Technology & Analytics
Predictive Analytics Can Aid Wayward Workers Comp Claims
High complexity claims account for the majority of dollars spent in workers compensation claims. One way to identify high exposure claims early is by using predictive analytics. Using analytics, ...
Erie Insurance Tests Google Glass as Underwriting Workforce Efficiency Tool
Erie Insurance is testing the use of Google Glass in a bid to boost workforce efficiency, something it says will be crucial as waves of baby boomers retire from the industry over the next few years. ...
Two Big Data Companies Merge to Expand Crime-Avoidance Technology
Two companies in the big data realm are planning to merge in a move that will help expand the use of risk-reduction technology that helps users safely navigate high-crime areas. Helios and Matheson ...
XL Catlin, Liberty Mutual Back Internet of Things/Home Security Startup
XL Catlin and Liberty Mutual are among the backers of a new startup focused on developing Internet of Things-related home security technology, with an eye on reducing property damage risks. The ...
U.S., Other Business Groups Say China’s Cyber Rules for Insurers Go Too Far
Controversial cyber security regulations for China's insurance industry, now before the World Trade Organization (WTO), could soon take effect despite efforts by foreign business groups to persuade ...
Colorado State Team Predicts Near-Normal Hurricane Season
The Atlantic should produce a near-normal 12 storms during the six-month hurricane season that officially begins June 1, while the U.S. coastline has a below-average chance of being struck by a major ...
5 Tips for Successful Digital Transformation
New digital technologies are transforming the way business is done across the enterprise. The potential benefits of a successful digital transformation are compelling. What business would pass up the ...
Amica, Tech Company Test Hail Weather Sensing Platform to Improve Claims Handling
Amica Insurance and Understory Inc., a weather data and analytics company, recently announced the development of a new weather sensor and data analysis network to test hyper accurate ground-level ...