Ford Partners With Metromile For Insurance On New Cars
Ford is giving new car buyers a way to save money on insurance now that millions of Americans are working from home and driving less than they were before the coronavirus hit the U.S.
September 4, 2020
Auto
Technology
Three Ways AI Can Tackle The Claims Adjuster Staffing Gap
Commercial insurance faces a growing claims adjuster staffing gap. On the retirement end, there’s a rising tide of experienced adjusters leaving the profession.
September 3, 2020
Education & Training
Technology
Payments At The Speed Of Light
While the processing of inbound and outbound payments in insurance isn’t exactly known for its speed, there are significant advancements being made by both insurers and solution providers to hasten delivery of payments and expand payment options.
August 27, 2020
Technology
Driver Assistance Helping Keep Accidents Down Despite Bad Habits
Distracted driving and major speeding violations are on the rise, and technology will play a key role in helping to keep drivers safe and shaping the auto insurance customer experience, according to a new report from LexisNexis Risk Solutions, a provider of advanced analytics services for businesses and governmental entities.
August 20, 2020
Auto
Technology
The Evolving World Of Fraud Detection In Underwriting
Today’s underwriting environment is under constant siege. New and emerging risks are mandating new underwriting and portfolio risk management techniques that demand improved or enhanced technologies to bolster performance.
August 20, 2020
Technology
The True Cost Of A Non-Digital P&C Claims Process
By now, most P&C insurance providers are well aware of the customer experience and efficiency benefits of digitizing their customer-facing processes. Yet partially rather than fully digitized claims processes remain the norm for many carriers, who don’t necessarily draw a clear connection between digitizing and the company’s fundamental raison d’etre: turning a profit.
August 13, 2020
Technology
Revolution In Workers’ Comp Claims Management: Telehealth And AI
While coronavirus news is often bleak and sometimes downright depressing, there may be a silver lining for claims management.
August 12, 2020
Technology
Workers' Compensation
IT Issues As Insurance Shifts To A Permanent Remote Workforce
I had the opportunity to work for a major property and casualty insurance provider that was well on its way with technology research, development investments, tech deployment phases and business transformation.
August 7, 2020
Technology
‘Scalable Compassion’ In Workers’ Comp
It’s a common story: A worker falls off a ladder while performing his job and gets hurt. A bone is broken, a disc is ruptured — the worker is in pain and can’t go to work. He files a workers’ comp claim but needs a doctor right away and chooses one at random.
August 6, 2020
Technology
Workers' Compensation
The Herculean Task Required To Reduce Liability Claims Involving Autonomous Vehicles
Autonomous vehicles need their own space to operate, a report says, and auto executives agree that putting them on the same roads as human-driven cars in a mixed-use environment will only increase liability claims.
July 31, 2020
Auto
Liability
Technology
Report: US Has The Highest Average Cost For Data Breaches
More than 8.5 billion records were compromised in data breaches in the span of one year ending April 2020, and the average cost of a mega-sized data breach was $3.86 million, a new report by IBM has found.
July 31, 2020
Excess & Surplus Lines
Technology
Three Auto Claim Examples That Prove Telematics Is A Must
If you’re not convinced about the value of telematics in the auto insurance space, you might be swayed after reading what Phil Ost, head of personal lines at Zurich Insurance Company, had to say during a virtual fireside chat at Connected Claims USA 2020.
July 28, 2020
Auto
Technology
Elon Musk Creating Insurance Company For Tesla Drivers, With Premiums Based On Telematics
Despite a rocky rollout from its first attempt, Tesla is eyeing a full-fledged insurance product using data collected from its vehicles to offer cheaper premiums than traditional insurers.
July 24, 2020
Auto
Technology
Alcohol Detection Systems Could Prevent More Than A Fourth Of U.S. Road Fatalities
Alcohol-detection systems that stop people from drinking and driving could prevent more than a quarter of U.S. road fatalities and save upwards of 9,000 lives a year, a new study from the Insurance Institute for Highway Safety shows.
July 24, 2020
Auto
Liability
Technology
Getting Into Insurance? The Insurance Industry Outlook Is Brighter Than Ever
Over the last decade, the insurance industry has undergone dramatic changes that have catapulted it to the forefront of the American consciousness, driven by advancements in technology, shifts in consumer demand and growth in creative advertising.
July 24, 2020
Technology
