When it comes to artificial intelligence’s use of intellectual property and personal identifiable information, the technology may be new but the underlying legal and risk management principles that govern it are not.
Deepfake scams using AI to impersonate executives are on the rise, leading to significant financial risks for companies, according to HUB International.
Bain report finds insurers are wrestling with how to extract value from data and technology investments, but technology leadership can lead to significant business improvements.
Employers say that safety technologies, from wearable devices to computer vision, are transforming the workplace and delivering promising results, according to an NCCI report
Augmenting human insights and striking an appropriate balance between maximizing work output and managing the emotional complexities inherent in workers’ compensation cases and claims is essential.
Many claim handlers are already using AI in their processes to some extent, but realizing its full potential could be hampered by a lack of tech talent and access to adequate data.
Deep knowledge of an industry allows underwriters to recognize exposures across multiple lines and build coverage accordingly, resulting in seamless solutions.
Risk & Insurance sat down with Giovanni Smyth to learn more about how Insurance Consulting & Technology helps its partners become more efficient and find new ways to deliver value to customers throughout the insurance life cycle.
How has the workers’ compensation industry evolved over the past decade? The Rising Medical Workers’ Compensation Benchmarking Study answers this question by reviewing the industry’s overall adoption of new technologies, as well as its struggles with the current talent shortage.
As the insurance industry faces a considerable talent shortage, finding ways to optimize the process of knowledge transfer has never been more crucial.