Amid rising anticipation, Suunto is rumored to be on the brink of launching a new lightweight GPS watch specifically designed for running enthusiasts. This watch, allegedly named the Suunto Run Watch, is set to combine several advanced features tailored for serious runners, distinguishing it from
The rapid integration of artificial intelligence (AI) into various business operations has introduced novel complexities and risks that traditional insurance policies may not sufficiently address. This development underscores an urgent need for insurers and insured parties to reassess and adapt
Starting a small business is an exhilarating yet demanding endeavor, filled with potential rewards but also numerous challenges. Unfortunately, many small businesses face alarmingly high failure rates, especially within their first few years of operation. Understanding the common pitfalls that lead
Public health insurance initiatives have been at the forefront of efforts to combat the rising costs of health care in the U.S. Various states have undertaken significant measures, primarily through the implementation of public option laws, to make health coverage more affordable. By examining the
A significant piece of legislation designed to curb fatal dog attacks in Florida by creating a dangerous dog registry and mandating liability insurance for dog owners is advancing to the House floor. Named the "Pam Rock Act" in memory of a 62-year-old mail carrier who met a tragic end at the hands
Loadsure, a UK-based insurtech firm, has embarked on a strategic expansion by appointing several experienced executives to drive forward innovation and growth in the freight insurance sector. This move is designed to elevate Loadsure's technological infrastructure, data capabilities, and market
The insurance industry is witnessing a profound transformation powered by artificial intelligence (AI), which is reshaping various aspects of operations, from risk assessment to customer interactions. Over 70% of insurers are currently leveraging AI technologies, particularly for fraud detection
The insurance industry today is navigating complex changes, notably rising premiums and AI innovations. Brokers must adapt to this rapidly evolving landscape to effectively serve their clientele. Here, experts from various segments of the industry provide their insights on the challenges and
The underutilization of artificial intelligence (AI) by insurance companies, despite significant investments, is highlighted in a new Boston Consulting Group (BCG) report. Insurers are encouraged to narrow their AI focus to specific high-value areas to enhance near-term profits and performance.
The evolving realm of machine learning algorithms, particularly those designed to process and interpret health data from wearable devices like smartwatches and fitness trackers, is drawing significant attention. These wearables are capable of detecting various bio-signals, which are physiological
