Technology, Internet News

Would You Put Your Newborn in A Self Driving Car?

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 …

Stand Out by Making It Easy for Consumers to Choose You

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). What drives consumers to buy from and recommend certain companies? There are a few factors, but the biggest reason is how easy it is to research and …

Willis Towers Watson Launches Updated Capital Modeling Platform, Igloo 5

Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform. The broker said Igloo 5 brings a number of key improvements including: Greatly improved model runtime Ready for use-based licensing and full implementation in the cloud …

Multi-Award Winning Telematics Innovator, The Floow, Opens First US Office

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 …

How to Find the Right Software for Your Insurance Agency

This post is part of a series sponsored by ITC (Insurance Technologies Corporation). Love it or hate it, technology has become a fundamental part of our lives and businesses. Some technology like comparative rating systems have been around for more …

Massachusetts’ Knight-Dik Insurance: 100 Years, Four Generations

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 Uses Artificial Intelligence to Manage Motor Claims

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 Deploys Robots for Personal Injury Claims Handling

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 Launches Unit Focusing on Innovation, New Business Models with Phillips as CEO

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 …

TMK Offers Construction Insurance in UK, Ireland via Online Broker Portal

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 …