CheapInsurance.com reports that by 2026, AI-driven auto insurance claims will streamline processes, enhancing efficiency and raising concerns about data privacy and algorithm fairness.
Nirvana Insurance, an AI-based commercial insurance platform for the trucking industry, has raised a $100 million Series D ...
AI-related exclusions may be spreading across commercial insurance - but they’re not yet disrupting cyber policies. Alexandra ...
Commercial trucking insurance startup Nirvana Tech Inc. said today it has raised $100 million in a late-stage round of ...
RBC Insurance says its AI underwriting and fraud detection technology saved it $2.4 million in fraudulent claims during ...
From AI-powered life coaching to smarter claims processing, startups say automation can personalize benefits and help ...
Insurtech + AI Demo Day Events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by the ...
The adoption of AI into the insurance value chain has been the biggest factor to transform the insurance industry in recent times, according to Manu Mazumdar, director, insurance research, Conning. In ...
According to an ActivTrak Productivity Lab study, insurance is one of the most productive industries despite having one of the lowest rates of AI adoption. “This industry has just a lot of really ...
AI, a revolutionary force, is poised to transform industries, including insurance. But not all AI claims in the insurance sector stand up to scrutiny. Insurers and insurtechs are increasingly touting ...
As people interact more with AI, new risks such as AI hallucinations and model drift are emerging. Recognizing the problem, insurance companies are announcing new policies that cover such risks .
A South Florida lawmaker's proposal to prevent insurance companies from denying claims based solely on AI decisions moved ...
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