Momentous Change And Mobile Devices
Technology is the foundation of the insurance industry: the means to solve or approximate answers to questions about the cost and availability of insurance, in addition to ways to reduce risk, improve service and expand coverage.
June 26, 2019
Risk Management
Technology
Uber Reveals First Fully Autonomous Car In Partnership With Volvo
Uber has presented the latest member of its self-driving car fleet at its annual Elevate conference. The self-driving Volvo XC90 SUV is the first Uber vehicle designed without the need for a driver.
June 18, 2019
Auto
Technology
Further Down The (Block)Chain: A Look At The Risks Ahead
Last year saw a shift to real, use-case blockchain technology proof-of-concept projects in various markets, including shipping, insurance, logistics, mining, energy, and fine art.
June 18, 2019
Liability
Risk Management
Technology
Blockchain: A Hammer Looking For A Nail?
Netting of subrogation payments, the exchanging of payments between carriers at regular intervals instead of on a claim-by-claim basis, is a concept that has been around since the mid-1990s.
June 17, 2019
Subrogation
Technology
Digital Claims Enhancements Boost Adjuster Efficiency, Customer Experience
Walnut Creek, Calif.-based CSAA Insurance Group, a AAA Insurer, is partnering with Owlcam, a Palo Alto, Calif-based provider of car security webcams and services, to improve the P&C insurer’s customer claims experience.
June 14, 2019
Auto
Technology
The Good, The Bad, And The Unlikely In Tesla CEO’s Plans
Elon Musk has been rocking the boat in the insurance industry as of late after confirming in a Q1 earnings call that Tesla planned to launch its own insurance product, later announcing that the automotive company would partner with State National Insurance Company, a subsidiary of insurance titan Markel Corporation, which will serve as a fronting company for the program.
June 13, 2019
Auto
Liability
Technology
NICB’s Geospatial Intelligence Center Facilitates Tornado Claims In Ohio
Pictures tell our stories, good and bad. For Ronald Bretherick photos after the Memorial Day tornado that ripped through his North Ridge neighborhood show his home of 44 years destroyed.
June 6, 2019
Property
Technology
Ohio
Inside AIG’s Wearables Pilot
WIth back injuries affecting 1 million workers a year and accounting for 20% of all workplace injuries, according to the Bureau of Labor Statistics, AIG was looking for a solution.
June 3, 2019
Risk Management
Technology
Workers' Compensation
How We Can Better Use Technology To Manage Soft Tissue Injury Claims
Soft tissue injuries — generalized sprains, strains and pains — have long been a source of anxiety for workers’ compensation risk managers, as these claims are more susceptible to subjective findings and can quickly become inundated with narcotics and surgery requests.
May 31, 2019
Technology
Workers' Compensation
Telemedicine: Last Frontier For WC?
Telemedicine makes it possible for injured employees to reach a qualified clinician from home or the worksite, providing a promising alternative that ensures early treatment.
May 30, 2019
Technology
Workers' Compensation
Why Cyber Insurers Can Expect To Make More (And Bigger) Claims Payments
Not only is the frequency of ransomware attacks skyrocketing, attackers are targeting larger organizations and demanding higher ransom payments.
May 29, 2019
Technology
First American May Have Exposed Millions Of Client Records
First American Financial Corp., one of the largest U.S. title insurers, may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003, according to a security researcher.
May 29, 2019
Fraud
Technology
The Bitcoin Ponzi Scam That Won’t Go Away
In an industry rife with scams, one cryptocurrency trading startup -- USI Tech -- was paying real dividends on its customers’ investments.
May 24, 2019
Fraud
Technology
IBM Watson Beats Humans In Suncorp Claims Assessments
Suncorp ran Watson silently alongside its consultants for six months, with the AI returning the most accurate insurance claims assessments.
May 23, 2019
Technology
Automation Enables Instantaneous Disbursal Of Flight Delay Insurance Claims
Insurance companies are using automation and blockchain to disburse flight delay claims even before they are filed by the passengers.
May 23, 2019
Excess & Surplus Lines
Technology
