Insurance companies have a long history of using analytics, but the advent of artificial intelligence (AI) has taken this to a new level. Based on research conducted by SAS, this whitepaper studies what the future will look like for insurance, as AI becomes more ubiquitous.
This whitepaper explains the reasons for marine cargo insurance and the different circumstances for when this may be required, as well as examining some topical issues for the market. Topics covered: an explanation of incoterms; insurance cover available; case studies of marine insurance incidents.
Escape of water claims are reaching an all-time high and the risk can be even more prevalent in the high-net-worth sector. This article highlights the factors pushing up claims costs, how brokers can manage the claims process and provide risk mitigation advice to HNW clients.
How well-equipped is the UK insurance market for the predicted upsurge in drone ownership and usage over the next few years? To find out, Post in conjunction with lawyers Kennedys surveyed the UK insurance market to uncover how the industry plans to tackle the risks and opportunities presented.
The Washington State Supreme Court ruled on March 9, 2017 that an injured Alaskan commercial fisherman could claim punitive damages resulting from the unseaworthiness of a fishing trawler. This article highlights the significance of the case for commercial ship owners.
This special report examines one of the biggest challenges facing the insurance industry, and, more broadly, the world - the great divide between economic losses and insured losses, commonly called the protection gap. The report discusses this growing problem and what be done to address the issue.
Any organisation that carries out activities which require employees to use certain hand held tools needs to carefully assess the risks and put the right safeguards in place. This article provides advice on how organisations can reduce the risk of hand-arm vibration claims and fines.
ARAG's bi-annual news bulletin covers the latest developments impacting the legal expenses insurance field. Inside this issue: whiplash & discount rate reforms delayed; getting data privacy right; Insurance Distribution Directive (IDD) outcome; innovation workshops.
When the Riot Compensation Act 2016 came into force in April 2017, it sought to clarify and modernise the legislation related to riot-related compensation. This article sheds light on how the 2011 London riots contributed to the law change and the implications for insurers, claimants and businesses.
In the property and casualty sector alone, insurance fraud related losses are estimated to be over £20 billion per year. This paper is dedicated to demonstrate how and why advanced analytics can assist in identifying and decreasing the number of fraudulent claims.