Auto insurers are going to have choices like this to make. Auto insurance, coincidentally, is also a 120-year-old “established” industry, based around a policy transaction. Will insurers continue to provide traditional insurance in traditional ways until they are forced down a dead-end path, ...
Denise Garth:There are new risks and combinations of risks that are shifting the need for insurance. It’s not just about the property being close to a fire hydrant, or customers in a fire zone. There are so many other elements to take into consideration, with a layering of multiple diffe...
As regions exit the most critical crisis period, a “new normal” will set in. However, the lasting impact on the population and economy will be dramatic, affecting the demand for insurance for years to come. While taking that into account, carriers will at some point be...
Artificial intelligence invades our lives and professions at an ever-increasing pace and intensity. Architecture, engineering, construction, and operation
Using Variational Autoencoders, for instance, research development at MIT investigates how AI can generate diverse structures while ensuring perfor- mance standards (Chaillou, 2022f ). However, due to the essential material liability of the structural design, the not yet-solved problems of the ...
I will now turn to how Ulf describes the resistance he has faced when talking to members about climate change. When Ulf meets members, it is commonly in relation to issues of health and safety, and insurance matters. But, since he is one of very few people in his organization engaged wit...
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For example: Banking, wealth management, and insurance are some of the areas poised for dramatic change by using cognitive and AI solutions from IBM Watson Financial Services. Watson Health provides technology and expertise to empower leaders, advocates and influencers in health to accelerate ...
Tesla's Model 3 is going to go through some of its biggest changes this year Tesla Tesla has been working on a revamp of one of its most popular vehicles, the Model 3. The project is codenamed Project Highland and the vehicle will see the most profound changes since it launched i...
Profiting from business model innovation: evidence from pay-as-you-drive auto insurance Res. Policy, 42 (1) (2013), pp. 101-116 View PDF View article View in Scopus Google Scholar Fox and Li, 2012 S. Fox, L. Li Expanding the scope of prosumption: a framework for analysing potential co...