When AI Doesn’t Work by Paul Carroll
Although I’m a big believer in the prospects for artificial intelligence, and we’ve certainly published a lot to that effect here at Insurance Thought Leadership,
Although I’m a big believer in the prospects for artificial intelligence, and we’ve certainly published a lot to that effect here at Insurance Thought Leadership,
CCRIF SPC, the Cayman Islands-based parametric catastrophe facility, will pay approximately US$40 million to the government of Haiti, following the devastating magnitude 7.2 earthquake, which
A federal judge has tossed most of the civil claims brought in a wrongful death lawsuit by the family of an Arizona rancher who served
(Image source: Branch Insurance homepage.) Snapsheet (Chicago), a provider of virtual appraisals and cloud-based claims management software, has announced that Branch Insurance (Columbus, Ohio), an
(Image credit: Mohan Nannapaneni.) Xceedance, a Boston-based consulting, technology, and managed services company focused on property/casualty insurance, has announced the expansion of the company’s Claims Services Division
While the insurance industry has long played it safe, innovation is now accelerating as digitization is gaining ground in more business sectors and the pandemic
While the enormous potential for blockchain in insurance has been apparent for a while, I’ve been waiting to see a breakout application hit the real
Blockchain innovation is gradually taking hold in the insurance sector in an unprecedented way. Insurance giants and startups worldwide are attempting to use blockchain-based solutions
Artificial intelligence (AI) has an immediate potential to make the insurance industry more profitable. It can cut down on inaccurate claims, reduce operating costs, help
Finance and insurance companies have been leveraging synthetic data for many years to improve their workflows while ensuring information confidentiality. With the COVID-19 pandemic, scientists