InsureTech

Pegasystems Urges Caution on UK Govt Backing for AI Underwriting/Risk

The Government has just launched 3 new research projects to investigate how businesses can make best use of AI in insurance and law as well as analysing consumer attitudes to AI. One of the projects will focus […]

News

Insurance Sector News: Auger Revenues Up 22% in 2018

Employees at the Wallasey-based insurance supplier Auger are reaping the rewards of the company’s profit-sharing scheme as they celebrate its best-ever year with revenue rising at more than 22 per cent. All employees have taken […]

Fraud

GBG Acquires Image Checking Specialist Verifeyed

Identity data specialist GBG has acquired Verifeyed, whose award-winning technology can detect images that have been photoshopped or manipulated. As part of the deal, Verifeyed founder Dr Babak Mahdian, a world-leading researcher in machine-based image […]

Big Data

FICO Launch Cyber Security Risk Modelling Tools for Underwriters

Silicon Valley analytics firm FICO today announced that the FICO® Enterprise Security Score is the first cyber security rating to include powerful risk assessment and modelling capabilities to help insurers make better underwriting, pricing and portfolio decisions, and […]