The appeal of artificial intelligence across many industries is impossible to deny. But it may come as a surprise to hear that the insurance industry — typically perceived by outsiders to be one of the more decidedly unsexy industries today — outspends 12 other major industries when it comes to investing in AI. According to the Global Trends Study 2017, … [Read more...] about Why insurance companies are betting big on AI-powered chatbots
Accident insurance company
The British food delivery company Deliveroo will enrol its 35,000 riders into a new global insurance scheme that covers injuries sustained both on and off duty. The insurance scheme, which will be free to all couriers in 12 countries, is expected to cost the company almost £10m. CEO and founder of Deliveroo Will Shu said: “We know riders value the flexibility of … [Read more...] about Deliveroo pledges to give their riders all over the world free accident insurance
Deliveroo is to offer free accident insurance to all of its 35,000 riders. The UK company, which uses a network of gig economy couriers to deliver takeaway meals, said its insurance will cover £7,500 of medical expenses per rider and up to 75pc of gross average income. The insurance deal will cover Deliveroo workers when they are logged into the app and marked as … [Read more...] about Deliveroo introduces free accident insurance for riders
Would tomorrow's self-driving cars be safer if they were controlled by insurance companies? Would they get to market sooner?That's one potential reality being proposed by Oxbotica, an autonomous-vehicle startup that is looking at how tomorrow's automated vehicles gather and share data. Spun off from the University of Oxford, Oxbotica's co-founder and Oxford professor, Paul … [Read more...] about Should insurance companies directly control self-driving cars?
Congress may have forced Mark Zuckerberg to reveal more about personal data gathered on Facebook (FB). But consider this: Your insurance company likely knows a lot more about you. Insurers' cache of private information includes credit reports, the market value of your home, age, marital status, education and, in the case of a life insurance policy, the status of … [Read more...] about Your insurance company knows more about you than Facebook