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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. For instance, the 2000 Honda Civic is the most stolen car in America and the Mitsubishi Mirage (in the 2013-2017 model range) has the most fatal crashes. Demographics. This includes: Age. Type of Vehicle. Telematics.

Insurance 108
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OpenAI sets up new safety body in wake of staff departures

CIO Business Intelligence

OpenAI is setting up a new governance body to oversee the safety and security of its AI models, as it embarks on the development of a successor to GPT-4. The first task for the OpenAI Board’s new Safety and Security Committee will be to evaluate the processes and safeguards around how the company develops future models.

Risk 91
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Sustainable IT: A crisis needing leadership and change

CIO Business Intelligence

As demand for computing power continues to rise, the environmental impact of technology cannot be ignored. We recently held our annual corporate conference addressing many subjects top of mind with IT leaders and it came as no surprise that a session on sustainability was one of the most attended. Environment. Why is this?

IT 84
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14 essential book recommendations by and for IT leaders

CIO Business Intelligence

In The Phoenix Project: A Novel About IT, DevOps, and Helping Your Business Win (IT Revolution Press, 2013 ) , Bill — an IT manager — takes over a critical project that’s over budget and behind schedule. CTO and co-founder of Digibee. It gives the fundamental patterns for achieving fast flow,” he says. “By

IT 113
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How Vulnerable Are Supply Chains to Hacking?

Smart Data Collective

The more people there are, the more vulnerable a network will be if it hasn’t taken appropriate measures to protect itself. One of the first high-profile incidents of this occurring happened to Target in 2013. Lurking on the first page of your favorite search engine. In your email inbox. It happened to Marriot. It happened to Yahoo.

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India’s advisory on LLM usage causes consternation

CIO Business Intelligence

India’s Ministry of Electronics and Information Technology (MeitY) has caused consternation with its stern reminder to makers and users of large language models (LLMs) of their obligations under the country’s IT Act, after Google’s Gemini model was prompted to make derogatory remarks about Indian Prime Minister Narendra Modi.

Testing 122
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Think inside the box: Container use cases, examples and applications

IBM Big Data Hub

Containers and Docker Container technology fundamentally changed in 2013 with Docker’s introduction and has continued unabated into this decade, steadily gaining in popularity and user acceptance. Docker containers were originally built around the Docker Engine in 2013 and run according to an application programming interface (API).