The question is not whether the future of the insurance industry is bright. “Few industries are better positioned for outstanding growth over the next 15 years,” insists Verisk’s Mark Anquillare. Anquillare points to the giant global protection gap between what …
European scientists who feed critical climate data to industry and researchers said that their next great breakthrough in weather forecasting will be powered by artificial intelligence. The European Centre for Medium-Range Weather Forecasts is turning to machine learning in order …
What do Ulysses and his Trojan Horse, the pickpocket Fagan in Charles Dickens’ Oliver Twist and a video of Facebook’s Mark Zuckerberg touting how his company “owns” its customers have in common? They are old and new forms of deception …
Alphabet Inc.’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and in at least three cases requested authors refrain from casting its technology in a negative light, according to internal communications …
Prominent artificial intelligence scholar Timnit Gebru helped improve Google’s public image as a company that elevates Black computer scientists and questions harmful uses of AI technology. But internally, Gebru, a leader in the field of AI ethics, was not shy …
We are all familiar with the challenges of 2020, but we may still be underestimating how deep and wide they go. Seven in 10 employees say this has been the most stressful year of their working lives, according to a …
Advanced technological tools are making it an exciting time to be an insurtech – and an exciting time for those insurers and reinsurers that want to more accurately assess the risks on their books, according to Forbes McKenzie, CEO of …
The Travelers Companies said it has started using artificial intelligence to offer business customers virtual and onsite ergonomic assessments. Travelers claims to be the first insurance carrier to provide the service. According to the insurer, the new offering combines AI-based …
Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive customer experience. Led by ambitious entrepreneurs from …
Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology Co. Ltd,. also known as Xiao-i, has filed a lawsuit against Apple Inc, alleging it has infringed on its patents. The company is calling for 10 billion yuan ($1.4 billion) in …
