Plum Underwriting to use new AI claims platform from Pact Global
Plum Underwriting has signed a strategic partnership agreement to use Pact Global’s artificial intelligence (AI)-powered claims-as-a-service platform to reduce fraud...
Read MoreFighting motor fraud with AI
Can an AI determine which potentially fraudulent motor insurance claims are worth contesting? Yes, says Clyde & Co’s Damian Rourke...
Read MoreKennedys IQ launches to develop claims innovations for insurers
Kennedys has spent the past 10 years developing innovations and technology to make the claims process smarter, faster and more...
Read MoreCII launches Society of Underwriting Professionals
The Chartered Insurance Institute (CII) has launched a new society for underwriting professionals. David Williams, managing director of underwriting at...
Read MoreBusiness leaders spend little time on cyber risks, find Marsh and Microsoft
A majority of board members and senior executives responsible for their organisation’s cyber risk management had less than a day...
Read MoreCyber crime cost to soar, finds Juniper Research
The cost of data breaches will rise to more than $5 trillion in 2024, according to Juniper Research. The market...
Read MoreWillis Towers Watson: Motor claims inflation rises
The average cost per motor claim rose to £4,791 last year, according to benchmarking analysis from Willis Towers Watson. Motor...
Read MoreFraud solutions provider FRISS opens UK office
Fraud and risk solutions provider FRISS is opening its first office in the UK. FRISS, which provides artificial intelligence (AI)-based...
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