Live Insurance News

Insurance drones will be broadly deployed by Hurricane Harvey claims adjusters

September 4, 2017September 2, 2017 Logan B.

The use of these unmanned aerial vehicles has been adopted by Allstate, State Farm and other major property insurers. Property insurance companies in Texas and Louisiana, such as Allstate and State Farm, are preparing to use their insurance drones to survey the aftermath of Hurricane Harvey. This insurance technology is expected to have an important role in inspecting commercial and residential damage. The insurance drones will first take to the air early this week, once the last of Hurricane Harvey makes its way out of the regions. If all goes…

Insurance technology jobs get hotter as AI’s role expands

April 21, 2017April 19, 2017 Julie Campbell

Customers find online self-service features increasingly appealing and the industry is hiring to meet that need. As the industry looks to artificial intelligence (AI) for improved customer service, insurance technology jobs are expanding in number and specialty. The more consumers show a preference for completing tasks online, the greater the need for large and skilled IT, programming and tech development departments. Current trends suggest that AI is a tech the insurance industry expects to be using in the very near future. In fact, a recent Accenture Plc survey suggested that…

Insurance technology over mobile is helping agents and brokers

June 1, 2015May 31, 2015 Julie Campbell

From smartphones and tablets to mobile apps and web portals, tech is easing the strain on these industry pros. When it comes to agents and brokers working at smaller firms, insurance technology is helping to be able to keep up with the various processes that are an absolute necessity but that can be very time consuming. Some of these processes include policy details, confirmation of coverage, proof of coverage, and payments reviews. The reason is that brokers and agents receive many calls every day that are based on transactions. This…

AIG insurance drones receive FAA approval

April 13, 2015April 11, 2015 Julie Campbell

liability Insurance industry policy for drones

These flying devices can be used for the replacement of human inspectors for a better vantage point. Inspectors regularly need to climb up ladders onto the rooftops of buildings to check the situation after a claim has been made following a storm, for example, but this job may soon be done by insurance drones now that the FAA has made a new exception to its regulations. AIG has received the approval from the FAA to begin using drones to complete jobs that would be risky for humans. This will mean…

Technology Is Changing the Insurance Industry

August 30, 2014August 29, 2014 Note From The Editor

Technology is beginning to play a major role in the lives of people everywhere. People are beginning to use mobile devices and traditional computers more frequently, and this is having an effect on their daily lives. Businesses are also beginning to become more reliant on various forms of technology, including those in the insurance industry. The advent of technology is having a major impact on the industry and how it operates in three ways. Accessible Information Technology is making information much more accessible than it has been in the past.…