There is no dismissing the power of the mobile channel as it applies to insurers ability to obtain and service business. TextRequest.com statistics from 2015 hold that 84% of Americans report that they cant go a single day without checking their smartphone, and admit checking it 150 times per day, including first thing in the morning.
The certainty of death and taxes is equaled only perhaps by the use of banking and financial records for insurance investigations. How we view those records is changing in this new millennium.
External cyberattacks are costing businesses in the United States about US$3.5 million in incurred annual costs, with 79% of polled businesses lacking comprehensive strategies to manage these risks, according to a new Ponemon Institute study sponsored by BrandProtect.
The Kia Sorento, a midsize SUV, joins the ranks of Top Safety Pick+ winners, thanks to a new automatic braking system that earns a superior rating from the Insurance Institute for Highway Safety.
Insurers have become very active in insurance accelerators and startup investment over the past year, but must embrace failure in order to innovate, according to insurance tech analyst firm Novarica.
US highway safety officials said Wednesday that they are investigating a second crash of a Tesla car that may have been operating on the vehicles pioneering self-drive Autopilot technology.
Police and car insurers say thieves are using laptop computers to hack into late-model cars electronic ignitions to steal the vehicles, raising alarms about the auto industrys greater use of computer controls.
The fatal crash of a Tesla Motors Inc Model S in Autopilot mode has turned up pressure on auto industry executives and regulators to ensure that automated driving technology is deployed safely.
Almost three-quarters of U.S. drivers are eager to replace the daily commutes drudgery with a self-driving car and 80 percent say they would pay extra to have a robot take the wheel, according to a survey that contradicts other recent studies.
Everything is going automatic and those looking to perpetrate data breaches with malware are no different emphasizing the need for individuals and organizations to be better prepared to keep the cyber door closed to potential threats.
The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial photography.
The number of insurance telematics policies in force in North America is expected to grow at a compound annual growth rate (CAGR) of 45.8% from 6.3 million in the fourth quarter of 2015 to 42.1 million in 2020, according to a new report from analyst firm Berg Insight.
Cybersecurity company Kaspersky Lab has reported that its researchers have uncovered a global forum where cybercriminals can buy and sell access to compromised servers for as little as US$6 each.
Nissans (7201.T) Infiniti luxury brand will recall roughly 60,000 vehicles globally, a spokesman for the brand said on Thursday, as the steering system key to the Q50 sedans autonomous driving capabilities could malfunction.