Waymo is using insurance data to make the case that its self-driving cars are safer than human drivers. The report, a result of the collaboration first announced last year between the Alphabet-owned company and the insurer Swiss Re, is intended to show how driverless vehicles crash less often and damage less property than human-driven vehicles.
Tag: insurance data
Zurich Partners with Carpe Data to Combat Fraud and Increase Claims Efficiency through New Data
Zurich has found a new ally in the fight against increasing claims costs. The insurer is now working with Carpe Data, a California-based company whose innovative use of alternative and emerging data provides Zurich with improved claims processing efficiency and a major advantage in fighting fraud. Carpe Data’s innovative claims monitoring solution ‘ClaimsX’ gives Zurich… Continue reading Zurich Partners with Carpe Data to Combat Fraud and Increase Claims Efficiency through New Data
How Are Tech-Savvy Insurance Companies Mining Consumer Data Gold?
Concerns Over Data Mining Google has been sued by the Attorney General of New Mexico. The state is accusing the search engine of data mining through its low-cost educational software, in particular of siphoning information about children under the age of 13, including their passwords, Internet history and location. Google denies the allegations, but the… Continue reading How Are Tech-Savvy Insurance Companies Mining Consumer Data Gold?
Abundance of Data and Growth of Alternative Risk Finance Methods Provide Opportunities for Risk Managers: Marsh/RIMS Report
Risk managers are operating in an environment rich in data that when combined with growing alternative risk solutions can result in more robust risk finance strategies and more resilient organizations, according to a new report published today by Marsh, the world’s leading insurance broker and risk advisor, and RIMS, the risk management society®. However, a… Continue reading Abundance of Data and Growth of Alternative Risk Finance Methods Provide Opportunities for Risk Managers: Marsh/RIMS Report