Aon has collaborated with insurtech CLARA analytics to offer workers’ compensation insurers artificial intelligence and predictive analytics tools that help injured employees return to work quickly. The deal facilitated by Aon Benfield, the broker’s reinsurance intermediary and capital advisor, also decreases loss ratios and improves operational efficiency around claims for carriers, according to the companies.

Hyatt Hotels Corp (H.N) said on Thursday it had discovered unauthorized access to payment card information at certain Hyatt-managed locations worldwide between March 18, 2017 and July 2, 2017.

To build an effective security strategy for the internet of things (IoT), we first need to understand the value of the data that is generated. The ability to use data, collected from a variety of locations and sources, to drive decision making is a key asset of the IoT.

The Canadian auto industry overall is seeing no reduction in car accidents and “big cost pressures upward on severity coming from both injuries and the repairs of cars themselves,” a speaker suggested last week at the National Insurance Conference of Canada (NICC).

Some of America’s Top 6 insurers are already testing Tractable’s artificial intelligence photo estimating system — technology which could possibly replace human desk review on up to 70 percent of auto collision claims, according to the company’s founders.

Wearable technology has advanced from simply storing data to helping prevent or reduce workplace accidents, and can provide employers and insurers with invaluable information, industry analysts said Thursday. However, that information must be properly stored, processed and protected, they added.

General Motors Co’s self-driving unit, Cruise Automation, told California regulators its vehicles were involved in six crashes in the state in September, but said none of automated vehicles were responsible.

The average cost of cybercrime globally climbed to US$11.7 million per organization, a 23% increase from US$9.5 million reported in 2016, according to new research from Accenture and the Ponemon Institute.

The insurance industry felt the first wave of insurtech with the emergence of the internet in the 1990s when bricks-and-mortar commerce slowly made its way on to the web.

With the rapid advancements in autonomous vehicle technology and regulations, the auto insurance sector could decrease by 71 percent, or $137 billion, by 2050, according to a recent report by KPMG.

More than 900 data breaches led to nearly two billion records being compromised worldwide in the first half of 2017, digital security company Gemalto said in a new report.

Unmanned aircraft — small and large — swooped in during the aftermath of Hurricanes Irma and Harvey to get a glimpse of the devastation. That’s why insurance companies have been using drone technology more than ever before to quickly — and safely — assess damage from the storm.

Uber Technologies Inc. has filed a lawsuit against Fetch Media Ltd., a mobile ad agency owned by ad giant Dentsu Inc., alleging the agency misrepresented the effectiveness of its mobile ads, failed to prevent ad fraud and didn’t return rebates owed to Uber.

Clearcover, a Chicago-based company that says it can save customers up to 50 percent on car insurance by streamlining the way it’s marketed and sold, announced Tuesday that it has landed initial funding of $11.5 million.

Lightbank, the Chicago-based investment firm co-founded by Eric Lefkofsky ⇒ and Brad Keywell ⇒, led the financing. New York-based Greycroft Partners, 500 Startups and Silicon Valley Bank, both based in California, participated.

In the devastating wake of Hurricane Irma in Florida, roads are damaged, trees and power lines are down, and houses and buildings have been battered. All of which makes it difficult to get to many sites to review them for claims.