Machine Cover, a technology company which creates parametric products for the insurance industry, has announced it is developing what is believed to be the world’s first pandemic insurance product based on parametric triggers. The Boston, […]
Research into the London Specialty Insurance Market by NTT DATA UK, a leading IT services and consultancy business, has found that automation is being embraced by business leaders as the linchpin of the industry’s future […]
Everyone in the motor insurance sector realises that the old TPF&T and Fully Comp options are looking increasingly old hat to many consumers. PAYG, pay-per-mile, multi-driver use, multi-vehicle usage, are becoming more important as ride-sharing […]
Professor Meryem Duygun, a world-renowned academic in insurance at the University of Nottingham, will be chairing a panel tomorrow at the Global InsurTech Summit on the use of Artificial Intelligence in the insurance industry. Professor Duygun, whose recent […]
The FCA’s recent partnership with the Alan Turing Institute to examine the transparency and explainability of AI in the financial sector is an incredibly important and timely move, particularly for the insurance market. However, Tony Tarquini, […]
At the Global Open Banking Summit, GoCompare has announced a strategic partnership with Edinburgh-based Money Dashboard as part of its fintech community development project, Machine Learning for Fintech (ML4Fintech). Money Dashboard, a pioneer in Open Banking, brings strong expertise in machine […]
Ultracomms, a leading provider of PCI DSS compliant secure telephone payment solutions, has warned businesses that they must urgently review the way they take card payments over the phone after the Payment Card Industry Security […]
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 […]
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