Latest Artificial Intelligence Headlines
All the headlines from our Artificial Intelligence Topic Page, ordered by recency.
Insurers’ Big Data Plans Could Fail if They Don’t Get Basics Right: Mair of Atticus DQPro
Jun 13 2018 // Executive summary: Many major insurers still rely on manual or semi-automated data quality checks, which are time consuming, costly and have a high margin for error. As a result, before they pursue advanced data projects...
EU’s Data Privacy Law Places AI Use in Insurance Under Closer Scrutiny
May 22 2018 // Regulators are beginning to teach robots who’s the boss. After spending billions of dollars on cutting-edge artificial intelligence technologies, Europe’s banks and insurers face tougher scrutiny of the tools...
Why Insurance Industry Should Embrace, Not Fear, Artificial Intelligence
May 22 2018 // Powered by InsuranceJournal.tv Artificial intelligence isn’t the cold, job killing disruptor many fear it to be – at least it won’t be for many years to come, says Jeff Somers, president of...
Risk Management Not Keeping Pace with Technology Trends: Marsh-RIMS Report
May 21 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published in...
How Insurer Execs, Workers View Artificial Intelligence and Future Work
May 11 2018 // Insurers can seize major growth opportunities by redesigning work, bringing in new talent, and pivoting their existing workforces to work with artificial intelligence (AI), according to a new repot by Accenture. The...
White House Hosts Meeting on Future of Artificial Intelligence
May 10 2018 // The White House plans to convene a meeting on Thursday on the future of artificial intelligence in U.S. industry with major companies including Facebook Inc., Amazon.com Inc., Google parent Alphabet Inc. and Oracle Corp....
Nationwide Ventures Backs Drone Data Startup Betterview
May 9 2018 // Nationwide has made an investment in Betterview, a machine learning insurtech startup that focuses on analyzing data from drones, satellite and other aerial imagery. Betterview said it will use the undisclosed amount of...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
QBE Invests in HyperScience Artificial Intelligence for Office Work
May 3 2018 // QBE Insurance Group Limited (QBE) through its QBE Ventures, has closed an investment into HyperScience, a machine learning company focused on building artificial intelligence products for automating office work. In...
UN Official: Tech Industry Must Address Cybersecurity, Job Effects from Its Innovations
May 1 2018 // Technology companies have an obligation to address the unintended consequences of advances like artificial intelligence and innovations that enable damaging cyber-attacks, said Atti Riazi, chief information technology...
Experts Warn on Malicious Use of Artificial Intelligence
Apr 27 2018 // The world must prepare for potential malicious use of artificial intelligence (AI) by rogue states, criminals and terrorists, according to a report by a group of 26 security experts. Forecasting rapid growth in cybercrime...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Cyber Analytics Firm Envelop Risk Launches Cyber MGA
Apr 17 2018 // Envelop Risk, a London-based cyber insurance analytics firm, announced the launch of a cyber managing general agent (MGA). Envelop Risk provides cyber underwriting to re/insurers and partners with cyber security firms to...
Technology Is Outpacing Risk Management: Marsh-RIMS Report
Apr 17 2018 // Emerging technologies continue to rapidly change the way businesses operate and interact with customers, yet risk management processes are not keeping pace with the associated risks, according to a report published today...
Taming Technochauvinism and Accepting Computers Don’t Always Get Things Right
Mar 27 2018 // An algorithm can predict which passengers survived the sinking of the Titanic in April 1912 and can do so with 97 percent accuracy—a result that both demonstrates the power of artificial intelligence and, more subtly,...
Analytics and Automation Reshaping the HR Process
Mar 19 2018 // Advancements in technology are driving continued evolution throughout the insurance industry. From insurtech and telematics to artificial intelligence (AI) and digitalization, the industry continues to face increased...
Large Commercial Insurance Brokers Investing in AI, Analytics: Novarica
Mar 14 2018 // Large commercial brokers transacting business with multiple carriers and distributors are seeking to differentiate themselves in a competitive marketplace through improved technology such as artificial intelligenceI,...
Artificial Intelligence Raises Real Risks from Malicious Hackers, Rogue States
Feb 21 2018 // Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted...
Munich Re Leads $16.5M Financing for AI, IoT Startup Mnubo
Jan 31 2018 // Munich Re’s HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things (IoT), data analytics and artificial intelligence (AI) startup, which is seeking to expand internationally. Founded in...
Top Insurtech Predictions for 2018
Jan 8 2018 // Insurtech is often framed as a force of disruption in the insurance industry. But technology doesn’t disrupt the industry – it enhances the way carriers and customers interact. In 2018, I predict we will...
