Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
European Researchers Turn to AI to Build Better Weather Data
Jan 26 2021 // European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European Centre for Medium-Range...
Viewpoint: Cyber Insurance Policies Are Challenging to Underwrite. AI Can Help.
Jan 20 2021 // Advancements in artificial intelligence are in many ways a double-edged sword for the cyber insurance industry. Increasingly diverse and sophisticated cyber attacks have dramatically increased the demand for cyber...
Texas Extends Workers’ Comp Insurer COVID-19 Data Call to June
Jan 19 2021 // The Texas Division of Workers’ Compensation (DWC) has extended until June 2021 its mandatory data call for information related to COVID-19 injuries reported to selected insurance carriers on or after Dec. 1,...
Startup Loop Wins Funding for Fairer Auto Insurance Rating Model That Uses AI
Jan 19 2021 // Loop, a managing general agency focused on building an auto insurance model that does not utilize credit scores and ZIP codes, announced the close of a $3.25 million seed round last week. Freestyle.VC led the funding...
Insurance Veterans Lead Confianza, Big Data Analytics Startup for Smaller Insurers
Jan 19 2021 // Two insurance industry veterans have launched Confianza, a new data analytics company focused on smaller insurers. One co-founder – Jeffrey Glazer – is a past chief executive officer of Activer Solutions and Insurity,...
Next Insurance Buys Data Firm Juniper Labs to Enhance Workers’ Compensation Offering
Dec 11 2020 // Digital small business insurer Next Insurance has closed its first acquisition, buying Juniper Labs, a Denver-based provider of data and underwriting technology. With the acquisition, Next said it will focus on innovation...
AI Ethics Scholar’s Exit Adds to Google’s Employment Practices Woes
Dec 7 2020 // Prominent artificial intelligence scholar Timnit Gebru helped improve Google’s public image as a company that elevates Black computer scientists and questions harmful uses of AI technology. But internally, Gebru, a...
Workers’ Comp Insurance MGU Method Adapts Cutting Edge AI Solution to Streamline Underwriting
Dec 1 2020 // Nashville, TN, December 1, 2020 – Method has partnered with Gradient AI to incorporate state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) solutions into the underwriting process. Method utilizes...
Q&A on Mental Health Issues Among Employees and How AI Might Help
Nov 30 2020 // We are all familiar with the challenges of 2020, but we may still be underestimating how deep and wide they go. Seven in 10 employees say this has been the most stressful year of their working lives, according to a report...
Texas Issues Call to Insurance Companies for 2019 North Texas Storm Data
Nov 17 2020 // The Texas Department of Insurance has issued a call to insurers licensed to write property/casualty insurance in Texas, including surplus lines and farm mutual insurers for the collection of data about a 2019 storm in...
Swedish Insurer Folksam Accidentally Leaks Private Data on 1 Million Customers
Nov 3 2020 // Sweden’s largest insurer, Folksam, accidentally leaked private data on about one million of its customers to a handful of the world’s largest technology companies, it said on Tuesday. Folksam, which insures 50%...
Louisiana Issues Insurer Data Call for Hurricane Delta Damage Claims
Oct 30 2020 // Property/casualty insurance companies in Louisiana, including those that write private and/or excess flood coverage, as well as surplus lines insurers, have been directed to report claims data arising from Hurricane Delta...
AI-Based Risk Score Predicts Prognosis of Outpatients with COVID-19
Oct 28 2020 // A new artificial intelligence-based score considers multiple factors to predict the prognosis of individual patients with COVID-19 seen at urgent care clinics or emergency departments. The tool, nicknamed CoVA, was created...
Travelers Offers Artificial Intelligence for Companies to Assess Worker Safety
Sep 25 2020 // The Travelers Companies said it has started using artificial intelligence to offer business customers virtual and onsite ergonomic assessments. Travelers claims to be the first insurance carrier to provide the...
Texas Windstorm Insurer Seeks More Data on Rate Adequacy, Hurricane Modeling
Sep 24 2020 // The Texas Windstorm Insurance Association’s actuarial and underwriting committee is seeking more data from TWIA staff and an actuarial consulting firm on rate adequacy and catastrophe modeling for potential hurricane...
EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future
Sep 24 2020 // The investment will empower insurance companies, banks, and other financial institutions to build and optimize digital journeys with an AI-powered no-code platform Tel Aviv, Israel – September 24, 2020 – EasySend, the...
Texas Reminds Insurers, Agents of Data Accuracy Responsibilities
Sep 10 2020 // The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they are responsible for the accuracy of the data used in rating, underwriting, and...
It’s Clear Insurance Agency Data Is Valuable. Who Owns It May Not Be So Clear.
Aug 24 2020 // Independent agencies, like every other business, are living in a data-driven world. The value of data — including how and when it’s used and for what purpose — continues to evolve. As the value of data to...
Arceo.ai Names Gamble in New York to Lead Broker Relations
Aug 19 2020 // Cyber analytics firm Arceo.ai has named Thomas Gamble as executive vice president and global chief distribution officer. Gamble will be based in Arceo’s New York offices. Gamble has experience in mergers and...
Amazon Helping Toyota Build Cloud-Based Data Services That Include Insurance
Aug 18 2020 // Amazon.com Inc.’s cloud computing unit will help Japan’s Toyota Motor Corp. build a platform to help manage and monetize data gathered from the automaker’s global vehicle fleet, the companies said on...
