Technology, Internet News

The Future of Insurance: PLUS Conference Recap

Technology is on everyone’s mind. Whether it’s using big data, AI or tackling the world of cybersecurity, technology tops the list of business concerns today. For the insurance industry, technology and how data is used to improve underwriting have been …

Tech Update: Risk Solved and expert.ai Offer Language-to-Data Solution for Insurers; Zurich Insurance Launches Global API Marketplace

Risk Solved and expert.ai Offer for Language-to-Data Solution for Insurers Risk Solved Ltd, a global risk management platform provider, and expert.ai, an artificial intelligence (AI) specialist in natural language understanding, have announced a partnership to deliver a language-to-data solution for …

Tech Update: Canopius to Launch Tech and Data Hub in UK

Canopius Group, the London-based global specialty re/insurer, announced the launch of the “Canopius Tech & Data Hub” in Manchester, UK. The Hub, which will begin operating early next year, will ensure that Canopius is developing the best possible solutions within …

Technology Delivering New Data Sources for Claims Investigations

The driver of the 2021 Toyota Sienna said he crashed because another car bumped the rear of his vehicle while passing on the right, causing him to lose control. It was the wrong car for lying about the cause of …

It Is Time for Insurers to Meet Needs of Tech Driven Businesses

To describe the past couple of years as tumultuous is something of an understatement. The global pandemic overlaid with hard market conditions in many insurance classes has kept many in our industry awake at night. The pandemic undoubtedly helped accelerate …

WTW Releases New Version of Radar Pricing Software

Willis Towers Watson (WTW) has launched an updated version of its Radar software. Radar 4.14 now features a fully integrated Python capability, which allows insurers to benefit simultaneously from the advanced pricing capabilities of Radar and the power of the …

Independent Agents Can Access Tech Training, Tools with Catalyit

Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every day, agents reach out to FAIA with questions, …

Changing Role of Technology in Distribution Management

This post is part of a series sponsored by AgentSync. The U.S. insurance industry is heavily regulated. That’s no shock to anyone working in the industry. Everything from producer licensing to commission payouts comes with a whole set of regulatory …

Welcome to the First Edition of Insuring Cyber

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 …

Q&A: Mitchell International’s Hatamian Talks Workers’ Comp’s Tech Transformation

Mitchell International’s product management and strategy group leader, Shahin Hatamian, recently spoke with Insurance Journal’s Elizabeth Blosfield about how technology has been transforming the workers’ compensation industry. “There’s going to be a lot more technology coming down the pipeline for …