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 […]

Artificial Intelligence

LexisNexis Launches Attract for Motor: Offers Risk & Loss Prediction

The culmination of several years development and with support from motor insurance providers across the UK, LexisNexis Risk Solutions, the leading data and analytics provider for the insurance industry, has launched Attract™ for Motor, the […]

Administration

Brightside Partner with Data Capture Solutions on Automated Back Offices

The humble back office side of insurance isn’t glamorous, or exciting, but it is essential to maintaining customer service levels and ultimately the efficiency, or error rate, of your admin makes a big difference at […]

Artificial Intelligence

Spitch Keen to See Enhanced Customer Experience from InsurTech Investment

Brian Martin, Regional Director of Spitch UK and Ireland, emailed this response to the Accenture report on InsurTech investment. It’s promising to see the insurance industry embracing technology on such a huge level, but there’s […]

Artificial Intelligence

AI is Changing Every Aspect of Insurance Sector, Says New Allianz Report

The widespread implementation of Artificial Intelligence (AI) applications brings many advantages for businesses such as increased efficiencies, fewer repetitive tasks and better customer experiences. However, in the wrong hands, the potential threats could easily counterbalance […]

Fraud

WeDo Tech Launches Anti-Fraud Innovation Competition

WeDo Technologies, a specialist in revenue assurance and fraud management has launched an open competition for clients, partners and employees. The purpose of the competition is to challenge participants to come up with new business […]

Opinion

AI Can Solve Driver History Problem for Ireland’s Returning Emigrants

The Irish Times has a story today about the incredibly high premiums being quoted for emigrants returning to Ireland after working and living abroad for some years. Despite having a trackable driver history in modern […]

Artificial Intelligence

Go Compare Launches Machine Learning Project at AI Congress London

Machine learning, algorithms, or AI – you can call it whatever you like but there is no denying that insurance is being transformed by software; quotes, risk modelling, fraud detection, pricing against competitor, the list […]