All Artificial intelligence articles
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Latest News
Emerging technologies set to become crucial to insurance digitalisation – GlobalData
The data and analytics firm has urged insurers to ‘get smart’ on emerging tech-based trends
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Insight
‘Very aggressive segmentation’ set to replace price walking as profit-making tool for insurers
With customers having less incentive to shop around following the FCA eliminating price walking, how can underwriters leverage data to offer discounts to their least risky customers?
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Latest News
Insurtech sector commends Ed Gaze’s work at Lloyd’s Lab
Lloyd’s Lab alumni have reflected fondly on Gaze’s time running the insurtech accelerator programme
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People & Opinion
Q&A: Cloud technology is 'huge trend for UK brokers' - Applied Systems Europe
Applied Systems Europe chief executive Tom Needs lists the latest technology trends hitting the insurance market and tells Insurance Times about his career journey
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People & Opinion
Predictive analytics tools deliver insight and efficiency - Gallagher Bassett
Gallagher Bassett chief client officer John Fearn talks about how leveraging technology and innovation can accelerate the claims lifecycle
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Latest News
Aegis London deploys Phinsys to execute digital transformation strategy
Aegis wanted to find the ‘right partner’ to provide future-proof solutions
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IT Interview
Q&A: Brokers are ‘perfectly positioned’ to offer personalised claims service – LexisNexis Risk Solutions
LexisNexis Risk Solutions’ senior manager of claims, Kajal Vakas, talks data enrichment with Insurance Times’ head of research Savan Shah
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Latest News
Government reveals changes to the Highway Code to accommodate self-driving vehicles
The amendments aim to ensure that the first wave of self-driving vehicles are used safely on UK roads, but industry concerns remain
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Latest News
Car insurance insurtech raises £1.8m in seed funding
The investment means that the business is ‘well on the way’ regarding its mission ‘to challenge the status quo’ and ‘turn insurance on its head’, says chief executive
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IT Interview
Zurich reaps five star reward from constantly listening to broker feedback
The insurer has been steadily climbing the Five Star Rating Report rankings for both personal and commercial lines. Insurance Times finds out what is behind this trajectory
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Latest News
PIB Group undertakes ‘big investment’ in data analytics
Chief executive says the broker is ‘learning a lot already’ about unstructured data
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Latest News
Changing ransomware tactics could be a ‘good thing’ for cyber insurers
The insurance sector has a role to play in plugging cyber security gaps, says cyber risk expert
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Latest News
Is AI the next ‘silent cyber’?
Experts predict that artificial intelligence governance will increase as insurers and reinsurers remain naïve around AI-related risks
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Latest News
Mercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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Latest News
Industry at digitalisation crossroads post-pandemic – Allianz’s Sirma Boshnakova
Insurance firms must build ’technology with a heart’ and maintain ‘a human touch’ to avoid ’alienating’ consumers, says insurer board member
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People & Opinion
The case for automated reconciliations in the insurance industry — AutoRek
AutoRek sales and relationships manager, Piers Williams, lays out his argument for why automating data collection and financial processes will benefit the insurance industry
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Latest News
Digitalisation demands insurers look carefully at the ‘oil tanker’ versus the ‘speedboat’
Insurance Times speaks exclusively to insurtech Concirrus following the release of its latest whitepaper
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Latest News
International Underwriting Association reveals top systemic risks in technology evolution
Despite increased risks and other challenges, insurance firms are ‘stepping up’ to the challenge
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Insight
Hiscox to sharpen focus towards more balanced portfolio
Hiscox group chief executive discusses why the insurer will be rebalancing its portfolio and focusing on opportunities in its digital retail arm
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Latest News
‘Real work’ still to do to improve customer communications
However, ‘the industry has some great potential’ around using artificial intelligence to create personalised interactions with consumers, says expert panel