Latest Data Driven Headlines
All the headlines from our Data Driven Topic Page, ordered by recency.
Going to Court Over Losses When Robot Is to Blame
May 7 2019 // Robots are getting more humanoid every day, but they still can’t be sued. So a Hong Kong tycoon is doing the next best thing. He’s going after the salesman who persuaded him to entrust a chunk of his fortune to...
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...
Microsoft Tools Ease Access to Blockchain, Artificial Intelligence for Businesses
May 3 2019 // Microsoft Corp. on Thursday announced new tools for software makers aimed at making technologies such as artificial intelligence and blockchain easier for businesses to use. Microsoft released the tools ahead of its...
AI Startup Cytora Raises $32.5M to Expand Commercial Insurance Products, Geographies
Apr 22 2019 // Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate...
Automation, Artificial Intelligence Part of Plan for Modernizing Texas Insurance Department
Apr 15 2019 // Becoming the chief insurance regulator of a large and populous state with the second largest insurance market in the country was never in Kent Sullivan’s game plan. But when Texas Gov. Greg Abbott asked Sullivan to...
Texas Releases New Guidelines for Insurer Catastrophe Data Collection, Reporting
Apr 12 2019 // Applying lessons learned after Hurricane Harvey, the Texas Department of Insurance has upgraded its procedures for collecting and reporting data following a disaster. TDI recently released its new catastrophe data...
How Real Are ‘Ethical Artificial Intelligence’ Efforts by Tech Giants?
Apr 11 2019 // The biggest tech companies want the public to know that they’re taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants...
Missouri University Scientists Using AI to Design Flood Evacuation Plans
Apr 10 2019 // Transportation agencies and first responders may soon get help from artificial intelligence to determine the best evacuation routes during floods such as those affecting portions of Missouri and the Midwest. Researchers at...
What’s In Store for Insurance Industry As It Enters Post-Digital Era?
Apr 10 2019 // The insurance industry is entering a new “post-digital” era where success is based on an organization’s ability to master artificial intelligence (AI) and other new technologies. The post-digital era...
MIT Researcher Exposing Bias in Facial Recognition Tech Triggers Amazon’s Wrath
Apr 8 2019 // Facial recognition technology was already seeping into everyday life — from photos on Facebook to police scans of mugshots — when Joy Buolamwini noticed a serious glitch: Some of the software couldn’t detect...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Apr 4 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible...
Modernization on the Mind of Texas Insurance Commissioner
Apr 2 2019 // Powered by InsuranceJournal.tv Note: This is the first of a three-part series resulting from a conversation with Texas Insurance Commissioner Kent Sullivan. Becoming the chief insurance regulator of a large and populous...
How Errors & Omissions Lawsuits May Change
Apr 1 2019 // Artificial Intelligence and Private Equity Investments Will Play an Increasing Role Plaintiff attorneys, at least the smart ones, must make sales decisions, too. Whereas a smart producer will create a pipeline that filters...
How Laws Will Tell Humans From Robots Is No Joke: Viewpoint
Mar 18 2019 // There’s a lot of loose talk about convergence between people and robots. As some see it, the rise of artificial intelligence will make humans obsolete — or at least force people to think more like machines. Whether...
Aon, Insurtech Zesty.ai Partner to Enhance Property Underwriting with AI Data
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides...
Shift Technology Raises $60M to Expand Use of AI for Fraudulent Claims Detection
Mar 6 2019 // Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers detect fraud during the claims...
Whew! Human Beats IBM’s AI Machine in Debate
Feb 13 2019 // International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came close. The tech giant’s six-year-old artificial intelligence debating system, affectionately...
Artificial Intelligence Startups Win Zurich’s 1st Global Insurtech Competition
Feb 8 2019 // Zurich Insurance Group announced that the gold and silver winners for its first global insurtech competition were startups that have developed artificial intelligence-based solutions. Toronto-based Chisel AI was the gold...
Automation and Workers of the Future
Feb 4 2019 // Automation won’t be replacing the entire workforce but about one-quarter of U.S. jobs could be severely disrupted as artificial intelligence (AI) takes hold in the near future. According to a new Brookings...
UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse
Feb 1 2019 // The U.K.’s Information Commissioner’s Office fined Brexit supporting campaign Leave.EU and a linked insurance company 120,000 pounds ($156,000) for serious breaches of electronic marketing laws as it opens a...
