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Connected Insurance: Reality Or Hype?

Forrester IT

I speak often with clients about the role of technology in insurance. Of the many innovations we discuss, connected insurance may be the most polarizing. Connected insurance (CI) is nascent across most insurance lines.

Insurance 315
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Computer Vision Technology Is A Promising Latecomer To The Insurance Market

Forrester IT

Computer vision technology is a recent entrant in insurance, but it has the potential to revolutionize how insurers process claims, identify fraud, and evaluate risk.

Insurance 195
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The Insurance Industry and Big Data

Eric D. Brown

How would you feel if you got a letter in the mail from your insurance company telling you that your insurance rates have increased due to your social media activity? Big data has given insurance companies the ability to mine social media for all sorts of activities. Big Data insurance Social media'

Insurance 162
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Lemonade’s Acquisition of Metromile: Start Your Engines! The Race For Digital Insurance Supremacy Just Took A New Turn

Forrester IT

Last week Lemonade revealed Lemonade Car, its entry into auto insurance. This week, it announced the acquisition of Metromile, one of the largest usage-based auto insurers in the world. Talk about timing. Insurtech M&A has been strong, but admittedly, I didn’t expect to see a transaction like this so soon.

Insurance 195
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How Data Science Helps Insurance Companies Manage Losses and Protect Customers

Dataconomy

Big data, specifically with the help of artificial intelligence (AI), empowers insurance companies to make better financial decisions. Data science can help mitigate fraudulent claims, enhance risk management, optimize customer support, and predict future events, among many other benefits.

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European investors back cloud, IoT and big data for insurance sector

Computer Weekly

Investors are putting their money behind suppliers of technology to the European insurance sector

Insurance 170
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Nearmap’s Aerial Image Data and AI Is Streamlining How Insurers Can Rate and Price Risk in Australia

Tech Republic Big Data

Aerial image and data intelligence firm Nearmap’s recent acquisition of Betterview will allow the company to make insurance decisions faster and speed up claims during natural disasters.