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.

While autonomous vehicles promise enhancements in safety and consumer mobility, they also bring new risks. To meet them, we must transform the auto insurance industry and the way those risks will be covered.

A good relationship between underwriters and actuaries helps insurers price risk more effectively.

New technologies drawing on behavioral science know when you’re about to make a mistake.

Catastrophic errors occur when businesses misapply data and statistical analysis.

Nearly every insurer labors furiously to transform their business around data. Unfortunately, much of this labor is in vain.

An increasingly productive economy means more trade and demands more exacting logistics risk management.

High Net Worth individuals and households are increasingly buying cyber monitoring services.

Claims handling is a constant source of friction between insurers and their insureds. Will new communication tools and big data be able to sort this old problem out? 

Making insurers more efficient is just one upside of more digitization.

Commercial insurance carriers frequently take on risks that are proven to be loss-ridden because they don’t have the analytics to underwrite and insure better risks.

This year’s Excellence in Risk Management report reveals a gap between awareness of new technologies and the ability to employ them strategically.

A recent supplier snafu saw KFC’s UK outlets run out of chicken. The growing use of analytics address supply chain and distribution vulnerabilities.

The small commercial insurance sector has been slow to adopt predictive modeling, but a few best practices can make all the difference.