artificial intelligence News

Viewpoint: Streamlining Claims Processing with Intelligent Process Automation

In recent years, the insurance industry has seen an influx of new market entrants seeking to disrupt and reinvent specific business segments by launching new products and services free of the expense and overhead of “traditional” players. These digital “insuretechs” …

Vladimir Putin Wants Everyone to Love the Way He Watches Them

The fourth of 10 basic rules Western spies followed when trying to infiltrate Russia’s capital during the Cold War—don’t look back because you’re never alone—is more apt than ever. Only these days it’s not just foreigners who are being tracked, …

Viewpoint: Streamlining Claims Processing with Intelligent Process Automation

In recent years, the insurance industry has seen an influx of new market entrants seeking to disrupt and reinvent specific business segments by launching new products and services free of the expense and overhead of “traditional” players. These digital “InsureTechs” …

Viewpoint: Automation Makes Time for Scalable Compassion

The modern workers’ compensation system was devised to provide a guarantee of care and medical treatment to injured workers from their employers. Organizations also are expected to offer guidance on the resources available to injured workers as well as how …

Mitchell Teams With Qualcomm for Smart Glasses, Google for Claims Estimates

Mitchell International showed off its connections to big-name tech companies this week in announcing the launch of two insurtech products: One is an augmented reality “smart glasses” tool for auto collision repairs developed in conjunction with Qualcomm Technologies; the other …

Business News: Davies Group, Marsh, Travelers and Hover, Purkeys

London-Based Davies Buys US Claims Shop Davies Group, an international consulting firm based in London, has acquired Frontier Adjusters, a multi-line independent claims adjusting shop headquartered in Independence, Ohio. The purchase marks Davies’ first claims deal in the United States. …

AI and Bionic Eyes Are Helping to Keep Wildfires Contained

On a tower in the Brazilian rain forest, a sentinel scans the horizon for the first signs of fire. Only these eyes aren’t human. They don’t blink or take breaks, and guided by artificial intelligence they can tell the difference …

ViewPoint: Why Artificial Intelligence is Critical to True Claims Automation

Once thought of as highly traditional and reluctant to change, insurers today are rethinking everything. The rise of digital-first carriers, with an ethos borrowed from their ecommerce and ebanking cousins, has generated an intense interest from incumbent carriers to focus …

How New Technology Can Modernize the Painfully Outdated MSA Process: Viewpoint

Ask claims adjusters what they think of Medicare Set-Asides (MSAs) and you’ll likely get a wide range of answers. While most would agree, in theory, that MSAs serve a valid purpose, the way they are constructed today is labor-intensive, slow, …

Arturo Teams with Hippo for ‘Real-Time’ Property Info

What began as an assignment to the research and development team at American Family Insurance Co. now stands alone as an independent company and today announced its first major customer. Arturo, a Chicago-based insurtech startup launched by American Family three …