What Is an AI Core?

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State Farm rolls out insurance plan...
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Start off quickly, save money on computing, and simply scale to very large IPUs as needed. To help developers everywhere make new strides in artificial intelligence, G-Core Labs cloud services are now accessible with free trials and a variety of payment options. An easy method to add current AI computing on demand without having to set up on-premises hardware or create an AI infrastructure from start is through the use of the scalable cluster known as the Core AI.  Features and Benefits… There are many advantages of a dedicated cloud-based…

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Fast-Growing Gradient AI Announces Continued Momentum Built on its AI Solutions that Transform Insurance Claims and Underwriting

Insurance Claims

– Revenue Grows More Than 100% in First Two Quarters – Doubles Global Staffing, Selected by over 30 New Customers Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced at InsureTech Connect Vegas its Q1 and Q2 highlights and continued momentum for 2023 and beyond.  During this time, the company increased revenue by more than 100% and added over 30 new customers. “Gradient AI is in rapid-growth mode and well-positioned to continue on this path well into 2023,” said Stan Smith, founder and…

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Black Talon Security Announces Top 10 Tips for Insurance Companies to Prevent Cyberattacks

cyberattack insurance

Black Talon Security, a leading NY-based national cybersecurity firm, has announced its Top 10 tips insurance companies or agencies should follow to keep data secure and protect records. “Preventing the theft of data and protecting business continuity must be a primary focus for owners of insurance organizations of all sizes; 75% of ransomware attacks in particular result in the theft of most or all of the business data,” said Gary Salman, CEO of Black Talon Security. “The average cyberattack will force a company or agency to shut down for two weeks, as well as negatively impact its integrity and reputation. This does…

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State Farm home insurance and ADT partner up for loss prevention and detection

Home insurance - ADT - Home Security

The insurer recently announced an investment of $1.2 billion into the security company. State Farm recently announced that it has invested $1.2 billion into the ADT Inc security company, for approximately 15 percent equity and a move to support new home insurance advancements. The partnership between the two companies allows the insurer to imagine new forms of coverage. By working with ADT security, State Farm will be looking into ways to innovate the home insurance experience. This could include new applications for Smart Home technology to be applied to property…

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Travel insurance remains important protection as summer proves rocky for travelers

Travel insurance - Summer trips

Despite the fact that people were far more likely to book trips, barriers still stood in their way. This summer was meant to be the return of regular trips and dream vacations, but still proved to be a time in which travel insurance continued to play a central role in protecting travelers from unexpected financial losses. Sudden demand increases, severe storms and understaffed airlines and airports threw a wrench in many plans. Even though people were more determined to take a vacation than they have been since 2019, they faced…

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USAA and Human API collaborate on new life insurance shopping experience

Life insurance - Shopping Cart

The insurer announced that it would be working with the health data platform to change the buying process. USAA Life Insurance Company has announced that it will be partnering with Human API to take its next step forward in the experience it provides consumers seeking coverage. The insurer and health data platform will come together to recreate the policy shopping process. The new collaboration will bring together the USAA Life insurance experience with digital health data and the health data platform from Human API. The goal is to use the…

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DataStream cyber insurance expands into Canada

Cyber insurance - Canada

The California-based broker has announced that it is undergoing an international expansion northward. DataStream Cyber Insurance, a California based broker, has announced that it is now expanding its business out of the United States and into Canada. The broker provides comprehensive digital coverage specifically for small and medium businesses. The cyber insurance broker company provides coverage to small and medium businesses (SMBs). It also offers those SMBs full assessments, data analyses of risk outlined in financial terms, and client training. The broker represents more than 30 carriers. For the company’s…

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