Four challenges that insurers face when using artificial intelligence in claims
The use of artificial intelligence in claims represents a ‘significant
opportunity’ for the sector, said the insurer Ageas in a…
Data Ethics
With insurance becoming increasingly digital, data ethics has become the key lens through which issues and challenges are emerging. What makes it particularly important is how it is influencing insurance at both the policy and the market levels.
215 posts
Smart contracts in insurance: clever but dangerous
The use of smart contracts in insurance opens up all sorts of opportunities. And
they sound clever and exciting, but…
Does this spell the end for insurance claims?
Aviva [http://www.aviva.com/] are publicising
[https://www.thesun.co.uk/money/3359873/aviva-boss-promises-to-slash-prices-and-let-customers-buy-policies-without-filling-out-endless-forms/]
a new system called Ask…
Is this the most controversial claims innovation of all?
Pushing at boundaries and challenging traditional notions is what innovation is
all about. Rethinking something that people have taken for…
Accountability in an era of algorithm driven insurance – rock or hard place?
There a question mark forming over the capacity of board members of insurance
firms to perform their oversight duties effectively.…
Could algorithms make insurance firms ungovernable?
It sounds a bit scary, but could big data result in the oversight provided by
board members of an insurance…
Is big data steering insurance towards a cliff or a superhighway?
It was great to see the panel I was on last week to debate the above question attract a full…
Which rules should ‘insurtech’ disruptors break?
There’s a lot of attention being given at the moment to the startup firms that
are entering the insurance…
It looks like the FCA really does not understand big data
A recent speech
[https://www.fca.org.uk/news/speeches/challenges-insurance-regulators-big-data-world]
by the chief executive [https://www.fca.org.uk/…