21 Jun 2017

Insurance Technology: The Privacy vs. Convenience Tradeoff

Insurance Technology: The Privacy vs. Convenience Tradeoff

Cars have long represented personal freedom. By owning a vehicle, anyone can go wherever they want, whenever they want. But now cars are changing. They’re becoming safer and more convenient, and while these changes are clear improvements, they can nevertheless raise questions about the loss of privacy in a machine so…

22 May 2017

Telematics: Four Major Benefits for Auto Insurance Claims

Telematics: Four Major Benefits for Auto Insurance Claims

Have you gotten in the habit of saying telematics and UBI interchangeably? Understandable. Usage based insurance – the model in which premiums are priced on user behavior – has been, until recently, the main application for telematics data, especially in the world of auto insurance. But that's about to change.

UBI…

16 May 2017

Better Informed Insurance Decisions: V2V Machine Vision

Better Informed Insurance Decisions: V2V Machine Vision

You've heard of UBI. Well, what about UBI with glasses? At a recent Auto Insurance Report conference, the Tel Aviv-based tech firm Nexar gave a presentation on how collisions could be eliminated if we teach cars to talk to each other and, no less importantly, give them the ability to see.

The concept is called…

09 May 2017

Touchless Claims Report – New Insurance Research

Touchless Claims Report – New Insurance Research

Last Thanksgiving, America saw more people shopping online than in stores – almost 10 million more, to be exact. The scale has tipped, confirming a major shift in consumer habits toward digitalization. The shift doesn't just apply to the stuff we buy. Six in 10 millennials prefer to consume their news online, according…

17 Apr 2017

Infographic: The Chatbot Revolution

Infographic: The Chatbot Revolution

Company after company has been adopting chatbot technology. Why? It’s the future of customer experience. AI-powered chatbots make it easy for customers to get immediate answers and a customized experience using messaging apps, which are eclipsing social media sites in terms of popularity. With chatbots, help is always…

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