Claims & Reserving
When to Use Chatbots in Insurance
New technologies generate a great deal of excitement, and there's a positive buzz right now about the potential impact of artificial intelligence, machine learning and automation in the insurance ...
5 Auto Insurance Trends to Watch in 2018
Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the industry with an increasing number of carriers adopting mobile telematics programs for ...
Latency Catastrophe and the Occurrence Form
Over the last 30 years, natural catastrophe modeling has transformed property insurance. When Hurricane Andrew devastated Florida in August 1992, seven domestic insurance companies and one foreign ...
Smoothing the Claims Process
Centuries-old claims management processes are undergoing rapid transformation, as dozens of startup insurance technology firms drum up a resounding variety of process enhancements to reduce carrier ...
Highway Disruption: The Promise and Perils of Autonomous Vehicles for Insurers
It's becoming clear that our highways to the future will be paved as much with technology as with asphalt. And if we believe some auto makers, self-driving vehicles hold potential to unravel traffic ...
Chubb CEO Greenberg: Q3 Catastrophe Hits ‘Within Our Tolerance for Risk’
Chubb, like many insurers and reinsurers, took significant catastrophe loss-hits from the hurricanes and earthquakes that struck in August and September. But the insurer kept overall net losses to ...
The Hartford, Slammed by Hurricane Losses, Still Makes a Q3 Profit
Hurricanes slashed The Hartford's 2017 third quarter net income nearly in half compared to the same period a year ago. The property/casualty insurer's commercial lines and personal lines combined ...
Q3 Catastrophe Losses Will Lead to Rate Hikes by London Market Insurers: Fitch
Catastrophe losses from the recent U.S. hurricanes and Mexican earthquakes will lead to price rises on London market insurers' loss-affected lines and could also affect wider market pricing trends, ...