Increasingly, climate change is becoming a pervasive business risk that is perilous to ignore. Flood, drought, wildfire, severe windstorms, and other anomalous weather effects will likely jeopardize most every organization in time, whether directly or indirectly.

“A machine can build a bias without us knowing it. I mean, you feed it enough data, you can tell it to ignore racial profiles, but you never know how the machine does it.”

Uses for big data and predictive analytics in workers’ comp are growing. But will adjusters buy-in? 

The four issues they were most excited about were new products and services; automation and the use of AI for improving underwriting performance; new data sources; and ESG considerations.

Rather than searching for permutations of claims characteristics in swathes of data, you tell the machine to look for claim cohorts that are experiencing unexpected development – and set it off to do the searching.

Coalition CEO Joshua Motta shares his views on the evolution of cyber insurance, insurance regulation and a number of additional topics with Risk & Insurance.

Blockchain and its applications in insurance hold tremendous potential to provide financial stability in emerging and underserved economies.

Just because a company is new and growing doesn’t mean that underwriters and actuaries are shut out from accessing actionable data.

Collisions with insurance company legacy systems is just one reason why the use of artificial intelligence in property underwriting has not advanced as far as some would like.

Organizations should not assume that any of the insurance policies they have in their portfolio will respond to a biometric privacy claim.

Using data to understand your workers’ comp program may seem tricky. Here are a few questions to guide your thinking.

Apple, BMW and Cisco are just some of the companies that are transforming the way data is used in insurance.

No two construction projects are the same. That’s where artificial intelligence can help in the transfer of complex risk information.

Over one million workers’ comp claims were auto-coded using AI, creating a new source of injury intelligence intended to target the causes of work injuries.

Technology changes the game by easing the burden of record keeping and tilting the workers’ compensation case management field toward true injured worker advocacy.

As risk manager for a major entertainment company, Brad Waldron says collaboration with outside parties is key to staying successful amid evolving consumer preferences.

A new LexisNexis Risk Solutions report explains how small commercial business insurance carriers can turn their top challenges into competitive advantages.  

With today’s digital landscape, customers have higher expectations for a more streamlined quote experience, which means fast, convenient transactions that are automated and digitally interactive.

Teaching business analytics without tying that teaching to important non-quantitative changes in our society creates new risks.

As companies across all sectors evolve into digital enterprises, there is an increasing need to value a company’s data as a tangible asset on the balance sheet.