The Risks, Opportunities And Impacts Of 5G Technology

In China, doctors perform ultrasounds on COVID patients in Wuhan using an ultrasonic robot they control from 435 miles (700 km) away.
May 1, 2023 Technology

Insurers Boosting Their Use Of AI

The recent launch of ChatGPT has underscored artificial intelligence’s newfound scale, speed and mass accessibility, as well as its long-term potential to complete complex tasks currently performed by humans. Suddenly, AI is in the headlines everywhere, drawing the attention of commentators, business executives and even policymakers.
April 28, 2023 Insurance Industry Technology

YouTube Case Before Supreme Court May Decide AI Protections

Alphabet Inc.’s YouTube is being sued for its video recommendation practices, and the U.S. Supreme Court is preparing to issue a ruling.
April 25, 2023 Legislation & Regulation Litigation Technology

Legal Trap: Google’s AI Drake

The AI Drake track that mysteriously went viral over the weekend is the start of a problem that will upend Google in one way or another -- and it’s really not clear which way it will go.
April 24, 2023 Litigation Technology

Six Words To Focus Your AI Innovation Strategy: Think Big, Start Small, Learn Fast

AI is having quite a moment. One high profile AI app, ChatGPT, has become the fastest growing consumer app in history. It garnered over a million users in its first five days and hit one 100 million active users in just two months.
April 21, 2023 Technology

Video Telematics Transforms Road Safety

Road safety is increasingly coming under the spotlight across the U.S. -- at both a state and national level. Latest statistics from the National Highway Traffic Safety Administration (NHTSA) estimate 20,175 people died in motor vehicle traffic crashes in 1H 2022, an increase of about 0.5% from the first half of 2021.
April 18, 2023 Auto Technology

The Promise And Perils Of AI

While the news media often treats artificial intelligence (AI) as an emerging development, it has been around for more than 50 years and is more integrated into modern life than many people realize.
April 13, 2023 Insurance Industry Technology

Firm Files 25K Lawsuits Against Florida Insurers Within Six Days

Litigation is rarely warm and fuzzy, but what’s unfolding in Florida between plaintiffs firm Morgan & Morgan and the insurance industry puts hardball tactics in a new light.
April 11, 2023 Insurance Industry Legislation & Regulation Liability Litigation Technology Florida

Can Blockchain Transform Insurance?

According to recent market research, blockchain in insurance will expand from $64.5 million of revenue and cost savings in 2018 to $1.4 billion this year -- a compound annual growth rate of 85%!
April 11, 2023 Insurance Industry Technology

"Risk Management Is Shifting" -- The Institutes CEO

A predict and prevent approach to risk management is becoming more significant as technological developments create added value for both brokers and their policyholders.
April 7, 2023 Insurance Industry Risk Management Technology

Insurance Sector Primed For Wider Use Of AI

Artificial intelligence, all the rage in popular culture, is not a new fad in the insurance market, where it quietly powers operations that make businesses run more efficiently, at lower costs and with fewer errors.
April 5, 2023 Insurance Industry Technology

Drones Tapped To Improve Risk Management

Drones have been deployed by insurers and risk managers for several years to better assess risks, respond to catastrophes and improve claims efficiency.
April 4, 2023 Property Risk Management Technology

Explainable AI Is The Holy Grail

While many promises of disruption from insurtechs have fallen flat, now is the time to lean into digital transformation. On the cusp of a potential economic downturn, organizations must continue to adopt advanced solutions that foster quantifiable ROI and impact.
March 21, 2023 Insurance Industry Technology

New Frontier In UX, Risk Coverage

The metaverse is coming -- fast. In PwC’s 2022 US Metaverse Survey, 82% of business executives (including 87% of insurance executives) said they expect metaverse plans to be part of their business activities within three years.
March 20, 2023 Insurance Industry Technology

5 Key Challenges Where RPA Shines

Considering the pivotal role played by insurers, all data must be given accurately and all processes compliant. So, insurers must be able to count on the effectiveness and stability of their operations--and robotic process automation can help.
March 16, 2023 Insurance Industry Technology
SOS Ladder AssistAspen Claims ServiceMid-America Catastrophe ServicesWeller SalvageU.S. Forensic