Latest Automation Optimization Headlines

All the headlines from our Automation Optimization Topic Page, ordered by recency.

EasySend Raises $16M to Enable Insurance Companies and Financial Institutions to Build a No-Code Digital Future

Sep 24 2020 // The investment will empower insurance companies, banks, and other financial institutions to build and optimize digital journeys with an AI-powered no-code platform Tel Aviv, Israel – September 24, 2020 – EasySend, the...

Optimizing Producer Effectiveness: Using Stats Not Feelings

Sep 7 2020 // We were in the locker at half-time, down by two points. Kenny, our center, felt like he was playing a terrible game. He already had two fouls, and the guy he was guarding seemed like he was scoring at will. Coach then...

Experts Puzzled by Decline in Insurance Fraud Tips via Technology

Aug 25 2020 // Even though insurers have invested heavily in fraud-fighting technology, the percentage of referrals from automated systems accepted by special investigation units has declined to 15 percent from 22 percent in the past two...

Why the Shotgun Approach Is Nearing Obsoletion

Aug 24 2020 // On the one hand, the shotgun approach to selling insurance has an incredibly bright future with the automated quoting systems available to the public (see Policygenius’ Series D round of $100 million, pitchbook.com)....

Swiss Re Builds Risk Scoring System, Aiming to Reward Safe Cars with Lower Premiums

Aug 14 2020 // A car owner should be able to pay lower insurance premiums for driving a car with safety features, such as automated braking that stops the car when the driver is distracted or lane keep assist systems that help prevent a...

Autonomous Vehicle Design Should Take Nothing for Granted

Aug 10 2020 // Driver mistakes play a role in virtually all crashes. That’s why automation has been held up as a potential safety game changer. But autonomous vehicles might prevent only around a third of all crashes if automated...

Robots Gain as Pandemic Lockdowns, Safety Issues Cause Factories to Automate

Jul 21 2020 // While a resurgence in coronavirus cases in Texas has brought many businesses to a screeching halt, eight robots have kept All Axis Machining’s metal fabrication facility in Dallas humming. The small, nimble robots...

Profit-Driven Automakers Race to Next Level of Not Quite Self-Driving Cars

Jul 15 2020 // Autopilot, ProPilot, CoPilot: Automakers have many names for new systems that allow for hands-free driving, but no safety or performance standards to follow as they roll out the most significant changes to vehicle...

No-code Platform for Insurance, EasySend, is Transforming the Digital Transformation Landscape

Jun 30 2020 // Tel Aviv, Israel, June 30, 2020 – EasySend empowers insurance and financial service companies to digitize any paperwork-based process in a matter of days, including claims, policy issuance, customer onboarding,...

AI-Powered Supply Chain Software in Demand Amid Coronavirus Disruption

Jun 19 2020 // For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread...

U.S. to Publicly Share Autonomous Vehicle Testing Data

Jun 15 2020 // U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle testing. U.S. states have a variety of regulations governing self-driving...

Amazon’s Heavily Automated, Frugal HR Leaves Sick Workers in Limbo

Jun 8 2020 // Tony Banks told Amazon.com Inc. right away when he tested positive for Covid-19. More than a month later, he’s on the mend, but struggling with fatigue and shortness of breath that makes most physical activity feel...

Navigating today’s uncertain insurance climate using Automation. How one company is helping Texas Agents figure it all out!

May 20 2020 // West Palm Beach, FL, May 20, 2020 – Challenging times call for new strategies; these days the keystone for professional success lies with innovation! One tech company based out of South Florida blazes a trail for...

Insurtech Demo Day 2020

Apr 29 2020 // Just a week shy of our Virtual Insurtech Summit, to air Wednesday, May 6th, I attended the virtual Demo Day of the Hartford Insurtech Hub on Tuesday, April 28th. As the host for our upcoming Summit, I’ve spent time...

Why Artificial Intelligence Is Not the Answer for All Businesses

Apr 3 2020 // The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before they pursue automation that could...

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Mar 23 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the...

U.S. Lags Europe in Driver Assist Technology Safety Testing

Mar 2 2020 // Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely “pilot” cars without regular human...

Broker Investor Group Selects 12 Insurtechs for First Cohort

Feb 27 2020 // BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 insurtechs for its first cohort that convenes March 2 in Des Moines, Iowa, for a five-week...

Safety Board Hits Tesla Autopilot Design, Regulator’s ‘Misguided’ Approach

Feb 26 2020 // The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.’s lack of system safeguards in a fatal 2018 Autopilot crash in California and called U.S. regulators’ approach in overseeing the...

4 Things Insurance Firms Can Do to Improve Efficiency, Data Use

Feb 24 2020 // Digital transformation is making it possible for the insurance industry to engage customers with personalized interactions that lead to products and services tailored to their individual insurance needs. Unfortunately, the...