Technology & Analytics
American Drivers Increasingly Fearful of Self-Driving Vehicles: AAA Study
Three-quarters (73 percent) of American drivers now say they would be too afraid to ride in a fully self-driving vehicle, up significantly from 63 percent in late 2017. Additionally, 63 percent of ...
Data Analytics: The ‘Buy vs. Build’ Question
Insurers have long wrestled with the question of whether it is better for them to buy or build their information technology; that is, whether it is better for them to develop their own proprietary ...
Root Plans Bigger Columbus, Ohio HQ, Plus Many New Hires to Fuel National Expansion
Root disclosed plans to grow its workforce over the next three years by about 500 percent and also move to a new, significantly expanded headquarters in Columbus, Ohio. The auto insurance startup, ...
Telematics Tech Coming Into Its Own With Commercial Auto Insurers
Though adopted early by personal lines insurers, telematics technology is just coming into its own in the commercial auto space. According to Zach Schmiesing, director, Commercial Lines, ...
Using Cognitive Computing for Workers Comp Claims
Armed with cognitive computing technologies, the property/casualty insurance industry is making it more difficult to perpetrate claims fraud successfully. Employers, insurers and the economy at large ...
MGA Boost Insurance Secures Reinsurance Facility to Back Its InsurTech Development Platform
Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B InsurTech development platform. Nephila is leading the facility with participation from Markel Digital, the ...
Lloyd’s CEO Beale Urges Regulators: ‘Try and Keep Up’ With Technology Innovations
As insurers try to innovate and address the rapidly changing needs of their clients, Lloyd's of London CEO Inga Beale has a message for regulators who oversee them: "Try and keep up." Beale, speaking ...
Data Connectivity in a Carrier: Solving a Common Problem
As an insurance carrier executive, how often have you asked for an internal data report only to be told it will take weeks or months and thousands of dollars to develop and cannot be easily modified ...