Imagine a world where insurance claims are processed instantly with accuracy and minimal manual intervention. Yes, that is the promise current artificial intelligence revolution has made in claims processing. But as with any modern technology revolution, there are challenges, and …
In today’s fast-paced, digital world, the insurance industry is undergoing a rapid transformation, and the way insurance claims are being managed is no exception. The touchless claims experience is proving to be an elusive goal for some, a lofty aspiration …
Technology is poised to take over traditional markets and is rapidly creating new ones. For example, this trend is evidenced by the adoption of electric vehicles, demand for solar energy, and the blistering pace of generative AI adoption. Yet these …
Sedgwick Promotes Tech Leader Sedgwick has appointed Leah Cooper as global chief digital officer, a new position. Cooper will lead Sedgwick’s technology research and development efforts and collaborate across business lines to advance the company’s transformation strategy, the Memphis-based claims …
SAN FRANCISCO —A quest for lower costs and efficiently moving goods and groups of people is pushing demand for driverless technology in trucks and shuttles, even as robotaxis battle renewed doubts after an October accident involving a General Motors Cruise …
DETROIT (AP) — U.S. auto safety regulators say they have taken the first step toward requiring devices in vehicles that prevent drunk or impaired driving. The National Highway Traffic Safety Administration announced on Tuesday that it is starting the process …
LONDON (AP) — Wildfires fueled by climate change have ravaged communities from Maui to the Mediterranean this summer, killing many people, exhausting firefighters and fueling demand for new solutions. Enter artificial intelligence. Firefighters and startups are using AI-enabled cameras to …
LONDON –– The maritime industry is exploring whether nuclear fuel can be used to power commercial ships as advancements in technology open up such options, industry officials said. Nevertheless, any possible nuclear fuel solutions for ships are at least 10 …
Federal investigators renewed their recommendation that major freight railroads equip every locomotive with the kind of autonomous sensors that could have caught the track flaws that caused a fatal 2021 Amtrak derailment in northern Montana. But installing the sensors on …
WASHINGTON (AP) __ President Joe Biden said Friday that new commitments by Amazon, Google, Meta, Microsoft and other companies that are leading the development of artificial intelligence technology to meet a set of AI safeguards brokered by his White House …