There are plenty of startups out there working at the intersection of AI and insurance, and it essential to look at least at some of them to understand the future direction of the industry, as well as the kind of improvements AI is having in the insurtech space. An interesting thing to notice is that most of the innovation is happening in the UK rather than other countries, in … [Read more...] about How Artificial Intelligence Affects and Changes the Insurance Industry
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How the Insurance Industry Uses Mobility Data?
Barely recovering from the financial crisis and facing disruption from new technology, the insurance industry has to leverage on information outside of their organization to compete in today's economy. With the global economy still struggling to recover from the financial crisis, insurers have been fighting to maintain policy numbers amidst low-interest rates. Life insurance … [Read more...] about How the Insurance Industry Uses Mobility Data?
The Benefits of Data Analytics for Insurance Businesses
Data this. Analytics that. You're probably tired of hearing all these buzzwords. They're just useless hype anyways, right? Not so fast. Taking advantage of data analytics can actually make all the difference between a failing insurance business and a thriving one. Here's how data analytics can help you improve the performance of your business. It can help you increase … [Read more...] about The Benefits of Data Analytics for Insurance Businesses
Economy, Environment, Employment: How Driverless Vehicles Might Change Our World
The promise of widespread autonomous vehicles has dominated recent headlines in both the technology and automobile industries, but the idea has been around much longer than that. Public discussions about self-piloting vehicles took place as early as 1939. According to Wired Magazine, GM's exhibit at the World's Fair sparked such discussions. In 2010, thanks to Google, the first … [Read more...] about Economy, Environment, Employment: How Driverless Vehicles Might Change Our World
Connected Car Insurance USA 2017
The Connected Car Insurance USA Conference & Exhibition is the annual meeting place for insurance and technology executives in the automotive industry. Over 600 senior level attendees will gather to understand how insurance will be impacted by rapidly developing automotive technology including telematics, IoT, mobility, ADAS & autonomous. Over 70 speakers … [Read more...] about Connected Car Insurance USA 2017