Watch Out Finance, Business, Tech Workers. Artificial Intelligence Is Coming. November 21, 2019 By Jeff Kearns Artificial intelligence is coming for America’s high-paid professions as it creates winners and losers across the labor market like never...
Salesforce Unveils Software Using Amazon AI to Speed Up Call Center Responses November 20, 2019 By Stephen Nellis Business software provider Salesforce.com Inc. said on Tuesday it would use artificial intelligence (AI) technology from Amazon.com Inc.’s cloud computing...
China’s Ping An Insurance to Spend $22B on Tech, From AI to Blockchain October 24, 2019 By Bloomberg News Ping An Insurance wants to be valued more like a technology company. Its executives have yet to convince investors their...
It’s Not Just Factories Turning to Automation to Stem Wage Growth, Boost Earnings October 23, 2019 By David Randall U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in...
Insurtech FRISS and Munich Re Extend Partnership to Support Insurers Fighting Fraud October 8, 2019 FRISS, the insurtech provider of AI-powered anti-fraud solutions for the P&C insurance industry, has extended its partnership with Munich Re...
AI Specialist omni:us Awarded €1.6M from EU to Enhance AI-Powered Claims Platform September 26, 2019 Artificial intelligence provider, omni:us has been awarded €1.6 million ($1.8 million) from the European Commission* to help it further develop...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...
Crying Robots Aside, Insurance Industry Shouldn’t Fear Artificial Intelligence: Viewpoint August 22, 2019 By Brandyn Campbell In a viral State Farm commercial, Oscar Nunez, playing the role of a friendly, helpful insurance agent, disparages any insurance...
AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper August 19, 2019 The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated...
With Smarter, Joined-Up Pricing, There’s No Such Thing as a Bad Risk: Viewpoint August 14, 2019 By Mark Eastham It’s a well-trodden truth in our industry that not all risks are created equal, and for insurers, that some risks...