Welcome to the first edition of Insuring Cyber, Insurance Journal’s bi-weekly emailed newsletter for industry professionals wanting to stay informed about the world of cyber. Cyber insurance has been an evolving area of the insurance industry as technology and the …
I have anxiety about the movement toward self driving cars. I’ve challenged myself to be forward thinking and familiarize myself with the technology and enhanced safety it promises to bring. I understand that we are becoming an increasingly distracted society …
Sheffield, UK, September 7, 2017- UK based telematics innovator, The Floow, has announced the opening of its first US office in Detroit as it brings its industry leading approach to capturing and analysing mobility data to North America, the largest …
When Thomas Babb launched his insurance agency – Thomas Babb Insurance Agency – in an 11-story building in downtown Worcester, Mass., in 1917, he also launched a legacy that would span a century of growth and four generations of leadership. …
UK insurer Ageas has begun to use artificial intelligence (AI) technology to help manage its motor claims in partnership with AI specialist Tractable. In what it describes as “a first” for the UK market, Ageas said the technology is now …
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. “We recently introduced AI claims handling … and saved 40,000 work hours, while speeding …
AXA has appointed Joyce Phillips as chief executive officer of a new business unit dedicated to customer innovation and new business models. Phillips becomes a member of the management committee of AXA Group and reports directly to Thomas Buberl, CEO …
Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a fully automated process, TMK said, noting the platform provides an efficient way for …
Alibaba Group Holding Ltd. Chairman Jack Ma said society should prepare for decades of pain as the internet disrupts the economy. The world must change education systems and establish how to work with robots to help soften the blow caused …
It was the third hour of doing nothing that broke James Scott. The 25-year-old researcher was sitting at his desk at an insurance firm in northern England when the internet went down. And with it went access to all of …
