technology

Some experts predict a boom in jobs meant to ensure that AI systems keep in step with legal and regulatory obligations, ethical responsibilities, and community standards.

Congress may have forced Mark Zuckerberg to reveal more about personal data gathered on Facebook (FB). But consider this: Your insurance company likely knows a lot more about you. 

It is well understood that increased physical activity levels are linked with a reduced risk of certain illnesses, leading to improved healthy life expectancy. Wearable devices have also been championed as a way to not only help people track physical activity, but with the right incentives, increase overall activity levels in the short term.

Recently, blockchain has emerged as a technology that will potentially transform industries in a similar way that the Internet did a couple of decades ago. Still a nascent technology, many of its uses have not yet been discovered or explored.

In theory, it is the depersonalization of the consumer experience and process in search of the cheapest and easiest alternative in doing business.  Life insurance is unfortunately one of those entities subject to these forces, whether by Amazon or by other methods insurers are now using to amalgamate the process.

Legal & General America, a top player in the U.S. term life market, has found a secret passage into U.S. consumers’ wallets: selfies.

Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings.

Top insurance industry CIOs discuss emerging trends, top technology initiatives, challenges and change in the industry overall.

Although Ladder company has only 37 employees, it can issue fully, but quickly, underwritten policies while the applicants are sitting in front of their computers, with coverage limits ranging from $100,000 to $8 million.