Virtual insurance claims services company Snapsheet has closed on $29 million in Series E funding. The company said it will use the funds to expand beyond auto into all lines of property/casualty insurance and expand globally as well as enhance …
Humans make thousands of decisions every day, from small choices like what to eat, what to watch on TV, or what to wear, to larger decisions like purchasing a home or changing careers. Some of us even suffer from decision …
About the photo: This photo shows a security camera in the Financial District of San Francisco. San Francisco is on track to become the first U.S. city to ban the use of facial recognition by police and other city agencies …
About the photo: In this March 21, file photo, Whitney Flynn, a physical scientist at the National Water Center in Tuscaloosa, Ala., works on computer screens showing flood predictions and other information. An arsenal of new technology is being put …
In any discussion about the latest tools used by claims professionals, terms such as artificial intelligence, telematics and machine learning may come to mind. But the owner of a Kansas City startup is betting what the industry really needs is …
The insurance industry is slowly recognizing the potential of chatbots to free up resources and improve customer service, even as it recognizes the potential of the technology to sour relationships with customers, according to report released Tuesday by research firm …
For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took the technology up a notch, boasting that it was closing claims in seconds …
Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium using insurtech technologies to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a maximum …
While there are many different segments of the commercial insurance industry, they often share a similar story. From my vantage point, the workers’ compensation system was designed to help both injured workers and employers by guaranteeing care and compensation for …
Mergers and acquisitions, sophisticated litigation management technology and hedge fund-backed capital has made the plaintiffs’ bar a formidable opponent in recent years. In the last podcast in the Insights on InsurTech series, The Future of Insurance Claims Litigation, Wesley Todd, …