Tech

The limits of artificial intelligence in insurance

Artificial intelligence has not reached the point where it is replacing humans in the insurance industry because many processes still require human intervention, speakers said at a recent insurance conference. Artificial intelligence is used in some cases for client engagement – with a chatbot for instance, Charles Dugas, head of insurance at Elemental AI, said […]

By Greg Meckbach | April 11, 2019

3 min read

Applied Systems acquires TechCanary

Broker management system provider Applied Systems announced Wednesday it has acquired TechCanary. TechCanary is a cloud-based insurance customer relationship management (CRM) system built natively on the Salesforce.com platform for brokerages, managing general agencies (MGA), wholesalers and insurers. Details of the acquisition were not being disclosed, but the deal expands Applied’s sales and marketing solutions and […]

By Jason Contant | April 10, 2019

2 min read

The downside risk of machine learning

Machine learning and artificial intelligence can create liability risk if it makes decisions that would be inappropriate or even illegal if a real person made them, a risk expert warns. “If you train an algorithm with data that has underlying sexist or racist data, you may end up making a racist or sexist machine learning […]

By Greg Meckbach | April 8, 2019

3 min read

HR

Industry veteran Steve Whitelaw joins Applied Systems

Applied Systems has appointed Steve Whitelaw as vice president of industry and partner relations for the Canadian marketplace. With more than 20 years of technology leadership and industry relations experience, Whitelaw was previously vice president of IT planning, execution and operational effectiveness at Travelers Canada. “The industry is undergoing digital transformation, and it is critical […]

By Jason Contant | April 5, 2019

2 min read