Eversheds Sutherland Up to Speed Blog
content top

Artificial Intelligence: Not Just for Driving

Could artificial intelligence be coming to an insurance company near you? Some insurers are beginning to explore the use of “chatbots” and other forms of AI to assist in the claims and underwriting process. In the auto claims context, a bot could be used to connect to the electronic devices in a connected car and transmit information directly to the insurer. It could also be used to...

Videocast: Insurance and Automated Transportation

The question isn’t whether automated technology will impact the auto insurance industry, but how big that disruption will be and when that disruption will happen. In their videocast, Insurance and Automated Transportation, Eversheds Sutherland (US) LLP Partner Kymberly Kochis and Eversheds Sutherland (International) LLP Partner Fabian Volz discuss numerous ways the insurance industry...

Increasing Reliance on Insurance Agents

In a recent study, JD Power reported that auto insurers increasingly rely on agent recommendation to drive new business sales.  The market has not grown significantly in the last year, with slight premium increases and similar numbers of insurance purchasers and quotes since the 2016 study.  Although price remains very important to consumers, an agent’s recommendations are becoming...

The Question of Liability in Autonomous Vehicle Crashes

Despite the ongoing development of autonomous vehicles, and the push to get autonomous vehicles on the road, there are still many questions about who can be held liable in the event of an accident. For example, while a consumer safety group believes that automakers should assume responsibility, automakers have argued that the issue is covered by state insurance laws determining...

Big Brother Is… Underwriting?

Speakers at the Casualty Actuarial Society’s Ratemaking and Product Management Workshop recently commented that as the internet of things spreads and encompasses devices in vehicles and homes, underwriters for personal lines insurance companies must begin to take into account “exposure data tracking.” With respect to auto insurance, carriers now have access to sensors that can track...

« Older Entries