Insurance claims

Atradius Trade Claims Data Shows Supply Chain Stress

It isn’t just oil or gas, trade is suffering global stress after a heatwave summer, fires and the ongoing conflict in the Middle East. Some interesting data here from Atradius; Highlights Claims overall are down […]

Opinion

Insurance Needs Decision Evidence That Outlives Its AI Systems

As VES 1.2 goes live, Drew Young from Veriscopic argues that insurers need an interoperable decision-evidence layer that connects runtime records, governance evidence and the business context behind consequential decisions. As insurers move deeper into AI-assisted […]

Insurance claims

About a Quarter of Travel Insurance Claims Are Smartphone Related

Some useful research here from Gigasure; Mobile phones account for 24.2% of all technology-related travel insurance claims, according to new data from Gigasure, highlighting the risk of holidaymakers being left without one of their most essential […]

Opinion

Insurers Should Spend AI Savings on Claims Judgment

Some thoughts on the potential of AI, making savings and what insurers should spend those savings on, from Gleb Tsipursky, PhD, a behavioral scientist, CEO of Disaster Avoidance Experts – full bio below; Insurance is […]

News

Insurance Has a Reconstruction Problem and AI May Make It Bigger

This piece is by Drew Young, Founder, Veriscopic Insurance spends enormous amounts of time and money making decisions. Underwriters assess risks. Claims professionals interpret coverage and evidence. Delegated-authority teams operate within defined permissions. Increasingly, software […]

Insurance claims

AI is Not a Magic Bullet For Motor Claims Settlement

Here’s a thing IE learned recently. For decades people believed that an ancient city State in the Sumerian civilisation had a sort of ritual suicide funeral for kings or queens. This was based on the […]

Opinion

Consumers Are Ready for Embedded Insurance. Are Insurers Ready to Deliver It?

Some comments here from David Walsh, Product Strategy & GTM Lead at EIS, on the topic of embedded insurance; Cover Genius’ recent Embedded Protection Market Research Report shows that consumer demand for embedded protection is outpacing its […]

Insurance claims

Tesco Insurance Research Shows Pothole Compo Claims Are Rising

The deliberate neglect of UK roads by the public sector is something which ultimately costs lives, of drivers, cyclists and pedestrians. But it can also cause financial stress if your vehicle is damaged with some […]