Latest Automation Optimization Headlines

All the headlines from our Automation Optimization Topic Page, ordered by recency.

B3i’s Blockchain Re/Insurance Network Begins to Offer Real-Life Industry Solutions

Oct 22 2019 // The author Douglas Adams once said, “We are stuck with technology when what we really want is just stuff that works.” Many of us can relate, especially with new technology such as distributed ledger technology...

Travelers Joins MIT Research Groups Focused on Autonomous Transportation

Oct 10 2019 // The Travelers Companies has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE), organizations working to advance...

Regional Greenhouse Gas Initiative Grows by Another State

Oct 3 2019 // Pennsylvania Gov. Tom Wolf on Thursday ordered his administration to start working on regulations to bring Pennsylvania into the Regional Greenhouse Gas Initiative. The initiative is a nine-state consortium that sets...

Automated Driver Assist Cars Still a Work in Progress

Sep 9 2019 // To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead. But to the Tesla Inc. Model S traveling down a Southern California freeway last...

5 Insurtechs Working to Improve Agency Processes, Efficiency

Aug 26 2019 // Independent insurance agents can find sifting through the many insurtech products to pinpoint ones suited to their needs is a daunting assignment. But it’s an assignment they must tackle, according to agency...

Crying Robots Aside, Insurance Industry Shouldn’t Fear Artificial Intelligence: Viewpoint

Aug 22 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...

Companies Continue March Towards Robots; Orders Up 7.2% in First Half of Year

Aug 20 2019 // In the first half of 2019, the North American robotics market is up 7.2%. From January to June, North American companies ordered 16,488 robots, valued at $869 million. For all of 2018, orders totaled 28,478, which was 16...

101 Sales & Marketing Ideas For Agencies

Aug 19 2019 // 1. Quality Sales Managers. Invest in a quality sales manager who knows how to motivate and guide members to their goals. 2. Transcribe with AI. Otter.ai is a platform that allows — through the website or mobile app...

How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion

Aug 8 2019 // Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value. The U.S. workers comp insurance market is forecast to earn revenues of $55 billion in...

Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project

Aug 1 2019 // Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were received from across the world for the third cohort of the...

Data-Deprived Auto Insurers Cautious About Discounts for Advanced Safety Features

Jul 26 2019 // Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise...

The Potential of Artificial Intelligence

Jul 15 2019 // In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance company that utilizes artificial intelligence in support of customer service...

Indiana Court: IBM Owes State More Than $70M in Automation Dispute

Jun 27 2019 // Indiana’s Supreme Court has decided IBM Corp. must pay the state more than $70 million over the company’s failed effort to automate much of the state’s welfare services. The court ruling upholds lower...

What to Expect in Agency Technology

Jun 21 2019 // To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...

Tesla’s Autopilot System Confuses Drivers About Extent of Automation: Safety Report

Jun 21 2019 // Automakers including Tesla Inc. are stoking confusion among motorists by choosing names for their automated-driving systems that wrongly suggest they’re more capable than is actually the case, according to the...

Announcing eSURETY®V7: Industry Leading Surety Automation Software

Jun 13 2019 // Ponte Vedra, FL, June 13, 2019- “For the past 21 years, eSURETY®, the leading surety bond software developer, has produced the best software for automated underwriting, operations, bond lifecycle management, agency...

Connecting the Dots in Agency Technology

May 20 2019 // To say the agency technology space is robust is an understatement. Right now, the industry is seeing an “onslaught of technology available to enable agents and brokers to better manage, not only their business, but...

Emphasizing Empathy During Technological Transformations

May 20 2019 // The insurance industry is undergoing a technological transformation. Insurers are moving data to the cloud, using artificial intelligence and beginning to prepare for a potential blockchain economy. Products and services...

Sniffing Out Particles, Singling Out Pigs: Food Industry Urged to Embrace Robots, AI

May 6 2019 // E.coli in beef. Metal shavings in bread crumbs. Contaminated water on vegetables. The food industry has its share of quality control scandals and their insurers have had their share of claims. Some believe food would be a...

Oklahoma Lawmakers Send Autonomous Vehicle Safety Bill to Governor

May 6 2019 // Oklahoma would establish rules regulating how to safely operate driverless vehicles navigating state highways under a bill passed by Legislature that has been sent to the governor’s office. Autonomous vehicles are...