate business units—or innovation labs—to develop and market new products.
February 2, 2018 Risk Management Technology

Wait For It: The Age Of Autonomous Vehicles

Autonomous cars are supposed to be just around the corner, right? Well, not exactly. Every year, car companies flock to CES and the North American International Auto Show in Detroit to show off their cool self-driving car concepts.
February 1, 2018 Auto Technology

’Jackpotting’ Hackers Steal Over $1M From ATMs Across U.S.: Secret Service

A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service official said on Monday.
January 30, 2018 Property Technology

Tesla Collision Into Firetruck Under Investigation By NTSB

A tweet by the local firefighter’s union Monday showed a photo of a Tesla Model S with its nose wedged under the back end of a fire truck and its hood badly wrinkled. The car had been traveling at 65 miles an hour, the tweet said.
January 24, 2018 Auto Liability Technology California

Zurich Head On The Need To Look At Claims As Cost Pressure Rises

Claims transformation is being pushed to the top of insurers’ agendas thanks to a changing marketplace, heightened customer expectations, and pressure to reduce costs, says Zurich’s head of claims strategy.
January 23, 2018 Risk Management Technology

Future Bright For Insurance With ‘Fascinating Melding’ Of IoT And AI

OK Google — what’s artificial intelligence (AI) going to look like in 2018?” While your home smart sensor or smart phone might not have a precise answer to that question, it will certainly take note of the fact that you asked it.
January 22, 2018 Technology

Marsh Warns Of Hurricane Katrina-Scale Losses From Cloud Breach

Cyber exposure shot into focus in 2017. Dramatic events like WannaCry and NotPetya crippled parts of the corporate sector and forced the business world to wake up to the ever-evolving issue.
January 19, 2018 Catastrophe Excess & Surplus Lines Liability Risk Management Technology

Top Emerging Techs For Insurers: Predictive Analytics, AI, Chatbots

Insurers show interest in a diverse range of so-called "emerging" technologies, but certain innovations are farther along the deployment curve than others.
January 17, 2018 Risk Management Technology

CLM and Claims Pages Create Strategic Alliance

CLM and Claims Pages have entered a significant strategic alliance that will bring substantial new benefits to the CLM members and Claims Pages registered users. CLM is the insurance industry’s largest professional association with a membership of nearly 45,000. Claims Pages is a premier source for resources for claims professionals with more than 200,000 registered users and more than 1 million page views quarterly.
January 12, 2018 Technology

Safety Gadgets Driving Up Insurers’ Auto Repair Costs

Safety gadgets mounted on today’s slick new vehicles are creating headaches for insurers when it comes to the severity of auto insurance physical damage claims.
January 10, 2018 Auto Technology
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