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

BioCatch Secures a Further $30 Million in Funding Round

BioCatch, a global leader in behavioral biometrics, announced today that it has closed a $30 million financing round, cementing its growth plan and vision to redefine digital identity and enable renewed trust in online interactions. […]

Global insurance trends

Marine Insurance 2017: Hurricanes Hit a Soft Market For Six

2017 Review – Insurance In The Eye of The Storm Here are some comments looking back at the turbulent events of 2017 which affected marine insurance, plus the knock-on effect for those in the commercial […]

Emerging Risk

Changing Face of Product Recall Risks Analyzed by Allianz

Product-related risk is one of the biggest perils facing businesses today, with recall exposures having increased significantly over the past decade, bringing the potential for larger and more complex losses than ever before, warns insurer […]

Artificial Intelligence

Could AI Facial Recognition Combat Insurance Fraud?

Insurance fraud is big business. Last year, some 125,000 claims were detected in the UK, worth Ā£1.3 billion, according to research by the Association of British Insurers. But could a new generation of AI (Artificial […]