The battle against fraud never stops for the UK insurance industry, with our increasingly digital economy offering new ways for fraudsters to obtain cover using false details, make bogus claims or generate fake policy documents. […]
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 […]
We live in the era of smart gadgets, AI and the Internet Of Things. Technology is not only linking devices, but giving them a certain level of intelligence too. What does all that mean for […]
The number of cyber-attacks against financial services companies reported to the Financial Conduct Authority (FCA) has risen by more than 80 per cent in the last year. In 2017, 69 material cyber incidents were reported […]
Is Artificial Intelligence really going to rule the world? Maybe, but not yet, if this new service from AXA proves to be an indicator of our industry’s future. Chatbots and AI can help sift many […]
Data is everywhere today and Artificial Intelligence is changing the way that data is being used to calculate risk, detect fraud and speed up the claims process. Here’s some insight into how valuable data is […]
There is more data than ever before from road collisions. From on-board dashcams, telematics, or more detailed Police reports acked up with digital photos, the capacity is there to identify exactly when, and often why, […]
Traditionally favoured by younger drivers, blackbox (or telematics) insurance is now becoming increasingly popular across all demographics, especially with the over 40s. New customer research from blackbox insurance leaders, Coverbox, shows how much the demographic […]
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