Benjamin Tailor

Benjamin Tailor

Digital Insurance Consultant
Benjamin Tailor has extensive experience in the Financial Services industry and is considered authority in Insurtech. He is particularly interested in the potential of AI to enhance claims processing and offers an overview of insurance innovation. His content is packed with insights and tips that provide his audience with key perspectives needed to stay ahead of market trends.
How Will Coalition and Aspen Reshape US Cyber Insurance?
Regulatory & Compliance How Will Coalition and Aspen Reshape US Cyber Insurance?

The strategic partnership between Coalition and Aspen promises to significantly impact the U.S. cyber insurance landscape. Set to launch on April 1, 2024, this collaboration marks an evolution in Coalition's offerings, harnessing Aspen's capacity and expertise to power its U.S. surplus lines cyber

Will Moskowitz's Bill Slash Florida's High Insurance Rates?
Regulatory & Compliance Will Moskowitz's Bill Slash Florida's High Insurance Rates?

Comprehensive Insurance Reform The Natural Disaster Reinsurance Plan Proposal In Florida, soaring insurance premiums have made economic relief vital for homeowners' stability. Representative Jared Moskowitz's Natural Disaster Reinsurance Plan could be a catalyst for change, promising up to a 25%

Leveraging Big Data: Revolutionizing the Insurance Industry
Data Analytics Leveraging Big Data: Revolutionizing the Insurance Industry

The insurance sector is undergoing significant changes, primarily due to big data innovations. A study in *The Journal of Finance and Data Science* highlights this shift, focusing on how data analysis is transforming risk assessment, premium calculation, and client engagement strategies. In 2022,

Is AI Enhancing the Art of Underwriting in Insurance?
AI & Automation Is AI Enhancing the Art of Underwriting in Insurance?

The insurance sector is undergoing a significant transformation, with the rise of artificial intelligence (AI) and automation marking an evolution in its practices. Traditionally, underwriters have been pivotal in assessing risks and setting premiums; however, they are now finding that AI

How Does Appian Revolutionize Insurance Underwriting?
AI & Automation How Does Appian Revolutionize Insurance Underwriting?

Appian is redefining insurance underwriting with its new Connected Underwriting Life Workbench, a cutting-edge tool engineered to heighten efficiency and accuracy in risk assessment. By harnessing the power of AI and automation, Appian's introduction promises to streamline the traditionally complex

How Is AI Shaping the Future of Car Insurance?
AI & Automation How Is AI Shaping the Future of Car Insurance?

The auto insurance sector is undergoing a dynamic transformation, propelled by the advancements in artificial intelligence (AI). Insurance companies are utilizing powerful AI algorithms to decode intricate driving behavior patterns, a task beyond the scope of traditional methodologies. This

How Will Nirvana Insurance's Deal with Ascend Reshape FinOps?
AI & Automation How Will Nirvana Insurance's Deal with Ascend Reshape FinOps?

The insurance realm is on the cusp of a major shift, particularly in financial operations (FinOps). With the recent alliance between Nirvana Insurance and Ascend, there's anticipation of considerable changes in the way commercial fleet insurance handles its finances. This collaboration aims to

Vermont Medicaid System Hit by Cyberattack, Recovery Underway
AI & Automation Vermont Medicaid System Hit by Cyberattack, Recovery Underway

Vermont is currently addressing the effects of a critical cyberattack targeting its Medicaid prescription claims system, which is administrated by Change Healthcare. On February 23, the breach occurred, affecting pharmacies and healthcare professionals and complicating prescription management for

AI Revolution in Insurance: Balancing Tech and Human Touch
AI & Automation AI Revolution in Insurance: Balancing Tech and Human Touch

The insurance sector is currently experiencing a transformative phase, chiefly propelled by the advent of Artificial Intelligence (AI). This technological shift is most prominent in the realm of the customer lifecycle, which is an area that greatly benefits from the integration of AI and machine

How is AI Transforming the Insurance Industry?
AI & Automation How is AI Transforming the Insurance Industry?

The insurance industry is undergoing a significant transformation, propelled by rapid advancements in Artificial Intelligence (AI). As efficiency and customer satisfaction become paramount, insurance companies are increasingly implementing AI to refine their processes, manage the growing volumes of

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