Archive: October 15th, 2011

Social Media Approaches for Application in Claims, Underwriting

Social Media Approaches for Application in Claims, Underwriting

Social media usage has risen in all age groups, and the large swaths of information posted by individuals reflect preferences, lifestyles, habits, and, in some cases, neuroses. Insurers can use this mounting social data to create a real-time risk profile while shaping more effective claims and underwriting operations, Celent explains in its new report, “Using Social Data in Claims and Underwriting.”

Key Russian social network adds facial recognition to photos

Key Russian social network adds facial recognition to photos

Odnoklassniki, the second largest social network in Russia, launches a new face detection feature powered by Israeli-based startup face.com, which already provides its technology to Facebook.