Agency Technology

The April 9 release outlines concerns over bias and transparency in AI-supported decisions, particularly in underwriting.

Insurance technology news from The Black Car Fund with CLARA Analytics technology.

AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.

Advances in generative AI have enhanced the accuracy of synthetic data, which makes it a valuable tool.

Most auto and homeowners insurers are using AI tools in their marketing efforts to reach new policyholders.

Experts with FICO say that with the assistance of AI, insurers can rapidly accelerate modernization efforts.