• Categories

  • Pages

  • Archives

Drones: Insurance Industry Game Changers.

With the expanded popularity and use of drones for everything from aerial surveillance to Amazon deliveries, it was only a matter of time before their impact was felt in the claims industry.  The four main areas of impact from drone technology  in the insurance field include:

  1. On site investigation and accident reconstruction.
  2. Surveillance and the monitoring of disabilities.
  3. Claims settlements.
  4. New forms of insurance coverage for drones.

While the current cost of sending field adjusters to investigate accident scenes is high, these fees can soon be mitigated by the use of drones for these services.  Additional benefits of drone usage in the insurance business are ease and rapidity of deployment, liability determination and injury confirmation.

Drones will also be playing  a significantly larger role in fighting insurance fraud through possible surveillance of bodily injury/workers’ compensation claimants.

 

There are, however, liability risks associated with drones, like the potential for drones to drop out of the sky and because they fly at low altitudes, there is the risk of a drone crash possibly causing property or personal injury damage.  Also, certainly we will see lawsuits relating to drone use alleging invasion of privacy.

 

Nonetheless, drone use is not only here to stay but will expand dramatically as the technology improves, making its inclusion in insurance matters a cornerstone of that industry.  It’ll be interesting to see how the law adapts to the inevitable drone factor.

BNI Operatives: Situationally aware.

As always, stay safe.

With An Ear For New Technology: New API Can Copy The Voice Of Anyone

IN BRIEF: Montreal-based technology startup Lyrebird has launched a new app interface that allows people to synthesize speech using just a 60-second recording of anyone’s voice audio. While the technology is ground-breaking, its potential use to commit fraud is a huge red flag.

From Futurism: (For those you blessed/cursed with avid curiosity:  A lyre bird is most notable for its superb ability to mimic natural and artificial sounds from its environment.)

We regularly hear about new technologies for editing images in a unique way or better algorithms for visual recognition software. Clearly, a lot of work is being done to improve image generation techniques, but very rarely, however, does news about new voice-editing tech emerge. Adobe’s Project VoCo software is one of just a few exciting examples, but now, Montreal-based startup Lyrebird believes it’s done something even more impressive.


Like VoCo, Lyrebird’s latest application program interface (API) synthesizes speech using anyone’s voice. Unlike VoCo, which requires 20 minutes of audio to generate its replication, Lyrebird’s tech only needs a minute-long sample of the voice it’ll synthesize.

And, as if that’s not impressive enough, Lyrebird’s new service doesn’t require a speaker to say any of the actual words it needs. It can learn from noisy recordings and put different intonations into the generated audio to indicate varied emotions, also.

A CONCERNED VOICE:  Lyrebird’s new tech is revolutionary, indeed. It doesn’t just edit audio recordings — it makes it easy for someone to generate a new recording that truly sounds like it was spoken by a particular person and not created by a computer.

This raises some rather interesting questions, and not only does Lyrebird acknowledge these, the company actually wants everyone else to as well:

Voice recordings are currently considered as strong pieces of evidence in our societies and in particular in jurisdictions of many countries. Our technology questions the validity of such evidence as it allows to easily manipulate audio recordings. This could potentially have dangerous consequences such as misleading diplomats, fraud, and more generally any other problem caused by stealing the identity of someone else […] We hope that everyone will soon be aware that such technology exists and that copying the voice of someone else is possible. More generally, we want to raise attention about the lack of evidence that audio recordings may represent in the near future.

In short, Lyrebird want people to know they can easily be duped by audio, and hopes this knowledge will actually prevent fraud: “By releasing our technology publicly and making it available to anyone, we want to ensure that there will be no such risks.”

Being aware of the potential to be bamboozled by audio is one thing, but protecting oneself from potential fraud is another. Still, the value of Lyrebird’s technology can’t be denied. Whether its usefulness for things like creating more realistic-sounding virtual assistants outweighs its potential for nefarious endeavors remains to be seen.

***************************

Lyrebird’s developer API is still under development.  BNI has become a beta-tester and we will be informed of its launch which we will, of course, pass along.  Our readers will be among the first to know how this new technology works in the real world.  Stay tuned.

BNI Operatives: Situationally aware.

As always, stay safe.

 

%d bloggers like this: