AI and Technology – Page 4
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Lloyd’s of London resets systems following potential cyber attack
The international insurance marketplace detected ‘unusual activity’ on its network
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DWIC 2022: Why prevention is better than cure
It is time to take full advantage of the workplace transformation in health and wellbeing
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DWIC 2022: Is AI the next ‘silent cyber’?
Re/insurers are blissfully unaware of their growing exposure to AI-related liabilities, warned Simmons & Simmons
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Polish insurer taps Tractable’s artificial intelligence platform
Polish insurer PZU will be using Tractable’s artificial intelligence (AI) platform to create immediate end to end assessments and estimates of vehicle damage.
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Tractable chosen as US-based insurtech’s AI partner
US insurtech Root Insurance has chosen artificial intelligence (AI) company Tractable to help it streamline and develop its claims operations.
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Insurers to increase technology spend post-Covid – BlackRock
Nearly two-thirds of insurers are looking to increase their spend on technology over the next two years following accelerated digital transformation driven largely by the Covid-19 pandemic, according to research by investment management firm BlackRock.
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Pace of technology innovation must be maintained
Insurance Times’ Tech and Innovation Awards showcased the great variety of digital solutions supporting the insurance sector
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Insurers’ biggest threats are crime, regulation and technology – PWC
Crime, regulation and technology are the three biggest concerns for insurers worldwide, according to new research by professional services firm PricewaterhouseCoopers (PWC).
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UK executives most concerned about technology disruption risks in 2021 – Beazley
Specialist insurer Beazley has revealed the UK is more concerned about technology disruption risk than the US.
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The Big Question September 2021: How can the insurance industry best marry technology and a human touch?
Automation in the insurance sector is booming as many businesses continue to invest in digitalisation. Insurance Times asks how the industry can effectively combine technology and a human touch
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Zurich considers AI-related emerging risks
Liabilities could arise from the unintended consequences of decisions made by algorithms and artificial intelligence
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Ping An has successfully expanded into the Tech Sector
As of November 2020, Ping An owned the 9th most machine learning and artificial intelligence active patents equating to more than 3000 patents.
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Technology will continue to drive M&A – Clyde and Co
The law firm says that technology will continue to be a key feature of deals in the coming year
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Lloyd’s offers AI-enabled reputational risk cover
A group of Lloyd’s insurers are providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively.
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Liberty Mutual app harnesses AI to help employers better protect workers
Liberty Mutual Insurance’s new ErgoValuator app helps policyholders more effectively protect their workers and bottom lines from overexertion injuries, which cost employers more than $14 billion annually.
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First Spanish Insurer uses AI to assess vehicle damage
For the first time, an insurer in Spain – Admiral Seguros, the Spanish subsidiary of global insurer Admiral - is using Artificial Intelligence (AI) to create damage valuations and to generate an offer of immediate payment on damaged vehicles. To do this, Admiral Seguros is using an AI solution, ...
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France is Next For Lemonade’s European Expansion
Lemonade plans to make its new multi-risk insurance available in France by the end of 2020, but French residents can already sign up for the waitlist now. This marks the third European country to get Lemonade, following the Netherlands’ launch earlier this year, and Germany in June 2019. Upon launch, ...
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FRISS launches Insurance Is A Beautiful Thing campaign
FRISS, the leading provider of AI-powered fraud and risk solutions for P&C insurance companies, known for its creative approach toward the insurance industry, launched an international campaign to regain a feeling of pride in the insurance industry. “Because insurance is anything but boring,” says FRISS. Jeroen Morrenhof, CEO and Co-founder ...
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One Concern Forms Strategic Partnership with Sompo for Resilience Solutions in Japan
One Concern, Inc., today announced a strategic partnership with SOMPO Holdings, Inc., aimed at bringing AI-enabled resilience solutions and disaster-risk reduction technologies to Japan. The non-exclusive agreement builds upon the companies’ successful pilot project in Kumamoto City, Japan. This week marks Japan’s annual national disaster prevention day, which commemorates the ...
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GRS appoints Chris Heywood as Chief Systems Architect
Global Risk Solutions, Inc., a leading provider of a diverse range of claims adjusting and environmental risk management solutions, is continuing to expand and deepen its technology capabilities with the hire of Chris Heywood as Chief Systems Architect.