As the world braces for major weather events to increase in both intensity and frequency, insurers must take stock of the significant ramifications of lithium-ion batteries’ rising prevalence in homes across the country.
The business case of generative AI for the financial services profession is helping advisors speed up their processes to allow them to serve more clients with the same 24 hours in a day.
As climate change progresses, actuaries and insurance professionals require a method for identifying climate scenarios that could constitute a regime shift.
Insurance companies know all about assessing and managing risk for their customers, but they also must be capable of identifying the most urgent risks to themselves.
Recent advancements in artificial intelligence are helping insurers and auto repair shops accelerate processes and eliminate much of the excess back-and-forth negotiations required to resolve vehicle damage claims.
These new models combine specialized solutions and tailored offerings to serve overlooked segments, such as gig and part-time workers, associations and businesses looking for new ways to address rising costs.