Artificial Intelligence

80% of Younger Drivers Attempt Fronting to Obtain Cheaper Car Insurance

Analysis of quote information from over 80% of the motor insurance market by LexisNexis Risk Solutions has found that compared to any other age group, 17-20 year olds are nearly twice as likely to manipulate […]

Insurance & Reinsurance

Helvetia Insurance Chooses Squirro Cognitive Search

Helvetia Insurance has replaced Google Search Appliance (GSA) with Squirro Cognitive Search, as it seeks to deliver better search results to its five million customers across Europe. Helvetia is one of Europe’s largest insurance firms, providing an array […]

Insurance claims

Auger Continues to Expand Team with Two IT Hires

Market-leading specialist for the insurance industry, Auger, has employed two new IT developers as the company continues to expand its technology services. Luke Varley, junior developer, and Jake Walker, apprentice developer, join the Auger team […]

Legal

Human Vs AI: Where Will Blame Lie in Autonomous Vehicle Accidents?

Responding to the publication yesterday of media reports into the causes of the fatal accident in March involving an Uber autonomous vehicle and a pedestrian in Tempe, Arizona, Nigel Brook, partner with global law firm […]

Big Data

TIA Launches AI Program to Predict Churn Within Insurance Sector

Churn is one of those words which insurers and brokers alike dread. Basically come renewal time, many UK policyholders have a check on price comparison websites, use an app to search for cheaper car cover, […]

Insurance Brokers

Genasys Team Up with Hitachi on Insurance-in-a-Box for Brokers

Genasys Technologies are working closely with Hitachi Consulting on its Insurance in a Box solution. Genasys will be providing the core policy administration system that has been combined with Hitachi Consulting’s integration accelerator framework and […]

Artificial Intelligence

In an Automated Manufacturing World, Cyber Attack is a Growing Risk

Here’s the thing about Artificial Intelligence; it takes away human thinking, instinct and judgement, replacing it with an algorithm, strings of code which mimic human actions and thought processes. In some ways that makes AI […]

Big Data

Lloyds Report on Sharing Economy is a Wake-Up for Insurance Industry

A few days ago, Lloyd’s, published a report called, “Sharing risks, sharing rewards: who should bear the risk in the sharing economy?”, analysing risk perceptions in a booming industry sector, which has seen the rise […]