A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...

From determining risk and setting premium rates to determining claim payouts, and optimizing customer outreach, insurance is highly dependent on data. Anywhere there’s a lot of data, AI provides ...

Historically, industries have transformed when they embraced open data and moved away from fragmented, proprietary systems. The results? Faster innovation, increased efficiency and greater ...

Siddharth Dixit, a seasoned Principal Architect with over 15 years of expertise, has been at the forefront of IT modernization and digital transformation within the insurance sector. Specializing in ...

The question of how much input the insurance industry should have on new privacy model rules divided some regulators and consumer advocates during a confusing ...

Verisk, a prominent data analytics and technology provider, has made a significant move toward enhancing California's property insurance market by becoming the first modeler to seek a review of its ...

The embedded insurance industry is revolutionizing the way consumers access insurance products by integrating them directly into the purchase process of other services or products. This seamless ...

With ravenous clients waiting for more computing power, data center developers are pressing to get trillions of dollars in new projects built as quickly as possible, straining insurance providers that ...

The Asia-Pacific risk landscape is undergoing a rapid transformation, leading insurers to adapt to the new hazards that can impact life and capital and encouraging them to explore the uses of powerful ...

The insurance industry, hungry for insights into how people drive, has turned to automakers and smartphone apps like Life360. By Kashmir Hill Kashmir Hill is a technology reporter who has been ...

EVs with 300 lb-ft of torque or more are associated with higher insurance loss For a range of popular EVs, this means popular AWD versions Higher EV curb weights and torque-to-weight ratio add to the ...