Tech advances coupled with AI can help insurers manage risk, improve underwriting and boost customer experience.
Data & Analytics
Have We Reached the Tipping Point for Claims Automation?
Insurers have seen virtual estimating used successfully for both low- and high-severity claims, making them more willing to begin automating the complex, labor-intensive claims process. The question is, where do they start?
QBE North America Partners with Flyreel for AI-assisted Customer Home Inspections
Utilizing Flyreel’s AI-assistant tool, customers can document interior and exterior data including property features, materials and other factors, while identifying associated hazards.
Verisk Launches Life Risk Navigator Software Platform
The cloud-based stochastic risk modeling platform offers in-depth portfolio analytics to enhance risk selection, quantify changes in mortality rate, improve hedging strategies, and drive better financial decision-making.
InsureTech Connect Goes Digital: Q&A with Jay Weintraub and Mee-Jung Jang
The pandemic hasn’t slowed the pace of insurance innovation, but the insurance technology community’s largest in-person event has adapted to serve its global participants during a time of restricted travel.
Majesco Launches Portal to Keep Customers Abreast of its Evolving Solutions
The portal aims to provide faster access to robust product information and insight to the vendor’s product roadmaps and future of insurance technologies.
CoreLogic Launches Integrated Solution for the Property Insurance Ecosystem
The vendor has secured launch clients for the next-generation system that it describes as providing insights for every touchpoint in the property insurance ecosystem.
Brolly to Be Acquired by Direct Line Group
The combination of technological edge of Brolly integrated with the insurance prowess of Direct Line Group to accelerate the next generation of insurance products, the companies say.
AIR Worldwide Releases Updated U.S. Hurricane and Inland Flood Models
The models help insurers and reinsurers enhance their risk management and have a unified and comprehensive view of flood risk across the U.S. for all property lines of business.
Northern Neck Insurance Deploys Cloverleaf Analytics
The insurer sought help from Cloverleaf to create a common data warehouse and to provide insights as the company consolidated business onto one system of record.