A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...

If insurance companies want to use predictive formulas to justify wildfire insurance rate increases in California, they'll have to write more policies in high-risk areas, under sweeping reform ...

Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

Discover the power of predictive modeling to forecast future outcomes using regression, neural networks, and more for improved business strategies and risk management.

SAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) announced that EY and Databricks’ new Ready for Guidewire validated accelerator is now available to Guidewire Cloud users in the Guidewire ...

With the new challenges of agentic AI, insurers will increasingly expect evidence of AI-governance maturity, not just cybersecurity hygiene.

Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...

SAN MATEO, Calif.--(BUSINESS WIRE)-- Guidewire (NYSE: GWRE) announces Niseko, its latest release, designed to give insurers unprecedented insight into financial performance and risk exposure. Niseko ...

Garbage in, garbage out. That is a motto insurers are focused on as AI adoption accelerates. No matter how sophisticated an ...