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Britain's largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car's autopilot system, seeking to encourage use of a system it hopes ...
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 ...
Machine learning, AI, cognitive computing and predictive analytics—terms that are oftentimes used interchangeably these days—are washing over the insurance industry with promises of increased ...
The U.S. Federal Aviation Administration on Friday said it had approved a request by AT&T Inc to use a new drone known as the Flying Cow or Cell on Wings to help restore cellular service in ...
When it comes to sales and marketing, carriers that distribute through independent agencies are not in control. Many carriers have put significant focus on data and analytics within their own ...
Allianz Global Corporate & Specialty SE (AGCS) has successfully tested blockchain technology for a global captive insurance program, which facilitates cash transfers between countries. AGCS's ...
Without legacy systems to drag down their efforts, companies in emerging market—and China, in particular—may be poised to outpace U.S. and European counterparts developing InsurTech innovations. ...
Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators, the global Financial Stability Board (FSB) said on ...
Insurance investment firm Cedent Ltd. announced yesterday that it is partnering with Nephila Capital to bring $500 million for climate risk capital solutions, targeting risk managers beyond the ...
Analytics startup WePredict raised $4 million in a funding round led by Munich Re's venture capital arm HSB Ventures. Munich Re is also teaming with the company as it launches its first auto ...
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